African Eagle Resources – Drilling Update

African Eagle Resources – Drilling Update

African Eagle Resources plc in this, its third Dutwa drilling update, announces more significant results  from its nickel laterite project in Tanzania, following receipt of full assay results for the first 50 of the 139 drill holes in the Company's Reverse Circulation  (RC) drilling programme. Over 80% of the 50 holes reported on to date have yielded very favourable nickel grades, revealing extensive mineralisation over at least 2.5km, open in three directions.

Commenting on the results, African Eagle's Managing Director, Mark Parker said 'This is yet another batch of good nickel results from Dutwa, and we are able to report some excellent cobalt values and intriguing gold and platinum values too. We have completed both the 139-hole phase one RC drilling and a programme of 10 diamond drill holes to obtain core samples for metallurgical testing, and we are getting a steady flow of laboratory results'

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