Afri-Can Marine Minerals Corporation
TSX VENTURE : AFA

Afri-Can Marine Minerals Corporation

May 27, 2009 09:59 ET

Afri-Can Marine Minerals Appoints Z Star for NI 43-101 Diamond Resource Estimate

MONTREAL, QUEBEC--(Marketwire - May 27, 2009) - Afri-Can Marine Minerals Corporation ("Afri-Can")(TSX VENTURE:AFA) has engaged Z Star Mineral Resource Consultants (Pty) Limited of Cape Town, South Africa, to estimate diamond resources in accordance with National Instrument 43-101 on Afri-Can's Block J marine diamond concession in Namibia. Z Star's staff will act as independent Qualified Persons as required by NI 43-101.

Z Star's services for Afri-Can will include:

- Auditing of sample collection and processing procedures,

- Review of sampling quality control and audit procedures,

- Diamond size frequency distribution analysis and modelling.

- Estimation of diamond grade and size in the evaluation zones using
appropriate techniques,

- Compilation of a diamond valuation model by amalgamating the size frequency distribution models with the assortment models, and

- Classification of mineral resources.

Z Star is pre-eminent in the evaluation of diamond deposits, specializing in sample optimization, geostatistical estimation and mineral resource classification. Providing independent mineral resource consulting services to the worldwide mining industry, Z Star has been appointed as a preferred supplier to De Beers. Clients of Z Star include De Beers Marine (Proprietary) Limited, De Beers Marine Namibia (Proprietary) Limited, and Namdeb Diamond Corporation (Proprietary) Limited. For further information, please visit: www.zstar.co.za

Afri-Can is a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia. Afri-Can's creative and scientific approach targets large marine diamond deposits in unexplored prospective territories.

This press release contains certain "forward-looking statements," as identified in the Afri-Can's periodic fillings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Shares outstanding: 158,106,394

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Afri-Can Marine Minerals Corporation
    Pierre Leveille
    President & CEO
    514-846-2133
    514-846-1435 (FAX)
    or
    Afri-Can Marine Minerals Corporation
    Bernard J. Tourillon
    Executive V.P. and CFO
    514-846-2133
    514-846-1435 (FAX)
    info@afri-can.com
    www.afri-can.com