RNS Number : 6604B
  Kiwara PLC
  20 August 2008
   

    JSE - KWR
    AIM - KIW
    ISIN - GB0007702953

    20th August 2008

    Kiwara plc

    ("Kiwara" or the "Company")

    Drilling Update - Kalumbila base metal drilling programme intersects 46.3m of mineralisation grading 1.39% copper; additional 16.5m
intersection grading 0.15% cobalt



    Kiwara, the Zambian based exploration Company, is pleased to announce a significant borehole intersection from its ongoing exploration
programme on the Kalumbila base metals target



    Highlights:

    *     Borehole L33 intersected copper sulphide mineralisation over an intersected width of 46.3m, with an average grade of 1.39% copper
(Cu); and
    *     0.15% cobalt (Co) over an intersected width of 16.5m just below the copper mineralisation;
    *     31 boreholes totalling 8,862m, have now been drilled over 8.2km of strike;
    *     The mineralised strike potential is increasing as additional soil sample results are received.

    Kalumbila Drilling Update:

    The selected length weighted mineralisation intersections within the core borehole L33, which was inclined at -70o, are summarised in
the table below:

 Depth  Depth  Intersected width (m)   Cu     Co
 From    To                             %      %
  (m)    (m)
  14    18.7            4.7           0.80*
 140.5  186.8          46.3           1.39*
 190.7  207.2          16.5                  0.15*
    * Weighted average

    D/H L33 is situated 400m due west and along strike from previously identified mineralisation at the dip section intersected by the
Company's boreholes L27, LR3, L29 and L31.

    The Company has now drilled 31 core boreholes totalling 8,862m at Kalumbila, 21 of which are still to be assayed. This drill programme
covers an extensive 8.2km of strike and indicates mineralisation extends close to surface.


    The assays of the core samples from this borehole were carried out by Alfred H Knight of Kitwe, Zambia being an internationally
accredited laboratory (SANAS, UKAS, QMS)



    Colin Bird (Chairman) said: "The results from this borehole are excellent and support the board's assertion that Kalumbila is
potentially a very significant bulk mining target. The Company will continue to aggressively drill Kalumbila with the objective of
developing an inferred mineral resource and proceeding to feasibility study."



    About Kiwara:
    Kiwara is an exploration company with a focus on base metals in the Republic of Zambia, which is a major copper producing country.
    Kiwara, through its majority owned subsidiary, Kalumbila Minerals, holds Prospecting Licence 267 which is within the Kabompo Dome in
North Western Zambia, a geologically complex antiformal feature, which contains a number of base metal and uranium targets. This is within
the area considered to be the western extension of the Copperbelt, an increasingly significant mining area that contains the recently
developed Kansanshi and Lumwana copper mines.




    For further information, please contact:

    Kiwara Plc                                                             Tel: +44 (0)207 581 4477
    Colin Bird, Chairman
    Peter Vivian-Neal, Chief Executive Officer        Tel: +260 (0) 211 293899

    Investec Bank, Johannesburg
    Robert Smith / Gavin Hall                                     Tel: +27 (0) 11 286 7326

    Investec Bank (UK) Limited                                 Tel: +44 (0) 20 7597 5000 
    Gerard Kisbey-Green / Jan Bosch

    Bishopsgate Communications Ltd                      Tel: +44 (0)20 7562 3366
    Nick Rome

This information is provided by RNS
The company news service from the London Stock Exchange
 
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