SOURCE: Pan African Mining Corp.

September 13, 2005 08:00 ET

Pan African Mining Corp.'s Diamond Team Targets Potential Kimberlite Source in Madagascar

VANCOUVER, BC -- (MARKET WIRE) -- September 13, 2005 -- PAN AFRICAN MINING CORP. (TSX-V: PAF) (the "Company") is pleased to announce further progress in Phase 2 of its comprehensive diamond exploration program in Madagascar, including identification of key target areas. The current phase, which commenced in May, 2005, has involved extensive follow-up sampling and field studies in key areas of Madagascar deemed most prospective as primary kimberlitic or lamproitic diamond sources.

The Company's diamond team, which now includes some fifteen experienced and highly skilled geologists and technicians, has been operating under the guidance of Dr. Andrew E. Moore, of Cape Town, South Africa. Dr. Edward A. Schiller, of Kelowna, B.C., Canada, has been serving as a senior consultant. The team has taken a large number of stream samples and has completed field studies in key areas of interest. As a result, the Company has now identified several key targets for potential primary diamondiferous kimberlite sources within its license area in Madagascar.

Among the indicator minerals of particular interest, found by the Company in one of the key target areas, is chrome-diopside that closely matches compositions in a sheared peridotite from the diamondiferous Mothae kimberlite in Lesotho. It was recovered from the same tributary where the BRGM reported the discovery of a gem-quality diamond by French prospector Stapoundzi in 1909. This tributary has a very restricted catchment, entirely contained within the Company's license area, suggesting that the primary source is on the Company's ground. While the Company has no way to verify the exact site of this historic discovery, the recovery of the Cr-diopside is certainly consistent with the BRGM report and tends to be confirmatory.

A further sample, in a nearby restricted drainage basin, also entirely within the Company's ground, produced a large number of spinels with markedly Ti-enriched rims. These grains are interpreted by Paul Zweistra, mineralogist and geochemist of Mineral-Logic, Cape Town, to reflect reaction with an alkaline magma, thus potentially indicating the presence of a further kimberlite source, or sources, within the Company's ground. Such would appear to be one or more titanium-rich, alkaline magma kimberlites.

According to Dr. Andrew Moore, "We are delighted with the progress of our highly motivated diamond team in Madagascar. We have now identified meaningful targets which have the potential to be diamondiferous kimberlites. With in excess of 500 kg. of samples pending laboratory analysis, we expect to add significantly to our understanding of these targets when those results become available to us. We are considering airborne geophysics as an adjunct to our sampling program in the near future."

About Pan African

The Company is an exploratory resource company with approximately 10,000 square kilometres of diversified mineral properties in Madagascar. The Company is exploring these properties for gold, uranium, precious stones, base metals and industrial commodities. Its operations in Madagascar are carried out through its operating subsidiary, PAM Madagascar Sarl and its uranium activities are carried out through its 80% owned subsidiary PAM Atomique Sarl. The Company has offices in Vancouver, Canada, and Antananarivo, Madagascar. More information about the Company is available at www.panafrican.com

ON BEHALF OF THE BOARD OF DIRECTORS OF PAN AFRICAN MINING CORP.

"Irwin A. Olian"

Irwin A. Olian

Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

Pan African Mining Corp.
Suite 1925, Box 11553
650 West Georgia Street
Vancouver, BC
V6B 4N8

Contact Information

  • For further information, contact:

    Irwin Olian
    President and CEO
    Email: Email Contact
    Phone: 604-899-0100
    Fax: 604-899-0200

    Karim Gangji
    Technical Operations Manager
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    Phone: 604-521-6846
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    Tom Kinakin
    Research
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    Phone: 604-676-8671
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