Afri-Can Marine Minerals Corporation
TSX VENTURE : AFA

Afri-Can Marine Minerals Corporation

March 17, 2009 11:48 ET

Afri-Can Marine Minerals: Diamond Sampling Vessel Arrives in Cape Town

MONTREAL, QUEBEC--(Marketwire - March 17, 2009) - Afri-Can Marine Minerals Corporation (TSX VENTURE:AFA) ("Afri-Can") has been informed by International Mining and Dredging Holding Ltd. (IMDH) that the contracted sampling vessel MV DP The Explorer arrived in Cape Town, South Africa, on March 16th, 2009.

The Explorer will remain in Cape Town for about 2 months in order to install the sampling tool and the mineral recovery plant and to carry out some sampling and recovery tests. The sampling tool and the recovery plant are completed and ready to be mounted on board the vessel. Afri-Can and IMDH will establish the sampling program schedule in the coming month, and our shareholders will be provided with a detailed program and time schedule in due course. The aim of the complete surveying and sampling program is to delineate diamond resources on Afri-Can's Block J marine diamond concession in Namibia in compliance with National Instrument 43-101.

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: 149,871,394

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