Afri-Can Marine Minerals Appoints Z Star for NI 43-101 Diamond Resource Estimate
* Reuters is not responsible for the content in this press release.
MONTREAL, QUEBEC, May 27 (MARKET WIRE) --
Afri-Can Marine Minerals Corporation ("Afri-Can")(TSX VENTURE: AFA) has
engaged Z Star Mineral Resource Consultants (Pty) Limited of Cape Town,
South Africa, to estimate diamond resources in accordance with National
Instrument 43-101 on Afri-Can's Block J marine diamond concession in
Namibia. Z Star's staff will act as independent Qualified Persons as
required by NI 43-101.
Z Star's services for Afri-Can will include:
- Auditing of sample collection and processing procedures,
- Review of sampling quality control and audit procedures,
- Diamond size frequency distribution analysis and modelling.
- Estimation of diamond grade and size in the evaluation zones using
appropriate techniques,
- Compilation of a diamond valuation model by amalgamating the size
frequency distribution models with the assortment models, and
- Classification of mineral resources.
Z Star is pre-eminent in the evaluation of diamond deposits, specializing
in sample optimization, geostatistical estimation and mineral resource
classification. Providing independent mineral resource consulting
services to the worldwide mining industry, Z Star has been appointed as a
preferred supplier to De Beers. Clients of Z Star include De Beers Marine
(Proprietary) Limited, De Beers Marine Namibia (Proprietary) Limited, and
Namdeb Diamond Corporation (Proprietary) Limited. For further
information, please visit: www.zstar.co.za
Afri-Can is a Canadian company, actively involved in the acquisition,
exploration and development of major mineral properties in Namibia.
Afri-Can's creative and scientific approach targets large marine diamond
deposits in unexplored prospective territories.
This press release contains certain "forward-looking statements," as
identified in the Afri-Can's periodic fillings with Canadian Securities
Regulators that involve a number of risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated
in such statements.
Shares outstanding: 158,106,394
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts:
Afri-Can Marine Minerals Corporation
Pierre Leveille
President & CEO
514-846-2133
514-846-1435 (FAX)
Afri-Can Marine Minerals Corporation
Bernard J. Tourillon
Executive V.P. and CFO
514-846-2133
514-846-1435 (FAX)
info@afri-can.com
www.afri-can.com
Copyright 2009, Market Wire, All rights reserved.
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