30 Jun 2010 07:00
Sable Mining Africa Ltd/ Index: AIM / Epic: SBLM / Sector: Natural Resources
30 June 2010
Sable Mining Africa Limited ('Sable Mining' or 'the Company')
136 million tonnes defined at Limpopo Coal Project
Sable Mining Africa Ltd, the AIM listed resource company, is pleased to announce that, following the completion by Delta Mining Consolidated Ltd ('DMC') of the 53 hole first phase drilling programme on DMC's 3,445 hectare Southern block of the 9,548 hectare Limpopo Coal Project in the Limpopo Province of South Africa, an indicated coal resource of 136 million gross tonnes in situ has been estimated on the licence prepared in accordance with the requirements of the SAMREC Code.
The first phase exploration programme comprised a total of 9,628.59m drilled on the Southern Block. Coal seams were encountered at depths varying from 65m up to 287m, with seam thickness varying from 5.2m to 0.5m. Coal seams encountered included the top, middle upper, middle lower and bottom seams. Importantly, the initial tests indicated a free swelling index of above 5, serving as an indicator of a soft coking coal product.
The currently unexplored Northern Block of Limpopo Coal Project is contiguous to Coal of Africa Limited's Vele coal project, which has recently been granted a mining licence by the Department of Minerals & Energy in South Africa. DMC is not currently drilling the Northern Block as part of its exploration programme.
Sable Mining CEO Andrew Groves said, "These results emphasise the potential in the Southern area of the exploration permit and its suitability for development. DMC is now evaluating its strategy on this concession in order to ascertain how best to collateralise this resource and place it in the context of its South African development strategy of building a portfolio of defined and producing coal assets."
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For further information please visit www.sablemining.com or contact:
| Andrew Groves | Sable Mining Africa Ltd | Tel: 020 7408 9200 |
| Jonathan Wright | Seymour Pierce Ltd | Tel: 020 7107 8000 |
| Stephen Mischler | Matrix Corporate Capital | Tel: 020 3206 7000 |
| Hugo de Salis | St Brides Media & Finance Ltd | Tel: 020 7236 1177 |
| Susie Callear | St Brides Media & Finance Ltd | Tel: 020 7236 1177 |
Notes:
The above information has been reviewed and verified by Jac le Roux, Consultant for DMC for the purposes of the Guidance Note for Mining, Oil and Gas Companies issued by the London Stock Exchange in March 2006. Jac le Roux B.Sc M.Sc (Reg. No. 400036/90) is a Competent Person as defined by various international instruments and takes responsibility for the release of this information.
The free swelling index ('FSA') is a test for measuring the free-swelling properties of coal; consists of heating 1 gram of pulverized coal in a silica crucible over a gas flame under prescribed conditions to form a coke button, the size and shape of which are then compared with a series of standard profiles numbered 1 to 9 in increasing order of swelling. A coal that shows a high FSI (say over 5) is likely to be useful as a coking coal, provided ash, sulphur, phosphorus etc. are low enough to be suitable.