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 May 17, 2012: Circulars: Afferro Notice of AGM to be held on June 14 2012 a... (more...)
May 17, 2012: News: NOTICE OF AGM AND POSTING OF ANNUAL ACCOUNTS (more...)
May 02, 2012: News: New Targets from Airborne Geophysical Survey at Ak... (more...)
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NTEM
Ntem exploration permit
Overview
- Ownership: 100%
- Licence area: 491.0km2. Renewable exploration licence for iron ore (and other minerals, including gold)
- Location: South-west Cameroon, located only 80km from the Government-led, deep-water port complex, which is currently under construction, and 10km from the proposed rail corridor
- Geology: Archaean age rocks with banded iron formations (BIFs) and greenstone belts
- Strongly modelled magnetic signature has defined a new target, with magnetic amplitude of 26,200nT, higher than Nkout at 22,700nT
Current Programme and Targets
- Systematic exploration programme on-going including taking grab samples and ground magnetics
- Currently building access roads to the site
- Reconnaissance drilling programme on track to commence in Q2 2012, with results of the programme expected in H2 2012
Multiple Targets Identified by Airborne Magnetics
Ntem Located only 80km from the Government-led Port near Kribi
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