Metals of Africa Limited (ASX: MTA) – $0.098 (-2%)
07 Apr 2015
Metals of Africa Limited (ASX: MTA) has received assay results of high grade lead and zinc grades from its ongoing exploration program at the Kroussou Project located in Gabon (Figure 1).
Figure 1. Location of Kroussou Lead Zinc Project
Grades of up to 9.69% zinc and 33.10% lead with elevated copper and silver have been returned from the first batch of rock samples taken from a rock chip sampling program of surface outcrop at the Kroussou Project in October 2014.
The company has also discovered additional outcropping zinc and lead prospects over a distance of more than 50km. Laboratory results for samples from this exploration program are expected in May 2015.
The company has completed a detailed mapping program at the Kroussou Project. The mapping program was focussed on identifying the Cretaceous geological contact over the 85km length of the Kroussou tenement. The program was also aimed at identifying additional prospective lead-zinc mineralisation within the project area. Results of this program will be reported in due course.
For further information, visit www.metalsofafrica.com.au
Resources Stocks to Watch (RSTW) is the leader in research on over 680 ASX listed micro to small-cap mining stocks and commodities. We are independent and do not accept commissions. We tell it like it is. Our reports are researched by experienced geologists and resources analysts, the experts in the field.