RNS Number:1803Y Albidon Limited 30 April 2004 ALBIDON LIMITED Suite 1 Hillway House 141 Broadway Nedlands 6009 Western Australia ARBN 107 288 755 albidon 30 April 2004 Market release 8. Oued Belif Copper-Gold Project, Tunisia Albidon Limited 100% Location: north-western Tunisia between the Atlas Mountains and the Mediterranean Sea. The Oued Belif Project is covered by an Exploration Permit application over an area of 4,164 sq km located about 80km to the west of Tunis and served by good infrastructure. Numerous mineral occurrences have been recorded within the tenement area and an association between iron oxides, copper and gold suggests the area has potential for iron oxide copper-gold deposits, broadly analogous to Olympic Dam in South Australia. The planned exploration program includes systematic geochemical sampling and airborne geophysical surveys to define drill targets. The geochemistry is scheduled to commence early in the next quarter. 9. Jebel Trozza Zinc Project, Tunisia Joint Venture with BHP World Exploration Inc. (BHPB) Location: north-central Tunisia about 120km south of the capital Tunis. Albidon is managing the project on behalf of a joint venture between Albidon and a BHP Billiton subsidiary. Trozza is covered by an Exploration Permit over an area of 2,300 sq km, held by BHPB. Drilling previously carried out by Albidon on behalf of the joint venture intersected zinc oxide mineralisation, to depths in excess of 200m, with a best result of 2.38m @ 17% zinc in a zone with poor drill core recovery. Follow-up sampling will commence in the next quarter with the objective of defining additional drill targets. Full details for all projects including location maps, tenement schedules and technical descriptions may be found on the Albidon website at albidon or in the recently issued prospectus also posted on the website. Donal Windrim Managing Director This report accurately reflects information compiled by full time officers of the Company. Insofar as it relates to mineralisation, it is based on information compiled by a Competent Person as required by ASX Listing Rule 5.10. If you have any queries please do not hesitate to contact the Company Secretary, Nicholas Day on +61 8 9389 6300 or email nickd@albidon
Posted on: Thu, 12 Sep 2013 00:59:00 +0000
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