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Viable uranium find at Kawanga

Core from Kiwara’s
Kawanga uranium target
in north-western
Zambia
 
London, England — MININGREVIEW.COM — 22 May 2008 – Kiwara plc – a mining, exploration and development company focused on copper, nickel, cobalt and uranium, specifically in Zambia – has struck potentially viable uranium grades at four drill holes on its Kawanga target in the north-west of the country.

Revealing this in a regulatory announcement here, Zambian-based Kiwara – listed on the AIM and recently on the JSE – confirmed that it had completed a preliminary drilling programme to test a radioactive anomaly and to verify historic exploration for uranium at Kawanga. Drilling results had confirmed that the mineralisation occurred in at least two zones at potentially viable grades, and that the result had provided enough confidence to conduct further exploration.

The statement added that these positive results would enable the company to finalise a follow-up programme to delineate the Kawanga target, and also to develop an exploration signature to apply to other regional uranium targets identified within the licence area.

CEO Peter Vivian-Neal commented: “These results are very encouraging and confirm previous statements as to the uranium potential of the licence area. The company will embark upon a further work programme to delineate resource, both at Kawanga and other locations within the licence area,” he added.

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