Democratic Republic of Congo

The focus in the DRC during 2007 was to move out of the reconnaissance phase into high-interest target areas.

Using a delicate device to take ground gravity readings in the DRC

Using a delicate device to take ground gravity readings in the DRC

In so doing, the large ground holdings portfolio has now been significantly reduced to ~12,500km².

The main area of focus is the SKD joint venture with Miniere du Bakwanga (MIBA) in the ground surrounding the Mbuji-Mayi diamond mines.

Commissioning of  the Dense Media Separation (DMS) plant and large diameter drill is expected to be completed by mid-2008, whereafter drill bulk sampling and treatment of the kimberlite will be conducted.

Holdings:  12 500km2

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