Profile

African Metals Corporation is a Canadian company listed on the TSX and traded on both the TSXV ["AFR"] and the FSE [WKN 912759] focused on the discovery and development of significant high grade copper-cobalt deposits in the highly mineralised Katanga Copper Belt of the world renowned Africa Copper Belt in the Democratic Republic of Congo ("DRC").

Properties

Luisha South Project:
Located in the northwest corner of the permit, previous mining work during the 1940’s by Union Miniere of Katanga (230,000t @ 10.1%Cu and 2%Co), and more recently by artisanal miners, has been limited to high grade ore shoots now exposed in a 250m long, 80m wide and 30m deep pit.

Recent small scale mining by TSM Enterprises on the footwall of the pit has exposed a Cu and Co rich sequence hosted in carbonaceous breccias in a chalk rich matrix. Grades returned have been as high as 30%Cu and 20%Co from selectively mined zones.

Limited sampling from the base of the pit by independent consultants Strathcona Mineral Services in 2007 returned average grades of 3.2%Cu and 0.60%Co over 10 metres and 5.04%Cu and 0.16%Co across 6.5 metres. Subsequent outcrop channel sampling from the pit resulted in assays ranging from 0.7%Cu to 9.2%Cu and 0.2%Co to 2.8%Co.

African Metals has recently completed a mapping and trench, adit, pit and rock chip outcrop sampling program of the entire licence with 255 samples being collected and submitted to ALS Chemex laboratories in South Africa.

The Luisha permit covers some 3.5 kilometres strike length of the Roan Group Mine Sequence and is considered highly favourable for Cu-Co mineralization. Historical mines are located at either end of this strike trend. With drill information available for the pit area only, information on the geology of the remaining permit is based on historical mapping from 1925, which shows the Roan Group to extend from Luisha southeast to Juidera, Kipoi and Kileba within Tiger Resources licences.

On adjacent properties, recent work by Tiger Resources at Kipoi, has confirmed continuous Roan Group units over a strike length of about 13 kilometres across the Kipoi permit area where Tiger report an inferred resource of some 13.4 million tonnes at 3.3% Cu, 0.15% Co, and 3.3g/t Ag for the Kipoi project.

Office Address

African Metals Corporation
Suite 205
16055 Fraser Highway
Surrey, British Columbia
Canada V4N 0G2

Tel. +1 (604) 507-2181
Fax +1 (604) 507-2187

E-mail: info@africanmetals.com

www.africanmetals.com/EN/home/home.asp?c=41

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