Pan African Resources PLC - Reserve Growth Projects


						Reserve Growth Projects, South Africa The reserve growth gold projects are located within the Barberton Mines licence areas. Geological data compilation programme is underway and results will be made available as soon as they are completed.

		Pan African Projects Summary Barberton Mines > Location & Summary > Reserve Growth Projects > Resource Statement Phoenix Platinum Manica Gold Project South Africa Country Profile Mozambique Country Profile

Reserve Growth Projects

12 months ended
30 June 2008

12 months ended
30 June 2009

Potential Resource Target

Project

Metres Developed

(oz)

Sheba - Southwell Adit

75.0m

5,000

Sheba - 35 ZK Decline

126.0m

69.0m

5,000

Sheba – Edwin Bray to Thomas & Joe’s Luck area

101.0m

739.8m

15,000

Consort – 45 level exploration drive

140.0m

227.3m

10,000

Consort – 50 level declines

163.3m

223.9m

30,000

Fairview - 60/62 Level Development

540.0m

817.0m

50,000

58 ZK Horizon exploration

128.0m

10,000

60 ZK Exploration

71.7m

10,000

Fairview – 3 Shaft Deepening

Equipping & Cleaning Commenced

Equipping & Cleaning Completed

30,000

Summary of current work being conducted by ExplorMine Consultants at Barberton Mines Limited (17 March 2008)

ExplorMine Consultants was commissioned by Pan African Resources PLC to complete a collation, compilation and interpretation of the historic exploration data and borehole data for Barberton Mines Limited, Mpumalanga Province South Africa. The interpretation of the exploration data is based on historic geological, geochemical, geophysical and borehole data. This data was collected over an extended period of time from the early 1980’s through to present.

A Technical Report has been prepared based on a technical review by ExplorMine Consultants over a five month period from January 2008 to May 2008. The work involved an assessment of the following aspects:

Regional and local geology
History of exploration work in the area
Compile and capture geochemical exploration data
Compile and capture geophysical exploration data
Compile and capture borehole exploration data
Compile and capture geological exploration data
Compile and collate all data in a relational database
Interpret exploration data with the aid of a GIS system
Recommendations for future exploration

The Barberton Mines Limited historic exploration data is stored at Barberton Mines Limited’s Fairview Mine. All of the historic data related to the scope of work provided by Pan African Resources PLC is currently being electronically captured on site in consultation with site personnel at Fairview Mine.

On completion of the electronic data capture phase, each data set will be collated within a relational database. This database will aid effective data management and interrogation. The final phase of the work will involve the use of a Geographical Information System (GIS) to overlay various sets of data in order to highlight and select potential exploration localities.

UK (AIM): PAF | SA (JSE): PAN