Aviva Corporate Ltd

Published : May 09th, 2007

BOTSWANA PROSPECTING LICENSE GRANTED

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ASX AND MEDIA ANNOUNCEMENT

 

09 May 2007                                                                                       ELS   32 2007

 

 

BOTSWANA PROSPECTING LICENSE GRANTED

 

 

Aviva Corporation Limited (ASX:AVA) is pleased to advise that the Mmamantswe Prospecting License, positioned between the major infrastructure corridor of Botswana and the South African border, has been granted.

 

Joint Venture partner, Mawana Minerals (Pty) Ltd (Mawana), has advised the original application area has been extended to the South African border and two adjoining tenements, (Prospecting License Numbers 069-070/2007) covering 1830 square kilometres have been granted.

 

Aviva has already commenced field reconnaissance and successfully located exploration drilling conducted by BP Coal. A drilling program is planned to commence in the June 2007 quarter.

 

The Mmamantswe Coal Project tenement area is close to existing infrastructure. Rail, power and highway links to Gabarone and South Africa pass within 30km of the coal deposit.

 

The Botswana Department of Geological Survey has published an inventory of 598Mt of coal within the tenement and puts the potential of the area at more than two billion tonnes. Aviva believes a target of 600 million tonnes is realistic.

 

Aviva and Mawana have entered into an agreement whereby Aviva will spend $US0.5M over 18 months upon which Mawana will grant it an option to earn a 90% Joint Venture interest in the project by completing a Bankable Feasibility Study.

 

 

For further information, please call:

 

Lindsay Reed                                                 Robert Kirtlan

Aviva                                                              Aviva

Chief Executive Officer                                Director

Tel: +61 (0) 8 9367 2344                               Tel: +61 (0) 8 9367 2344

 

Issued by:

 

Warrick Hazeldine

Purple Communications

Tel: +61 (0) 8 9485 1254   Mob: 0417 944 616

 

 

ABOUT AVIVA

 

Aviva is listed on the Australian Stock Exchange with its head office in Perth. The company is growing a portfolio of energy assets. Aviva’s most advanced asset is the Central West Project in the Mid West region of Western Australia.

 

The Central West project is ideally located in the northern half of the SWIS power grid to take advantage of demand growth both in the SWIS and from new resource projects in the Mid West. The location has the advantage of low cost fuel, available water, adjacent infrastructure, existing mining lease and freehold land.

 

Aviva and ERM Power are jointly studying the commercial and technical merit of a 400MW baseload power station in the Mid West. ERM is an energy solution specialist, electricity generation developer and wholesale electricity supplier with a proven track record in the deregulated electricity industry in Australia.

 

Please visit: www.avivacorp.com.au

 

 ***

The new Spam Act commenced on 10 April 2004. This Act is aimed at reducing the amount of unauthorised emails you receive.  You have been receiving e-mails containing information and news releases from us on behalf of our clients because you are an important contact of Purple Communications, a boutique stakeholder communications consultancy.   If you do not wish to receive such emails from Purple, please click mailto: purple@purplecom.com.au subject=UNSUBSCRIBE or reply to this email and put UNSUBSCRIBE in the subject line and we will not email you again.

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Issued by

Purple Communications

Level 3, 28 Kings Park Road, WEST PERTH WA 6005

Ph: 08 9485 1254     Fax: 08 6263 0455

purple@purplecom.com.au

 

Aviva Corporate Ltd

CODE : AVA.AX
ISIN : AU000000AVA9
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AVIVA is a development stage company based in Australia.

AVIVA holds various exploration projects in Botswana.

Its main exploration property is MMAMANTSE in Botswana.

Your feedback is appreciated, please leave a comment or rate this article.
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Annual reports of Aviva Corporate Ltd
Annual Report 2007
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11/14/2007 APPOINTS CITI AS ADVISOR
6/14/2007Appoints PB Power
5/22/2007Appoints energy specialist Mark Chatfield
Project news of Aviva Corporate Ltd
8/11/2009(Mmamantse)Combustion Tests Positive for Mmamantswe Power
4/4/2008(Mmamantse) Drilling for reserve upgrade at Mmamantswe
Corporate news of Aviva Corporate Ltd
7/24/2012Advance Gold's Partner, Aviva, to Sell Aviva Mining Kenya to...
10/14/2009Synergy Supply Procurement 2009
8/3/2009Welcomes State Government Support for Critical 330KV Transmi...
5/15/2009WA Defers Critical Midwest Energy Infrastructure
2/27/2009Study Identifies Carbon Geosequestration Potential in WA's N...
9/19/2008(ASX:AVA) Mmamantswe Milestones Achieved
9/12/2008(ASX:AVA) Submits Eskom RFQ Proposal
6/19/2008(ASX:AVA) Power EOI Submitted to Eskom
6/10/2008and Arc Energy Partner in Mid West Sequestration Study
5/14/2008Welcomes Mid West Energy Infrastructure Investment
3/27/2008 TONY IANNELLO APPOINTED CHAIRMAN
2/7/2008announces a coal resource of over one billion tonnes at Mmam...
1/10/2008MINISTER CONFIRMS ASSESSMENT LEVEL FOR COOLIMBA POWER PROJEC...
11/28/2007BOTSWANA STOCK EXCHANGE LISTING
11/21/2007POSITIVE ENGINEERING STUDY FOR COOLIMBA POWER
10/26/2007 COOLIMBA TO POWER THE MID WEST
9/18/2007BOOSTS EXECUTIVE TEAM
5/9/2007BOTSWANA PROSPECTING LICENSE GRANTED
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