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Property NewsMarch 24, 2011 Malagasy Minerals provided latest results from its 100%-owned Fotadrevo, Vohibory and Ampanihy Projects located in southern Madagascar. Figure 1: Updated summary plan of massive sulphide gossans in the West and East Gossan Zones at the northern Ampanihy (AMP-I) project area. October 28, 2010 Malagasy Minerals announced results of the drilling program at Ampanihy project located in southern Madagascar. Highlights include hole IPC0001 which intersected 2.0 m of 0.11% nickel and 0.07% copper, 0.04% cobalt and 15 ppb palladium from 135.0 m. A total of 15 holes for 1,840 m are planned as part of the Phase 1 programme to test the gossan system. Figure 1: Summary plan of massive sulphide gossans in the West and East Gossan Zones at the northern Ampanihy July 26, 2010 Malagasy Minerals Ltd announced the receipt of initial assays for the June 2010 gossan grab-sample sampling program at the Company’s 100%-owned Ampanihy Nickel-Copper PGE Project in southern Madagascar. Gossans at AMC-49 returned assays of 0.18% copper, 0.07% nickel, 286ppm cobalt, 13ppb platinum+palladium and 96ppb gold. |
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