Perth, Australia — MININGREVIEW.COM — 07 May 2008 – Shield Mining Limited – an Africa-focused gold and base metals explorer listed on the Australian Stock Exchange – has launched the first exploration programme for its newly granted gold project area in the west African country of Mauritania.
A news release issued here confirmed that the company had commenced a limited programme involving field sampling of the Permit 448 area at Akjoujt, in the west of Mauritania, and was also gathering further data from available records to determine the tenement’s future gold potential.
The company was granted a Group 2 minerals (gold and base metals) permit four months ago for an area whose main attribute is the Tabrinkout gold/copper prospect, previously explored by BRGM (as Normandy La Source) in 1997. The work by Normandy La Source at Tabrinkout is reported as indicating a similar geological setting to that of First Quantum Minerals’ producing Guelb Moghrein copper/gold mine, 33kms to the west. The geochemical signature and association of minor metals with gold is also similar to Guelb Moghrein.
“We have scheduled a more comprehensive exploration programme at Permit 448 later this year once the current hot season is over,” said Shield CEO David Netherway. “Our immediate focus, however, is to undertake a small sampling programme, and to assess the scope for the discovery of additional zones of gold mineralisation,” he added.
“We see Permit 448 as an exciting prospect, and will test its potential to be another Guelb Moghrein,” Netherway concluded.