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Australia-based Tawana Resources has completed its maiden 2 500 m reverse circulation (RC) drill programme at its 100% owned Mofe Creek iron ore project in Liberia, West Africa.

“We believe Mofe Creek represents a new discovery with intersections in excess of 40 m of friable itabirite with low contaminants from surface including direct shipping ore (DSO) intersections. This clearly demonstrates the potential of the Mofe Creek discovery,” says Tawana Resources MD Len Kolff.

“We are very pleased and encouraged with the results of our maiden drill programme; especially as they represent only 3 km of strike length of a total 65 km prospective strike within the project are,” he continues.

A total of 2 418 m of a planned 2 500m programme was drilled with 834 m for seven holes at the Gofolo main target and 1 584 m for 15 holes at the Koehnko target. Drilling was completed using a track mounted RC rig.

The Mofe Creek project is located within one of Liberia‘s historic premier iron ore mining districts. The project is 10 km along strike from the abandoned Bomi Hills mine, 80 km along strike from the historic Bong mine, 45 km from the Mano River mine and 20 km from the Bea Mountain resource.

The project is also only 20 km from the coast, meaning the most likely development scenario would see construction of a haul-road for trucking of product to the coast and transhipment through barge to deeper water for on shipment.

Tawana Resources revealed that hand auger drilling has re-commenced to prioritise exploration targets for drilling in areas of poor outcrop, while existing drill samples will be defined and composited for metallurgical test work with results expected during the second half of 2013.

Work is also underway to assess exploration target size potential which will be reported by mid-March. The company said that a 10 000 m RC and diamond resource programme is being planned for Gofolo and Koehnko, while an additional 5 000 m RC exploration programme is being planned for other regional targets.

Drilling is expected to commence during Q2, 2013 with a joint ore reserves committee compliant resource expected to be defined by the end of 2013.

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