Baobab Resources Plc (
Baobab announces that today an exploration update was made by Metals of Africa (
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=mta
Alternatively, Investors may be able to download a copy from the Company's website:
http://baobabresources.com/investor/aim-announcements
HIGHLIGHTS
- Discovery of a third mineralised vein system at the Changara Project Joint Venture (refer to RNS dated 4 October 2013 for details on previous discoveries).
- Initial grades up to 8.2% Pb and 3,250ppm Zn returned from portable XRF analysis at the new 'Fred-Lead' Prospect.
- Stratigraphically hosted, anomalous Zn (>1,000ppm) zone in soil sampling over 1 km strike length adjacent to vein.
- Soil sampling program to discover new mineralised prospects is ongoing.
To view the Metals of Africa release, please visit:
http://media.abnnewswire.net/media/en/docs/76242-LON-BAO-20131127.pdf
About Baobab Resources plc
Baobab Resources plc (LON:BAO) is a Mozambican-focused explorer with a large landholding in the central north of the country. The company's flagship project is the Tete iron ore deposit.
Contact
Baobab Resources PLCBen James: Managing Director
Tel: +258 21 415 200
Jeremy Dowler: Chairman
Tel: +44 1372 450529
Frank Eagar: CFO
Tel: +258 21 415 200
Grant Thornton UK LLP
Philip Secrett | David Hignell | Jamie Barklem
Tel: +44 20 7383 5100
Shore Capital Stockbrokers
Jerry Keen | Toby Gibbs
Tel: +44 20 7468 7964
Fortbridge Consulting
Matt Beale
Tel: +44 7966 389 196
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