Announced new order prospecting rights to Anooraq Resources Corp. for the farms Rietfontein 2 KS, Malokongskop 780 LR and Drenthe 778 LR, which are a portion of its properties on the northern limb of the Bushveld complex.
August 25, 2005
Announced further results of ongoig drilling at the Drenthe platinum group metals (PGM) and nickel deposit. The results from the infill core drilling program have confirmed the continuity of the mineralization within the Drenthe platinum group metals and nickel deposit. Highlights from the recent results include: 90.0 m grading 1.67 g/t 3PGM (Pt+Pd+Au), 0.19% Ni and 0.12% Cu in hole PR-318, 48.0 m grading 1.47 g/t 3PGM, 0.15% Ni and 0.08% Cu in hole PR-334; and 54.2 m grading 1.63 g/t 3PGM, 0.21% Ni and 0.14% Cu in hole PR-350. The 2005 infill drilling program focused on the Drenthe deposit, testing the mineralization on a 50 by 50 m grid pattern in order to define measured mineral resources and advance the project toward a Bankable Feasibility Study. One hundred and thirty six vertical holes, totaling 24,418.23 metres, were drilled from January to June 2005.
August 25, 2005
Anooraq Resources has announced further results of ongoig drilling at the Drenthe platinum group metals (PGM) and nickel deposit located in South Africa. The results from the infill core drilling program have confirmed the continuity of the mineralization within the Drenthe platinum group metals and nickel deposit. Highlights from the recent results include: 90.0 m grading 1.67 g/t 3PGM (Pt+Pd+Au), 0.19% Ni and 0.12% Cu in hole PR-318; 48.0 m grading 1.47 g/t 3PGM, 0.15% Ni and 0.08% Cu in hole PR-334; and 54.2 m grading 1.63 g/t 3PGM, 0.21% Ni and 0.14% Cu in hole PR-350. The 2005 infill drilling program focused on the Drenthe deposit, testing the mineralization on a 50 by 50 m grid pattern in order to define measured mineral resources and advance the project toward a Bankable Feasibility Study.
Research - Professional or Research - Advanced Subscriber Access Required
