Baobab Resources, the iron ore, base and precious metals explorer working in Mozambique, has published the results from the last of three diamond drill holes completed prior to the close of the 2009 field season at the South Zone prospect of the Tete magnetite-ilmenite project.

Drill hole TDH0017, at 56m, returned a significant mineralised intercept, recording concentrate grades of 43.5m @ 64.5% iron, 0.66% vanadium oxide and 6.23% titanium dioxide. Significant concentrate intercepts from drill holes TDH0016 andTDH0018 were announced earlier in February.

The South Zone prospect, which covers the southern 2.5km of the Massamba Group trend, was first identified by Baobab in 2008. No previous exploration had been carried out in the area prior to the company completing three diamond drill holes at the close of the 2009 field season.

A 12,000m scout drilling campaign at the Massamba Group is on schedule to complete in early March.

Ben James, Baobab's managing director, said: "Taking into account width, grade and mass recovery, the TDH0017 result is quite probably our best to date. We look forward to opening the 2010 drill season next month on the Massamba Group trend and will focus initially on the South Zone prospect before moving north into the Chimbala area. The objectives of the programme are two-fold; to improve our confidence in the 400 to 700Mt Exploration Target and to clarify geological domains for continued metallurgical test work."