February 2010 Vol 3, Mining and Industry Indaba
African Consolidated to Begin Magnetic Survey in Zimbabwe to Detect Buried Kimberlite Bodies
A combination of African Consolidated Resources Plc’s historical diamond database and recent regional exploration has defined two broad areas containing significant clusters of kimberlite indicator minerals.
A combination of African Consolidated Resources Plc’s historical diamond database and recent regional exploration has defined two broad areas containing significant clusters of kimberlite indicator minerals.
This month 10,000 line kilometres of aeromagnetics and radiometrics will be flown over these areas to detect buried kimberlite bodies.
“With a highly prospective multi mineral portfolio of projects, a defined and active development plan, a strong treasury, near term production from our gold tailings project and significant political progress in Zimbabwe, highlighted by returning foreign investment, we are extremely excited about the potential of ACR. We have been operating in Zimbabwe for many years and are positioned well to develop the huge and recognised mineral potential of Zimbabwe,’ says Andrew Cranswick,CEO of African Consolidated Resources Plc, the AIM listed resource company focused in Zimbabwe.
