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.
If
you do not reply, we will continue sending you relevant news and information
via email. However, all future emails will allow you to unsubscribe.
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