Go Back Email this Link to a friend


TAW - Tawana - Aquila Discovers High Grade Manganese on Two

Release Date: 08/04/2008 08:54:18      Code(s): TAW
TAW - Tawana - Aquila Discovers High Grade Manganese on Two                     
              Project Areas in South Africa                                     
Tawana Resources NL                                                             
(Incorporated in Australia)                                                     
(Registration number ACN 085 166 721)                                           
Share code on the JSE Limited: TAW                                              
ISIN: AU000000TAW7                                                              
Share code on the Australian Stock Exchange Limited: TAW                        
ISIN: AU000000TAW7                                                              
("Tawana" or "the Company")                                                     
8 April 2008                                                                    
Aquila Discovers High Grade Manganese on Two Project Areas in South Africa      
Tawana indirect interest 5.2%                                                   
Aquila Resources Limited ("Aquila") today released an announcement to the       
Australian Securities Exchange relating to the discovery of high grade manganese
on two project areas in South Africa. The summary of the announcement follows.  
The full announcement can be viewed on Aquila`s website at                      
www.aquilaresources.com.au                                                      
Tawana Resources NL ("Tawana") advises that it holds 26% equity in Rakana       
Consolidated Mines Pty Ltd ("Rakana"), the joint venture partner of Aquila in   
South Africa.                                                                   
Aquila Discovers High Grade Manganese on Two Project                            
Areas in South Africa                                                           
Highlights of intersected manganese mineralisation include:                     
-    6.69m at 46.13% Manganese                                                  
-    6.09m at 48.60% Manganese                                                  
-    3.70m at 40.81% Manganese                                                  
Carbon steel resources producer and developer, Aquila Resources Limited (ASX:AQA
Aquila or the Company) is pleased to announce promising manganese assay results 
from its Avontuur Projects located 75km north west of Kuruman, in the Northern  
Cape Province of South Africa.                                                  
The results are from the first three holes assayed from the 74% owned Avontuur  
Projects, which comprise a permit area of 370sq km. The manganese discoveries   
were identified on two mineralised prospects some 20km apart and adjoining the  
northern-most farms of the main Kalahari Manganese Field.                       
The permit was taken up initially for iron ore, but modelling of aeromagnetic   
data and assessment of previous exploration identified two targets for manganese
mineralisation.                                                                 
Contact:                                                                        
Wolf Marx                                                                       
Tel: +61 (0)3 98635222                                                          
Mob: +61 (0)428 398446                                                          
Email:wolf.marx@tawana.com.au                                                   
Sponsor to TawanaPricewaterhouseCoopers Corporate Finance (Pty) Ltd             
Date: 08/04/2008 08:54:18 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2019 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.