Perth, Australia — MININGREVIEW.COM — 20 January 2010 – Shield Mining Limited “’ an Africa-focused gold and base metals explorer listed on the Australian Securities Exchange “’ has announced an expansion of its exploration activity in Mauritania.
Confirming this development in an announcement here, the company revealed that it had signed a contract to conduct a copper and gold-focused aerial gravity survey over its 100%-owned Akjoujt licence area.
The area is to the southeast of Shield’s Tijirit gold project where Shield last week announced encouraging assay results from its current and ongoing 5 000m reverse circulation drilling campaign. The full results are due next month.
The company announcement said the new airborne gravity survey over Akjoujt would be undertaken by BellGeo Enterprises, targeting both copper and gold mineralisation.
The Akjoujt tenement covers 749 sq km and is 33km northeast of the Guelb Moghrein copper/gold mine, which is owned by First Quantum Minerals Limited and produces 35 000 tonnes of copper and 100 000 ounces of gold per annum.
Selected magnetic anomalies will be targeted by the BellGeo airborne gravity survey.
The Shield portion of the joint survey comprises 1 423 line km over an area of 463 sq km covering the most prospective areas of the Akjoujt tenement. The results are expected to be available in mid-March 2010.