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Maghreb Minerals PLC is an AIM-quoted exploration company developing base metal and industrial mineral deposits in North Africa. Global Minerals owns 12.9 million shares of Maghreb.
Drill hole MBJ6, at the past producing Bon Jabeur mine deposit shows high-grade Zinc mineralization over a larger interval. Barium and fluorine results from earlier drill holes in the series, MBJ2, to MBJ5, drilled by the Company confirm the presence of high-grade barite and fluorite mineralization associated with the high-grade lead-zinc assay intervals previously reported.
• Drilling results from the MBJ6 provide verification of the previous
Office National des Mines ( "O.N.M.") drilling, with 42.2m grading 7.47% zinc
("Zn") and 0.7% lead ("Pb") which includes 18.9m grading 10.61% Zn and
0.8% Pb.
• Barium and fluorine assays received to date for drill holes MBJ2 to MBJ5
confirm the presence of significant thicknesses of barite ("Ba") and fluorite
("F") mineralization in addition to the excellent zinc and lead assays
previously reported for these drill holes.
Drill hole MBJ6
The verification drilling programme (MBJ series) commenced in Mid-March 2007, targeted at verifying past O.N.M. resource estimates and to provide metallurgical samples for test work, which will form part of a proposed pre-feasibility study. The latest zinc and lead results to be received are for drill hole MBJ6, and the intersections are as follows:
DRILL FROM TO INTERVAL Zn Pb COMBINED
HOLE (m) (m) (m) (%) (%) Zn%+Pb%
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MBJ 6 253.10 255.60 2.50 7.46 0.84 8.30
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258.60 300.80 42.20 7.47 0.70 8.17
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Including 278.50 297.40 18.90 10.60 0.80 11.40
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Including 294.25 297.40 3.15 15.72 1.39 17.11
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Barium and fluorine assays received to date for drill holes MBJ2 and MBJ5 confirm the presence of significant thicknesses of barite and fluorite mineralization in addition to the significant zinc and lead assays previously reported for the drill holes.
DRILL FROM TO INTERVAL Ba F
HOLE (m) (m) (m) (%) (%)
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MBJ 2 61.00 65.25 4.25 34.67 -
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66.20 67.60 1.40 20.01 -
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77.85 79.25 1.40 14.14 -
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MBJ 3 180.40 221.60 41.20
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of which 180.40 187.65 7.25 37.77 10.51
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189.15 192.80 3.65 37.79 5.31
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193.80 196.25 2.45 33.70 2.96
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198.45 203.65 5.20 44.4 6.03
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205.35 209.45 4.10 51.19 1.27
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219.35 221.60 2.25 35.65 0.97
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MBJ 4 206.15 224.70 18.55 24.18 7.11
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Including 206.15 211.65 5.50 29.31 4.30
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Including 206.15 211.65 1.80 43.24 4.92
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216.65 223.65 7.00 26.59 8.62
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MBJ 5 257.70 263.45 5.75 18.38 4.94
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268.60 283.65 15.05 40.63 1.51
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289.65 291.65 2.00 17.92 0.81
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Gordon Riddler, Executive Chairman of Maghreb Minerals PLC, Commented:
"The excellent zinc results from MBJ6, together with supporting strong barite values associated with the high-grade zinc mineralization intersected in MBJ1 to MBJ5 provide encouragement to our expectations of establishing a significant zinc resource and substantial mining operation at Bou Jabeur – Gite De l'Est". – Press Release