11 Oct 2010 07:00
Sable Mining Africa Ltd/ Index: AIM / Epic: SBLM / Sector: Natural Resources
11 October 2010
Sable Mining Africa Limited ('Sable Mining' or 'the Company')
Dukwe Coal Project in Botswana
Sable Mining, the AIM listed resource company, is pleased to announce a positive update on the 628 sq km Dukwe Coal Project ('Dukwe'), one of the six Prospecting Licence areas covering 4,625 sq km in north eastern Botswana, controlled by Delta Mining Consolidated Ltd ('DMC') through its 70% interest in Ashante Coal (pty) Ltd. The Dukwe licence has been prioritised following a regional airborne magnetic reconnaissance programme which indicated that the property is underlain by significantly thick and shallow (to the east) carbonaceous sequences.
Exploration on the Dukwe project area has now commenced and ten boreholes have been completed on the property. The carbonaceous sequence has been intersected, with thickness varying from 11m to 60m. Approximately 200 samples have already been submitted to Witlab (pty) Ltd, a leading coal analytics service provider in South Africa, for analysis. The results and their interpretation will form the basis for the creation of a regional geological model and will determine the ongoing exploration work.
Sable Mining CEO Andrew Groves said, "The exploration of the Dukwe Coal Project is progressing and is a further addition to DMC's portfolio, which includes the Rietkuil Coal Project in South Africa where the Bankable Feasibility Study is on track for completion by the end of the year. Early signs of the prospectivity of the Dukwe Coal Project have been positive and we look forward to reporting further regarding the laboratory results and the development programme."
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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 |
| Robin Henshall | 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 |