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AURORA - PAN PALLADIUM

Cu
3.30
USD/lb
-0.73
red
Data as of May 20, 2013 12:00AM UTC
Ni
6.74
USD/lb
-0.03
red
Data as of May 20, 2013 12:00AM UTC
Pt
1,466.50
USD/oz
0.07
green
Data as of May 22, 2013 09:59AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Limpopo, South Africa
                 65 km North of Mokopane

Commodities: Copper, Nickel, Platinum
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Latest Information
May 8, 2009
SA Metals Limited has commenced drilling on its Aurora project on the Northern Limb of the Bushveld Complex. The drilling programme is aimed at exploring the Iron (Fe), Vanadium (V) and Titanium (Ti) potential resulting from the initial grab sampling exercise that indicated: - Fe2O3 ranged from 73.4% to 76.4%. (approximately 52% Fe equivalent) - V2O5 ranged from 0.72% to 1.03%. - TiO2 ranged from 16.3% to 19.2%.
April 30, 2008
Reported that aeromagnetic survey interpretation indicates that there is approximately 6km of strike of the Main Magnetite Layer on Nonnenwerth. In addition to the Main Magnetite Layer, there are several parallel magnetite layers underlying the property indicated by the survey.
December 31, 2007
Reported that preliminary exploration of the magnetite layers of the Upper Zone of the Bushveld Complex, carried out during the quarter on the Nonnenwerth property shows favourable vanadium, iron ore and titanium potential. Outcrop of the magnetite layers is poor in a generally sand covered terrain and limited largely to magnetite rubble zones indicating the underlying magnetite layers. Grab sampling of the available magnetite rubble zones on traverses across the regional strike was undertaken.

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