Business
CAR Project Update
CAR Project Update.
About this update from Pan African Resources Plc
[{"type":"text","content":"\n Pan African Resources PLC\n06 March 2006\n\n6th March 2006\n\n\n Pan African Resources PLC\n ('Pan African' or 'the Company')\n\n Project Progress Update: Bogoin Project,\n Central African Republic\n\n\nPan African Resources PLC (AIM:PAF), the African based gold exploration company,\nannounces the completion of the third phase of regional geochemical sampling and\nan increase in the total strike-length of the original soil geochemical anomaly\nfrom 7km to 12km in the Bogoin Project ('the Project'), Central African Republic\n(CAR).\n\nThe project is covered by an exclusive exploration license and is a joint\nventure between Pan African (45% contributory stake), International Mining\nInvestments (IMI, 45% contributory stake) and Goldiam SARL (10% free carry).\n\n'We are currently focusing our efforts on infill sampling within a 4km zone we\nfeel could be the most prospective. We will also be conducting a ground magnetic\nsurvey which, in conjunction with the infill soil sampling, will allow us to\nidentify drilling targets that we plan to test before the year-end' commented\nJan Nelson, CEO of Pan African.\n\n\n - ENDS -\n\n\nEnquiries:\n\nPan African Resources Ambrian Partners Parkgreen Communications\nJan Nelson, CEO Richard Brown Justine Howarth / Victoria Thomas\n+27 11 886 1211 +44 (0) 207 776 6400 +44 (0)20 7493 3713\n+27 (0) 82 494 5628\nColin Bird\n+44 (0)20 7584 2155\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1803,"tagName":"div"}]