News & Articles > INITIAL ROCK SAMPLES FROM AFRICAN QUEEN'S KING SOLOMON PROJECT IN MOZAMBIQUE INDICATE PROTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SKARN SYSTEM
News & Articles

September 17 , 2009

INITIAL ROCK SAMPLES FROM AFRICAN QUEEN'S KING SOLOMON PROJECT IN MOZAMBIQUE INDICATE PROTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SKARN SYSTEM

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that assay results have now been received from Acme Analytical Laboratories Ltd. (Vancouver) for the initial 23 grab rock samples collected as part of the Phase 1 exploration program on its King Solomon Project on the Fingoe Belt in western Tete Province, Mozambique. Of the 23 samples collected, 6 reported gold values > 3 g/t Au, 6 reported copper values > 3 % Cu, and 3 reported silver values > 50 ppm ag, with associated bismuth mineralization present in nearly all samples. The highest values obtained from any single sample were: 11.87 g/t Au, 3.67 % Cu, 56.3 ppm Ag, with 6.8 ppm Bi. The samples were collected from disparate outcroppings over a strike extent of approximately 10 km and are believed to represent fairly typical examples of the mineralization exposed. The gold values from the samples together with the exceptional values of associated copper, silver and bismuth mineralization indicate the potential for a sizable regional mineralizing system in the form of a polymetallic skarn-gold association. Additional detailed trench and soil sampling is presently being completed over a number of identified targets and will be analysed and reported as soon as available.

The King Solomon Project is located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique. These rocks consist of metavolcanics, metasediments and intrusive granitic rocks. All of the samples reported herein were taken from the license which is the subject of the Earn-in and Joint Venture Agreement dated July 10, 2009 (the "Agreement"), with Swiss-based Opti Metal Trading Limited ("Optimetal"), covering exploration, development and exploitation of Prospecting License No. 884L held by Optimetal's Mozambique subsidiary (the "License"). The License covers an area of approximately 230 km(2 )in the center of the Fingoe Belt, adjacent to permits which are the subject of existing earn-in and joint venture Agreements between the Company and Manica Minerals Ltd. and African Eagle Resources plc (AIM: AFE), respectively, covering an aggregate of 1359 sq.km.

Under the terms of the Agreement, the Company may earn up to an 85% interest in the License and related Project by funding prescribed stages from exploration through feasibility. Optimetal has the right to participate at its election pro-rata after the Company has reached 51% ownership interest. The Company is designated as manager and operator of the Project. By paying its 50% share of the Phase 1 costs estimated to be $300,000, the Company will earn a 25% interest in the Project.

The company has been exploring the Belt during the last three years through various joint ventures with existing license holders such as Manica Minerals and African Eagle Resources. In terms of the JV agreement with Optimetal, the Phase 1 exploration effort has been focused on the rock and soil sampling of a number of already defined target areas, as well as detailed mapping and trench sampling. The four target prospects identified within the license area are as follows:

Mankombiti Target: This is a malachite-bearing magnetite skarn developed on the contact of a calcite marble and granodioritic intrusive. Some of the copper values are highly significant (> 20% Cu). The recognition of the association of magnetite with the mineralisation led to the planning of a number of ground magnetic surveys over the various targets. At Mankombiti two parallel skarn zones have been mapped for about 2 km. and have been traced magnetically for over 5 km of strike. The zone appears to have a consistent 65o dip to the north and is offset by occasional east northeast trending faults. Further rock and trench samples have been collected from this area and are awaiting assay.

Ashwa North Target: This prospect was initially discovered from the air and appears as an open collapsed pit. It is presumed to represent a historic mine from the Portuguese or even earlier Arab times. Extensive collapse of the side walls masks any outcrop but the grab samples collected indicate gold to be present. At present the prospect is being trenched to source any outcropping or in-situ material.

Eiland Prospect: The highest gold (32 g/t) as well as significant copper values (19 % Cu) were located in this area. Mapping indicates that a malachite and tremolite-bearing, magnetite ironstone occurs at the contact of a gabbro intrusive and calcite limestones. It is intensely folded and much of the tremolite mineralisation may in fact be due to metasomatism. This contact zone can be mapped for over 800 meters and presently a number of 20 m trenches are being excavated along the gabbro-carbonate contact zone.

Kazito Prospect: This target is a continuation of the Makombiti contact zone towards the northeast. Historic mining is evidenced by the removal of all soil material from the karstified dip slope of the overlying marbles. The samples collected are from carbonate and gossanous veins near the contact with underlying granite. Of note is the recent identification of a gold bearing, late stage shear zone. Sample results are pending but rock samples were crushed and panned in camp to estimate gold grade. This mineralisation is associated with malachite and gossanous material.

The recognition of a large exoskarn setting exceeding 20 km in extent for this mineralisation is of fundamental importance for the potential for further discoveries within the area. The common and widespread occurrence of mineralisation at the contact of intrusive granite and gabbro bodies with limestones suggests the possibility of continuity at depth.

GRAB SAMPLE RESULTS FROM KING SOLOMON PROJECT, MOZAMBIQUE

 

SAMPLE

 

LOCALITY

Au (g/t)

Cu (%)

Ag (ppm)

Bi (ppm)

11-3-08L

Pedro

0.38

13.27

74

213.7

11-3-10L

Kazito

6.28

0.95

10

>2000.0

11-3-16L

Kazito

3.62

0.01

411

13.5

11-3-17L

Mankombiti

0.05

0.05

1.3

14.4

11-3-18L

Mankombiti

0.92

4.38

1.7

304.5

11-3-19L

Mankombiti

1.03

0.74

2.5

335.4

11-3-20L

Mankombiti

1.71

0.84

2.1

647.4

11-3-21L

Mankombiti

0.71

20.79

264

1389.5

11-3-22L

Mankombiti

0.05

0.65

8.8

57

11-3-23L

Mankombiti

0.12

0.05

0.4

5.1

11-3-24L

Ashwa North

0.41

0.05

2.9

652.5

11-3-25L

Ashwa North

0.00

0.97

0.4

2.9

11-3-29L

Eiland

<0.01

0.05

0.2

1.4

11-3-30L

Eiland

1.92

0.03

0.3

3.5

11-3-31L

Eiland

11.87

3.67

56.3

6.8

11-3-32L

Eiland

0.80

0.33

1.2

9.2

11-3-33L

Eiland

0.04

0.01

0.2

0.6

11-3-34L

Eiland

<0.01

0.01

<0.1

0.2

11-3-35F

Eiland

<0.01

19.6

<0.1

0.3

11-3-05L

Eiland

3.57

0.11

2.1

33

11-3-06L

Eiland

14.38

0.09

1.7

16.8

11-3-07L

Eiland

8.95

4.97

29.9

1965.7

11-3-29L

Eiland

<0.01

0.05

0.2

1.4

Note: This table includes the results of all 23 samples assayed by Acme Analytical Laboratories Ltd. (Vancouver).

The sample results presented indicate that polymetallic mineralisation should be expected along trend including anomalous Au, Zn, Ag, Cu, Pb, and importantly Bi. Bismuth is recognized as an important gold pathfinder and is a commonly associated element with skarn gold systems. The bismuth values recorded are noted to be a factor of 3 or 4 times global abundance Exceptional silver values were obtained from three of the grab samples.

Work comprising the Phase 1 Exploration Program is being conducted by Remote Exploration Services ("RES") of Cape Town, S.A. under the direction of C. Ocker on behalf of the joint venture partners. RES has been conducting field programs for the Company on the Fingoe Regional Gold Project from the initiation of the program in 2006. The Project is being managed on behalf of the Company by Senior Consulting Geologist Mr. Pete Siegfried (M.Sc., MAusIMM), a qualified person, who has reviewed and approved the contents of this Press Release. To date a total of 98 grab samples, 204 trench samples and 3,400 soil samples have been collected from the Project area and have now been submitted to laboratory. All sample results presented in this Press Release have been analyzed by Acme Analytical Laboratories Ltd. (Vancouver) and submitted under the guidance of Mr. Ardito Martohardjono, a Director, who manages the Company's laboratory services. A site visit is planned in the near future by Dr. Peter Christopher, P.Eng. of Vancouver, who is preparing a Technical Report on the Project in accordance with N.I. 43-101.

According to Irwin Olian, CEO of the Company, "We are very excited with the initial grab sample results being returned on our King Solomon Project, which has become the focal point for our work on Mozambique's Fingoe Belt through various joint ventures. Field work is ongoing and we are looking to accelerate exploration and move toward drilling as quickly as possible."

About African-Queen

The Company is an exploratory resource company with diversified mineral properties in Southern Africa. It is exploring its properties in Botswana and Namibia for diamonds, and it is exploring its properties in Mozambique for gold and other metals. The Company's licences in Botswana and Namibia comprise approximately 11,800 sq km of diamond prospects. In Mozambique it has approximately 1689 sq km of gold and other metals licences under agreements with three other companies. Its operations in Botswana are carried out through its operating subsidiary, PAM Botswana (Pty) Ltd.; its operations in Namibia are carried out through its operating subsidiary PAM Minerals Namibia (Pty) Ltd.; and its operations in Mozambique are carried out through its subsidiary PAM Mocambique Limitada. The Company has its executive offices in Vancouver, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN QUEEN MINES, LTD.

“Irwin Olian”
Irwin Olian
Chairman & CEO

For more information, contact:

Irwin Olian
President and CEO
E-mail: tigertail@africanqueenmines.com
Phone: (604) 899-0100
Fax: (604) 899-0200

Carrie Howes
Corporate Communications
Email: carrie@totumos.com
Phone:
Düsseldorf +49 (0) 1722 1234 47
London - +44 (0) 7780 602 788
 


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

 

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Lee Dunston
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lee@desertmountainenergy.com

Corporate Communications, Europe
Carrie Howes
London: +44 7780 602 788
Dubai: +971 55 997 0427
carrie@desertmountainenergy.com

 
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