Drilling Update

    RNS Number : 2132V
  Kiwara PLC
  27 May 2008
   
JSE * KWR
 
AIM * KIW
 
    ISIN * GB0007702953



    27 May 2008

    Kiwara plc

    ("Kiwara" or the "Company")

    Drilling Update - Kiwara encounters wide intersections of potentially open pittable copper mineralisation

    The board of Kiwara, a Zambian based exploration company, is pleased to announce further significant results from its ongoing drilling
programme on the Kalumbila base metals target. 

    Highlights:  

    *     Drill Hole L29 assayed 1.15% copper over 55 m intersection
    *     Strike length currently in excess of 2 km
    *     Soil sampling indicate similar potential over 5 km
    *     Holes L28 and L30 return good bulk mining grades

    Kalumbila Drilling Update:

    L29 was diamond drilled 70 m south and "up-dip" of the Reverse Circulation hole LR3 which assayed 0.66% copper over 36 m from a depth of
24 m (announced 29 January 2008). 

    The selected results of L29 are:

 Depth  Intersection   Copper
  (m)        (m)         %
  106         9         0.63
  124        55         1.15


    The Company is drilling further up-dip of L29 to test how close the mineralised body comes to surface. Concurrently the Company is
drilling along strike, to test for continuity of the potential 11 km strike length.
    Hole L28 was drilled 2.1 km east of L29 and L30 was drilled on section with L28. Both holes intersected good copper mineralisation and
in the case of L28 significant values of nickel and cobalt

    Results of L28 and L30

 D/H  Depth  Intersection  Copper*  Nickel*  Cobalt*
       (m)       (m)          %        %        %
 L28   114        9           -      0.25     0.17
       139        14        0.68       -        -
       219       8.5        0.77       -        -

 L30   53         14         0.7       -        -
    * weighted average

    Alfred H Knight of Kitwe, Zambia an internationally accredited laboratory (SANAS, UKAS, QMS) carried out the assays of the core samples
from these drill holes. 

    Colin Bird (Chairman) said: 'The results from these boreholes are very positive, especially in the case of L29, and support the
Company's earlier comments as to the potential for near surface copper at Kalumbila. The Company will aggressively pursue these targets with
the objective of developing a resource and proceeding to feasibility study."

    About Kiwara:
    Kiwara is an exploration company with a focus on base metals in the Republic of Zambia, which is a major copper producing country.
    Kiwara, through its majority owned subsidiary, Kalumbila Minerals, holds Prospecting Licence 267 which is within the Kabompo Dome in
North Western Zambia, a complex poly-metallic geological feature, thought to contain abundant multi metal targets.  This is within the area
considered to be the western extension of the Copperbelt, an increasingly significant mining area that contains the new Kansanshi and
Lumwana copper mines.
    
 

    For further information, please contact:




Kiwara Plc                                                                             Tel: [phone]
Colin Bird, Chairman
 
Peter Vivian-Neal, Chief Executive Officer                        Tel: [phone]
 
Investec Bank, Johannesburg
Robert Smith                                                                         Tel: [phone]
 
Investec Bank (UK) Limited                                                 Tel: [phone]
Gerard Kisbey-Green / Jan Bosch
 
Bishopsgate Communications Ltd                                     Tel: [phone]
Nick Rome


This information is provided by RNS
The company news service from the London Stock Exchange
 
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