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Cours Or & Argent

African Aura Resources

Publié le 20 août 2009

Continued Positive Gold Grades At Batouri Project In Cameroon

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Re:        News - Thursday, August 20, 2009
Title:     Continued Positive Gold Grades At Batouri Project In Cameroon


NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES

20 August, 2009
TSX-V: AAZ

Toronto, (20 August, 2009) - African Aura Resources Ltd. ("African Aura" or the "Company", TSX-V: AAZ), an exploration company with gold, iron ore and uranium exploration activities in sub-Saharan Africa, announces that it has received further positive assay results from the remaining drill holes of the recent infill phase of drilling at the Kambele prospect within the Company's 100% owned Batouri gold project in eastern Cameroon.

  • Latest Kambele drill intersections include:
    • 44.55 g/t Au over 1.5m
    • 8.86 g/t Au over 6.8m
    • 23.25 g/t Au over 1m
    • 8.26 g/t Au over 2m
    • 14.18 g/t Au over 1m
    • 13.45 g/t Au over 1m
  • Further confirmation of multiple shallow dipping gold-in-quartz zones
  • Maiden resource estimate to be undertaken


John Gray, Chief Executive Officer, commented:
"These results include further highly significant gold intercepts giving added confidence to the preliminary interpretation which allows us to project at least two shallow dipping (-20�) gold-mineralised structures along 500m of strike length, down 700m of dip and which remains open at depth to the north. The surface trace is presently the focus of intense artisanal gold mining with over 100 pits mapped down to 30m depth focussed on an area 600m by 600m. The Company is presently in the process of appointing an independent consultant to undertake a maiden resource estimate which will also provide data for targeting the structure at depth."

Kambele Gold Prospect
The Company has received assay results from the final nine drill holes from the recently concluded second phase of drilling at the Kambele gold prospect, located within the Company's 100% owned Batouri Gold Project in eastern Cameroon. This second phase of drilling comprised 25 holes and was completed using the Company's two in-house operated drill rigs. The programme was designed to define an initial resource estimate on the Kambele prospect and comprised five fences on a 100m step-out grid to a maximum drilled depth of 140m across an area which has been intensively worked by hard rock artisanal gold miners to depths down to 30m.

Drilling to date at the Kambele prospect indicates the presence of two or more, sub-horizontal, sub-parallel gold mineralised zones with a maximum width of 10m thickness containing quartz veins and stringers, dipping 15-20 degrees towards north. The potential aerial extent of this target is at least 500m by 700m and remains open down dip to the north. Company geologists have recorded visible gold in 25 out of 44 holes drilled to date at Kambele where the gold is associated with a specific generation of quartz veins and stringers that can be reliably targeted in future drilling programmes (Table 1 and news releases dated July 6th and 22nd, 2009 & updated maps and sections at www.african-aura.com).

Table 1 Assay results from the Phase-2 drill programme at Kambele

Hole ID

From

To

Intercept (m)

Gold (g/t)

KBDD076A

0

3.6

3.6

0.56

 

29.1

30.6

1.5

1.13

 

39.6

43.6

4

0.91

 

71

72

1

1

 

74

75

1

0.5

 

88

89

1

0.58

KBDD076B

0

4

4

1.39

 

14.5

19

4.5

4.15

 

22

23.5

1.5

44.55

 

26.5

28

1.5

0.82

 

32.5

39.3

6.8

8.86

KBDD083

77

78

1

1.5

KBDD084

42.5

43.5

1

0.52

 

57

59

2

2.12

 

74

75

1

13.45

 

112

114

2

1.56

 

129

130

1

23.25

 

140.5

141.5

1

14.18

 

146

148

2

3.38

KBDD085

 

 

 

NSR

KBDD086

0

2

2

1.21

 

27.5

29

1.5

0.53

KBDD087

122

124

2

4.87

KBDD088

49.5

50.5

1

1.19

 

73.5

74.5

1

3.27

 

124.5

125.5

1

0.53

 

128.5

129.5

1

6.89

KBDD089

53

55

2

8.26


Notes:

  • KBDD76A is a redrill of KBDD74 which recorded poor recovery
  • KBDD76B is a redrill of KBDD76 which included 4.75m core loss and, between 29-38m,
  • intersected 1.58g/t over 1.5m Au, 24.71g/t Au over 1m, 10.21g/t Au over 1.75m.
  • NSR = No significant result.
  • Intersections based on 0.5g/t Au cut-off. No top cut applied. Maximum 2m internal waste.



For the complete news release please click on the link below


Associated File: http://www.african-aura.com/i/pdf/2009News/AAR NR 09-20 KAMBELE 20 Aug 09.pdf

85 KB in size, approx. 17 seconds to download at 56.6Kbps


 

African Aura Resources

CODE : AAZ.V
ISIN : VGG0130C1095
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African Ara Res. est une société d’exploration minière basée au Royaume-Uni.

African Ara Res. est cotée au Canada et au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 3,3 millions CA$ (2,6 millions US$, 2,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 21 novembre 2008 à 0,03 CA$, et son plus haut niveau récent le 07 juin 2013 à 0,75 CA$.

African Ara Res. possède 32 630 002 actions en circulation.

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Rapports Financiers de African Aura Resources
30/11/2009Publication of Third Quarter 2009 Financials
Projets de African Aura Resources
20/08/2009(Batouri)Continued Positive Gold Grades At Batouri Project In Cameroo...
23/07/2009(Batouri)Further Positive Gold Grades at Batouri Project in Cameroon
06/07/2009(Batouri)Significant Gold structure at Batouri Project in Cameroon
09/03/2009(Nkout)to Drill Nkout Iron Ore Prospect in Cameroon
04/02/2009(Batouri)Progress Update Batouri Gold Project, Eastern Cameroon
03/12/2008(Batouri)Drilling Defines Priority Gold Target at Kambele in Cameroon
19/11/2008(Batouri)High Grades Intersected at Dimako gold prospect in Cameroon ...
11/11/2008Drilling continues to intercept high grade gold
09/09/2008(Batouri)High grade gold assays from drilling at Kambele Project, Bat...
Communiqués de Presse de African Aura Resources
03/11/2009Directors' Share Dealing
14/10/2009Completion of Merger, Share Consolidation, Name Change, De-L...
21/10/2009Directors' Share Dealing
22/09/2009RECEIVES SHAREHOLDER APPROVAL OF MERGER WITH MANO RIVER
07/07/2009Further encouraging iron results from Cameroon
11/06/2009Further Encouraging Results from Nkout Iron Project
20/02/2009Board Unanimously Recommends Shareholders REJECT Northern's ...
19/01/2009ENCOURAGING RESULTS FROM NKOUT IRON ORE PROSPECT IN CAMEROON
05/11/2008Publication of year end financials
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