Pan African Resources PLC
06 March 2006
6th March 2006
Pan African Resources PLC
('Pan African' or 'the Company')
Project Progress Update: Bogoin Project,
Central African Republic
Pan African Resources PLC (AIM:PAF), the African based gold exploration company,
announces the completion of the third phase of regional geochemical sampling and
an increase in the total strike-length of the original soil geochemical anomaly
from 7km to 12km in the Bogoin Project ('the Project'), Central African Republic
(CAR).
The project is covered by an exclusive exploration license and is a joint
venture between Pan African (45% contributory stake), International Mining
Investments (IMI, 45% contributory stake) and Goldiam SARL (10% free carry).
'We are currently focusing our efforts on infill sampling within a 4km zone we
feel could be the most prospective. We will also be conducting a ground magnetic
survey which, in conjunction with the infill soil sampling, will allow us to
identify drilling targets that we plan to test before the year-end' commented
Jan Nelson, CEO of Pan African.
- ENDS -
Enquiries:
Pan African Resources Ambrian Partners Parkgreen Communications
Jan Nelson, CEO Richard Brown Justine Howarth / Victoria Thomas
+27 11 886 1211 +44 (0) 207 776 6400 +44 (0)20 7493 3713
+27 (0) 82 494 5628
Colin Bird
+44 (0)20 7584 2155
This information is provided by RNS
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