September 12, 2007 No mining activity was currently taking place following the decision in March to temporarily cease activity. Some 114,000 tonnes of ore were mined to the end of March. Exploration to the east has shown disappointing results with intersects for copper being below an economic mining cut-off. Consequently, exploration has focused on the western end of Kananga, of which part of the deposit has been mined out by
Gécamines and latterly by DCP. Based on the current drilling campaign, Snowden estimate that the remaining Inferred Mineral Resource is 4 million tonnes at 1.44% copper and 0.74% cobalt. Additional drill holes have been completed but await assay due to our focus on Tilwezembe.
May 25, 2007 Announced initial exploration drill results. Hole KNGW03 - 11.3m @ 0.99% Co and 2.04% Cu from 26m.