News & Articles > FURTHER ROBUST ROCK SAMPLES FROM AFRICAN QUEEN’S KING SOLOMON PROJECT CONSISTENT WITH INITIAL RESULTS; CONFIRM POTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SYSTEM
News & Articles

October 14 , 2009

FURTHER ROBUST ROCK SAMPLES FROM AFRICAN QUEEN’S KING SOLOMON PROJECT CONSISTENT WITH INITIAL RESULTS; CONFIRM POTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SYSTEM

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that assay results have now been received from Scientific Services Laboratories (South Africa) for a further 62 grab rock samples collected as part of the Phase 1 exploration program on its King Solomon Project on the Fingoe Belt in western Tete Province, Mozambique. Of the latest 62 samples collected, 11 reported gold values > 3 g/t Au, 5 reported copper values > 10 % Cu, and 4 reported silver values > 200 ppm ag. Zinc was present in many of the samples, ranging nearly 40% Zn in the case of one sample. The highest values obtained from any single samples were No. 055L: 11.20 g/t Au, 23.3% Cu and 256.0 ppm Ag; and No. 038L: 12.75 g/t Au, 4.55 % Cu and 255.5 ppm Ag. These samples were collected from outcroppings from the Kazito and Makombiti prospects within the 10 km anomalous mineralized zone and are believed to represent fairly typical examples of the mineralization exposed.

The results of these 62 samples are consistent with and in some respects more robust than the results reported in our prior Press Release dated September17, 2009, for the 23 samples taken along strike and analyzed by Acme Analytical Laboratories Ltd. (Vancouver). The current samples not only confirm the presence at surface of significant gold mineralization (35% of the samples reported > 1 g/t au), but also the polymetallic nature of the vein mineralization. In addition to the high values of copper and silver associated with the gold mineralization, high zinc values were reported. The results of additional trench and soil sampling data are presently being awaited over a number of identified targets and will be analysed and reported as soon as available.

Two highly prospective targets are the focus of our initial exploration efforts, with a view toward commencing shallow scout drilling during the next month. These are the Makombiti and Kazito Targets. The former consists of a malachite-bearing, magnetite skarn developed on the contact of a calcite marble and granite intrusive. Extensive shearing is present along this contact zone and a number of deep adits have been identified. The Kazito Prospect is identified as a possible continuation of the Makombiti contact zone towards the northeast. Gabbroic intrusives are in contact with calcitic and dolomitic marbles. A number of cross cutting shears have been identified and are associated with siderite alteration.

To date 85 grab samples have been analyzed and a total of 3 400 soil samples collected and submitted to laboratory. All 62 sample results presented in this press release have been analyzed by Scientific Services Laboratories of Cape Town, South Africa. Gold was analyzed using fire assay techniques, while the Cu, Pb, Zn, Ag and Mn values were completed by Atomic Absorption (AA).

The King Solomon Project is located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique. These rocks consist of metavolcanics, metasediments and intrusive granitic and gabbroic rocks. The samples reported herein were taken from the license which is the subject of the Earn-in and Joint Venture Agreement dated July 10, 2009 (the “Agreement”), with Swiss-based Opti Metal Trading Limited (“Optimetal”), covering exploration, development and exploitation of Prospecting License No. 884L held by Optimetal’s Mozambique subsidiary (the “License”). The License covers an area of approximately 230 km2 in the center of the Fingoe Belt, adjacent to permits which are the subject of existing earn-in and joint venture Agreements between the Company and Manica Minerals Ltd. and African Eagle Resources plc (AIM: AFE), respectively, covering an aggregate of 1359 sq.km.

Under the terms of the Agreement, the Company may earn up to an 85% interest in the License and related Project by funding prescribed stages from exploration through feasibility. Optimetal has the right to participate at its election pro-rata after the Company has reached 51% ownership interest. The Company is designated as manager and operator of the Project. By paying its 50% share of the Phase 1 costs estimated to be $300,000, the Company will earn a 25% interest in the Project.

The company has been exploring the Fingoe Belt during the last three years through various joint ventures with existing license holders such as Manica Minerals and African Eagle Resources. In terms of the JV agreement with Optimetal, the Phase 1 exploration effort has been focused on the rock and soil sampling of a number of defined target areas, as well as detailed mapping and trench sampling.

GRAB SAMPLE RESULTS FROM KING SOLOMON PROJECT, MOZAMBIQUE

SAMPLE

PROSPECT

Au (g/t)

Cu (%)

Pb(ppm)

Zn(ppm)

Mn(ppm)

Ag(ppm)

001F

Mankombiti

<0.05

0.03

67

33

243

N/A

002F

Mankombiti

<0.05

0.00

<20

58

426

N/A

003F

Mankombiti

<0.05

0.06

44

514

468

N/A

004F

Mankombiti

0.61

1.66

<20

55

381

N/A

009L

Kazito

1.66

0.12

11

11

144

<2.0

036L

Kazito

0.47

0.03

<10

<10

134

<2.0

011L

Kazito

0.16

0.07

121

194

394

3.9

012L

Kazito

1.79

0.01

17

<10

64

<2.0

013L

Kazito

0.52

1.30

100

324

1340

<2.0

014L

Kazito

<0.05

0.01

32

15

449

<2.0

015L

Kazito

0.15

0.15

145

1790

353

<2.0

037L

Kazito

0.43

0.02

19

<10

834

<2.0

038L

Kazito

12.75

4.55

1190

2593

133

255.5

039L

Kazito

0.92

0.67

194500

259200

7960

452.5

040L

Kazito

0.19

0.11

12600

24060

7330

32.6

041L

Kazito

0.99

0.94

204

39530 0

9190

21.8

042L

Kazito

0.10

0.00

48

397

2080

<2.0

043L

Kazito

0.08

0.55

60

5540

456

<2.0

044L

Kazito

1.69

0.37

16

615

11500

3.2

045F

Kazito

0.09

0.21

<10

84

523

<2.0

046L

Kazito

0.28

1.03

12

144

697

10.1

047L

Kazito

0.33

0.09

<10

48

78

<2.0

048L

Kazito

0.28

11.80

<10

116

211

85.5

049L

Kazito

0.87

1.21

330

115

65

28.1

050L

Kazito

0.17

0.09

197

288

178

<2.0

051L

Kazito

1.25

1.13

89

1410

680

6.8

052F

Kazito

0.30

0.23

<10

21

217

<2.0

053L

Kazito

3.82

1.47

36

112500

2740

2.2

054L

Kazito

6.89

0.38

17

701

869

3.9

055L

Kazito

11.20

23.30

<10

13250

172

256.0

056L

Kazito

6.54

5.36

29

2830

130

60.2

057L

Kazito

0.32

5.99

53

9970

239

75.6

058L

Mankombiti

0.35

1.09

<10

69

1200

2.4

059L

Mankombiti

3.40

27.50

<10

131

180

<2.0

060L

Mankombiti

0.27

0.54

<10

64

451

<2.0

061L

Mankombiti

0.26

1.51

<10

105

541

5.8

062L

Mankombiti

1.66

14.20

<10

20

732

87.1

063L

Mankombiti

0.34

0.80

<10

32

782

2.3

064L

Mankombiti

1.41

5.07

<10

31

850

5.6

065L

Mankombiti

0.28

2.47

<10

62

310

<2.0

066L

Mankombiti

1.19

47.30

14

153

292

9.0

067L

Mankombiti

0.61

2.86

11

249

846

<2.0

068L

Mankombiti

0.33

2.55

<10

64

6510

3.6

069F

Mankombiti

1.04

5.07

15

49

200

219.0

070L

Mankombiti

0.06

0.02

10

23

2920

<2.0

071L

Mankombiti

9.73

6.93

10

253

299

168.1

072L

Kazito

4.94

2.28

50

19980

16300

6.2

073L

Kazito

1.03

0.16

114

4510

662

6.4

074L

Kazito

7.58

0.56

25

4460

11100

5.1

075L

Kazito

0.37

0.11

30

1370

3780

<2.0

076L

Kazito

0.14

0.06

70

762

1250

<2.0

077L

Kazito

0.07

0.01

30

88

2365

<2.0

078L

Kazito

<0.05

0.01

16

96

694

<2.0

079L

Kazito

0.06

0.01

16

35

1790

<2.0

080L

Kazito

0.65

0.03

24

631

3620

<2.0

081L

Kazito

<0.05

0.16

<10

955

4395

<2.0

082L

Kazito

1.98

0.13

<10

2430

4870

<2.0

083L

Kazito

3.16

0.14

16

19800

1925

<2.0

084L

Kazito

4.32

0.72

96

84200

5760

9.3

085L

Kazito

0.23

0.24

1670

43900

2805

2.7

086L

Kazito

0.66

0.09

334

2370

1910

<2.0

087L

Kazito

0.19

0.24

137

1860

3985

7.7

Note: This table includes the results of 62 samples assayed by Scientific Services Laboratories (Cape Town, S.A.).

Work comprising the Phase 1 Exploration Program is being conducted by Remote Exploration Services (“RES”) of Cape Town, S.A. under the direction of C. Ocker on behalf of the joint venture partners. RES has been conducting field programs for the Company on the Fingoe Regional Gold Project from the initiation of the program in 2006. The Project is being managed on behalf of the Company by Senior Consulting Geologist Mr. Pete Siegfried (M.Sc., MAusIMM), a qualified person, who has reviewed and approved the contents of this Press Release. All sample results presented in this Press Release have been analyzed by Scientific Services Laboratories (Cape Town) and submitted under the guidance of Mr. Siegfried. Overall sampling and laboratory protocols are overseen by Mr. Ardito Martohardjono, a Director, who manages the Company’s laboratory services. A site visit is scheduled in the near future by Dr. Peter Christopher, P.Eng. of Vancouver, who is preparing a Technical Report on the Project in accordance with N.I. 43-101.

According to Irwin Olian, CEO of the Company, “Further sample results from the King Solomon Project are proving to be consistent with the initial results, pointing to the potential presence of a large regional gold-bearing poylmetallic system. The King Solomon Project is now the focal point for our work on Mozambique’s Fingoe Belt through various joint ventures. Our exploration work is accelerating.”

About African-Queen

The Company is an exploratory resource company with diversified mineral properties in Southern Africa. It is exploring its properties in Botswana and Namibia for diamonds, and it is exploring its properties in Mozambique for gold and other metals. The Company's licences in Botswana and Namibia comprise approximately 11,800 sq km of diamond prospects. In Mozambique it has approximately 1689 sq km of gold and other metals licences under agreements with three other companies. Its operations in Botswana are carried out through its operating subsidiary, PAM Botswana (Pty) Ltd.; its operations in Namibia are carried out through its operating subsidiary PAM Minerals Namibia (Pty) Ltd.; and its operations in Mozambique are carried out through its subsidiary PAM Mocambique Limitada. The Company has its executive offices in Vancouver, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN QUEEN MINES, LTD.

“Irwin Olian”
Irwin Olian
Chairman & CEO

For more information, contact:

Irwin Olian
President and CEO
E-mail: tigertail@africanqueenmines.com
Phone: (604) 899-0100
Fax: (604) 899-0200

Carrie Howes
Corporate Communications
Email: carrie@totumos.com
Phone:
Düsseldorf +49 (0) 1722 1234 47
London - +44 (0) 7780 602 788
 


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

 

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LATEST RESULTS INCLUDE 6.02 m of 1.09% Cu, 0.88 g/t Au and 18 g/t Ag 01/21/11 - Ghana Ministry Consents to Transfer of Noyem License from Newmont to African Queen 12/03/10 - African Queen Completes Second Tranche of $3.284 Million Private Placement 11/01/10 - African Queen CLOSES $2.04 Million First Tranche of Private Placement 10/25/10 - African Queen Mines Completes Airbourne Geophysical Survey and First Phase of Ground Exploration at Rongo Gold Field Project in Kenya's Lake Victoria Greenstone Belt 10/18/10 - African Queen Announces Private Placement 10/04/10 -Initial Discovery Holes at African Queen's King Solomon Project Reveal Significant Copper, Gold and Silver Mineralization and suggest Robust Polymetallic Sysytem: Results Include 7.73 m of 1.51% Cu, 1.32 g/t Au and 27.6 g/t Ag 09/20/10 - African Queen Mines Reports 5-Year Extension of the King Solomon Prospecting License 08/12/10 - African Queen Mines Commences Airbourne Geophysical Survey at Rongo Gold Field Project in Kenya's Lake Victoria Greenestone Belt 07/19/10 - African Queen Mines Commences Field Exploration at Rongo Gold Field Project in Kenya's Lake Victoria Greenestone Belt 06/28/10 - African Queen Mines Commences Core Drilling at King Solomon Project in Mozambique; Recent IP Survey Confirms Prospectivity 06/25/10 - African Queen Mines Hires Gregory Nowak as Ghana Country Manager and Noyem Project Manager 05/17/10 - African Queen Mines Signs Earn-In and JV Agreement for Rongo Gold Pield Project in Kenya's Lake Victoria Greenstone Belt 03/23/10 - African Queen Receives 43-101 Report on King Solomon Gold Project 03/06/10 - African Queen Pares Down Exploration Portfolio by Dropping Manica Fingoe Project in Mozambique and Okavango Diamond Project in Botswana 03/03/10 - Regional Soil Sampling Results from King Solomon Project Confirm Prospectivity and Set Stage for Upcoming Core Drill Program on Ket Targets 01/11/10 - Chip Samples from Independent Study of African Queen's King Soloman Project Confirm the Company's Prior Findings and Point to Prospectivity 12/23/09 - African Queen Closes $2.36 Million Private Placement 11/27/09 - African Queen Announces Private Placement 11/18/09 - GEOPHYSICS DATA FROM GROUND MAGNETIC SURVEY AT KING SOLOMON GOLD PROJECT REVEAL STRONG ANOMALIES ASSOCIATED WITH PRIOR ROCK SAMPLES; CONFIRM POTENTIAL FOR HOSTING LARGE-SCALE MINERALISATION 10/19/09 - AFRICAN QUEEN SIGNS EARN-IN AND JV AGREEMENT WITH AKAN FOR KEY NOYEM GOLD PROJECT IN GHANA’S ASHANTI BELT; LICENSE BEING ACQUIRED FROM NEWMONT UNDER SEPARATE AGREEMENT 10/14/09 - FURTHER ROBUST ROCK SAMPLES FROM AFRICAN QUEEN’S KING SOLOMON PROJECT CONSISTENT WITH INITIAL RESULTS; CONFIRM POTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SYSTEM 09/17/09 - INITIAL ROCK SAMPLES FROM AFRICAN QUEEN'S KING SOLOMON PROJECT IN MOZAMBIQUE INDICATE PROTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SKARN SYSTEM 07/13/09 - AFRICAN QUEEN SIGNS EARN-IN AND JOINT VENTURE AGREEMENT WITH OPTI METAL TRADING COVERING KEY ZONE AT FINGOE REGIONAL GOLD PROJECT IN MOZAMBIQUE 05/25/09 - AFRICAN QUEEN'S FOLLOW-UP FIELD PROGRAM NOW UNDERWAY AT FINGOE GOLD PROJECT IN MOZAMBIQUE 05/15/09 - AFRICAN QUEEN COMPLETES $1.278 MILLION PRIVATE PLACEMENT 04/20/09 - AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT 03/24/09 - AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT 03/04/09 - CORE DRILLING COMMENCES ON AFRICAN QUEEN’S OK41 AT OKAVANGO DIAMOND PROJECT IN BOTSWANA 02/24/09 - AFRICAN QUEEN ABANDONS CAZULA PROJECT IN MOZAMBIQUE TO FOCUS ON HIGHLY PROSPECTIVE FINGOE BELT GOLD PROJECT 02/20/09 - AFRICAN QUEEN ACCELERATING WORK PROGRAM ON KEY GOLD TARGETS IN MOZAMBIQUE’S FINGOE BELT AS A RESULT OF FAVORABLE SAMPLING RESULTS 02/05/09 - AFRICAN QUEEN EXECUTES CONTRACT FOR CORE DRILLING AT ITS OKAVANGO DIAMOND PROJECT IN BOTSWANA; MOBILIZATION UNDERWAY 01/23/09 - AFRICAN QUEEN MINES ENGAGES CARRIE HOWES FOR INVESTOR RELATIONS TEAM 12/27/08 - AFRICAN QUEEN MINES ABANDONS BRAGANZA GOLD PROJECT IN MOZAMBIQUE TO FOCUS ON PRIORITY TARGETS 12/16/08 - AFRICAN QUEEN MINES COMMENCES TRADING ON THE FRANKFURT STOCK EXCHANGE 12/15/08 - AFRICAN QUEEN MINES’ SAMPLING YIELDS G10 GARNETS AND OTHER KIMBERLITIC INDICATORS OVER KEY DIAMOND TARGETS ON ITS OKAVANGO PROJECT IN BOTSWANA 12/02/08 - Irwin Olian Announces Filing of Additional Early Warning Report 12/01/08 - African Queen Mines Ltd. - Grants Stock Options 11/19/08 - African Queen Mines Ltd. - Grants Stock Options 11/04/08 - Irwin Olian Announces Filing of Additional Early Warning Report 10/27/08 - Irwin Olian Announces Filing of Early Warning Report 10/15/08 - AFRICAN QUEEN MINES LTD. - COMMENCES TRADING 06/27/08 - ACQUISITION OF PAN AFRICAN MINING CORP. BY ASIA THAI MINING CO., LTD. CLOSED TODAY IN ACCORDANCE WITH PLAN OF ARRANGEMENT
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Contact Information For investment information please contact our investor relations group.

Marketing Director - Canada
Lee Dunston
(604) 899-0100 ext. 5
lee@africanqueenmines.com

Corporate Communications, Europe
Carrie Howes
London: +44 7780 602 788
Dubai: +971 55 997 0427
carrie@africanqueenmines.com

 
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