News & Articles >Chip Samples from Independent Study of African Queen's King Soloman Project Confirm the Company's Prior Findings and Point to Prospectivity
News & Articles

January 11, 2010

CHIP SAMPLES FROM INDEPENDENT STUDY OF AFRICAN QUEEN’S KING SOLOMON PROJECT CONFIRM THE COMPANY’S PRIOR FINDINGS AND POINT TO PROSPECTIVITY

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce receipt from Dr. Peter A. Christopher, P.Eng., of PAC Geological Consulting Inc. (“PAC”), of assay results of the 7 chip samples independently taken by PAC on its recent site visit to the project area in conjunction with preparation of its initial Technical Report on the project in accordance with N.I. 43-101. The samples, which include one gold value as high as 41 g/t au, copper values as high as 6% cu, zinc values as high as 12% zn, as well as strong silver credits, corroborate the results of the Company’s own grab rock samples previously announced in its prior Press Releases dated September 17, 2009 and October 14, 2009, and confirm prospectivity of the three main target zones at King Solomon. The assay results of the chip samples are set forth in tabular form below: Table of Verification Chip Samples Taken by PAC Geological Consulting Inc.

Sample
Id. No.

UTM E/N

Type

Width (m.)

Au
g/t

Cu
%

Ag
g/t

Comments

Eiland Prospect

178916

327241E
8298414N

Chip

0.6

41.97

1.668

50.5

Shear Z. gabbro to S. & Lms. To N. QV + cpy/mal; El. 775m

Kazito Prospect

178917

329997E
8299358N

Chip

0.6

5.30

1.705

17.4

also 12.92% Zn; Bi 142.7ppm; El. 775m 

Mankombiti Prospect

178911

327058E
8295433N

Chip

0.4

1.06

6.734

22.7

Magnetite + Mal. In sheared granite (East)

Sample
Id. No.

UTM E/N

Type

Width (m.)

Au
g/t

Cu
%

Ag
g/t

Comments

Mankombiti Prospect (continued)

178912

326354E
8295232N

Chip

0.7

0.24

3.296

2.5

Massive Magnetite + Mal. (West)

178913

326313E
8295207N

Chip

2.0

0.46

0.670

0.5

*Trench 0-2m from N. (West)

178914

326313E
8295207N

Chip

2.0

1.16

1.291

6.5

*Trench 2-4m Bi 374.7ppm

178915

326335E
8295200N

Chip

1.0

0.33

0.518

1.2

Adjacent to decline Bi 223.7ppm

  1. 17913 & 17914 adjacent samples averaging 0.981 %Cu and 0.81g/t Au over 4.0m.  
  2. Gold was analyzed by fire assay fusion of 30g with ICP-ES finish (Acme method 3B); >10,000ppb Au (10 g/t Au) rerun of 30g with fire assay start and gravimetric finish (Acme method G6 Grav); Copper, Silver and other analyses by Aqua Regia Digestion-ICP-MS finish (Acme method 1DX) with over limit >10,000ppm Cu and Zn by Aqua Regia Digestion-ICP-ES finish (Acme method 7AR).

 In keeping with the Company’s policy of meeting or exceeding industry best practice standards, PAC was retained to conduct an independent Qualified Person’s site examination and prepare an N.I. 43-101 compliant Technical Report. Such report will be filed on SEDAR when it is completed an available to the Company.  The tabulation of PAC’s samples provides verification of the high gold, copper and zinc grades as well as silver credits previously obtained and reported by the Company’s exploration team at the King Solomon Project.  Referee samples were collected and secured by the independent QP and submitted to a certified laboratory, Acme Analytical Laboratories Ltd. in Vancouver, B.C. Canada for analysis. Analytical quality control was assured by Acme through use of blank, standard and rerun samples.

The three key target areas, Mankombiti, Eiland and Kazito, have revealed the most anomalous sample results as well as strong geophysical characteristics, and will be the focus of the Phase 2 core drilling program set to commence as soon as practicable.  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 license 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.

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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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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