KIW Kiwara

 

TIDMKIW 
 
RNS Number : 4566T 
Kiwara PLC 
08 June 2009 
 

JSE - KWR 
AIM - KIW 
ISIN - GB0007702953 
 
 
8th June 2009 
Kiwara plc 
 
 
("Kiwara" or the "Company") 
 
 
Drilling Update - Assay results continue to confirm the intersection of 
significant widths of copper mineralisation at Kalumbila 
 
 
 
 
The Board of Kiwara, the Zambian based exploration Company, is very pleased to 
announce further excellent results from its ongoing drilling programme on the 
Kalumbila base metals target. 
 
 
 
 
Highlights: 
  *  Three Bore Holes, L45, L49 and L52, show similar mineralisation to that 
  identified in the 24 previously reported core bore holes that the Company has 
  drilled at Kalumbila; 
  *  Bore hole L45 records three mineralised intersections showing copper ("Cu") 
  grades in excess of 1% Cu; 
  *  Bore Hole L49 has one intersection in excess of 2% Cu and one intersection in 
  excess of 1% Cu 
  *  Exploration is ongoing; 
  *  See table below for summary of bore hole assays. 
 
Colin Bird (Chairman) said: "The Company is pleased with these results since the 
frequency of intersection and consistency of grade will allow us to model the 
ore body over a large area. The Company will aggressively pursue its exploration 
programme at Kalumbila with the objective of developing a resource and 
proceeding to feasibility study." 
 
 
Kalumbila Drilling Update: 
Core Bore Hole L45 was drilled 7.3km west along strike from the currently 
determined north eastern end of the Kalumbila host unit, and was inclined at 
-70o. The upper mineralised package extends 46m from 8m below surface to 54m, 
with a weighted average grade of 0.55% Cu. This is the shallowest intersection 
so far made at Kalumbila and suggests the potential for further near to surface 
intersections up-dip of the Company's current bore holes. 
 
 
Core Bore Holes L49 and L52 were drilled 5.1km west along strike from the 
currently determined north eastern end of the Kalumbila host unit and were both 
inclined at -70o. L52 is 100m up-dip of L49. L49 has an upper mineralised 
package of 62.60m over 0.59% Cu from 31m. Both bore holes contain copper oxides 
in the upper mineralised intersections; L49 intersected 7.80m at 0.82% Acid 
Soluble Copper ("AsCu") from 31m and L52 intersected 5.50m at 0.50% AsCu from 
29.50m. 
 
 
 
 
Selected Results of L45, L49 and L52 
Applying a 0.30% Cu cut-off grade, the selected length weighted mineralised 
intersected widths for each of the three bore holes are summarised in the table 
below, which also includes the relative position, dip and orientation of each 
bore hole collar: 
 
 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|    B/H    |    Dip/     |  Km    |  Depth   |Depth   |Intersected  |Copper*  | 
|           |Orientation  |  west  |from (m)  |to (m)  |  width (m)  |    %    | 
|           |             |  on    |          |        |             |         | 
|           |             |Strike  |          |        |             |         | 
|           |             |  from  |          |        |             |         | 
|           |             |  NE    |          |        |             |         | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| L45       |  -70/180o   |  7.3   |  8.00    | 20.50  |    12.50    |  0.57   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| Including |             |        |  16.00   | 18.93  |    2.93     |  1.01   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  26.50   | 54.00  |    27.50    |  0.62   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| Including |             |        |  27.20   | 30.72  |    3.52     |  1.58   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  182.04  |201.75  |    19.71    |  0.71   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| Including |             |        |  182.04  |186.05  |    4.01     |  1.10   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |          |        |             |         | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| L49       |  -70/180o   |  5.1   |  31.00   | 51.00  |    20.00    |  0.90   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| Including |             |        |  31.00   | 34.00  |    3.00     |  2.01   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  69.00   | 77.00  |    8.00     |  0.80   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  86.00   | 93.60  |    7.60     |  0.77   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| Including |             |        |  87.00   | 90.00  |    3.00     |  1.01   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  116.37  |119.26  |    2.89     |  0.76   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  162.22  |166.71  |    4.49     |  0.68   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |          |        |             |         | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| L52       |  -70/180o   |  5.1   |  16.00   | 47.00  |    31.00    |  0.56   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
| Including |             |        |  29.00   | 34.50  |    5.50     |  0.78   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
|           |             |        |  94.50   | 99.50  |    5.00     |  0.78   | 
+-----------+-------------+--------+----------+--------+-------------+---------+ 
* weighted average 
 
 
These drill core assay results continue to correlate well with the Company's 
previously reported results. 
 
 
All identified mineralisation occurs within a graphitic phyllite unit associated 
with the Lower Roan, which Kiwara correlates as being equivalent to the 
"Copper-belt ore shale". 
 
 
Additional borehole sample assay results are awaited. 
 
 
SGS Inspection Services Ltd of Kalulushi, Zambia - an internationally accredited 
laboratory - carried out the assays of the core samples from these drill holes. 
 
 
This release has been approved by Colin Bird, who is Executive Chairman of 
Kiwara, Chartered Engineer and a fellow of The Institute of Materials, Minerals 
and Mining. 
 
 
About Kiwara: 
Kiwara is an exploration company with a focus on base metals in the Republic of 
Zambia, which is a major copper producing country. 
Kiwara, through its majority owned subsidiary, Kalumbila Minerals, holds 
Prospecting Licence 267 which is within the Kabompo Dome in North Western 
Zambia, a geologically complex antiformal feature, which contains a number of 
base metal and uranium targets. This is within the area considered to be the 
western extension of the Copperbelt, an increasingly significant mining area 
that contains the recently developed Kansanshi and Lumwana copper mines. 
 
 
For further information, please contact: 
 
Kiwara Plc 
Colin Bird, Chairman                                Tel: +44 (0)207 581 4477 
Peter Vivian-Neal, Chief Executive Officer       Tel: +260 (0) 211 293899 
 
 
Sasfin, Johannesburg 
Brian Christie, Corporate Finance               Tel: +27 (0) 11 809 7511 
 
 
FinnCap, London 
Matthew Robinson, Corporate Finance           Tel: +44 (0) 20 7600 1658 
 
 
Bishopsgate Communications Ltd              Tel: +44 (0)20 7562 3350 
Michael Kinirons 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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