Afri-Can Marine Minerals Corporation (TSXV:AFA) is scheduled to begin a geophysical survey on its 3403 marine diamond concession in Namibia on April 28, 2012.
Afri-Can Marine Minerals Corporation (TSXV:AFA) is scheduled to begin a geophysical survey on its 3403 marine diamond concession in Namibia on April 28, 2012.
As quoted in the press release:
Afri-Can holds an option to acquire 100% of the shares of Thyme Investments (Pty) Ltd. (“Thyme”), the owner of 100% of EPL 3403. Afri-Can will earn a first 20% in Thyme by issuing 20% of 65 million of its own shares to Thyme and carrying out a geophysical survey. Afri-Can will earn the remaining 80% of Thyme by completing a sampling program and issuing the balance of 80% of the 65 million of its own shares to Thyme.
EPL 3403 covers approximately 800 square kilometres and is adjacent to and north of the Atlantic One Mining Lease (“ML”) 47 (owned by Namdeb Diamond Corporation (Pty) Limited, a 50:50 partnership between the Government of the Republic of Namibia and De Beers Centenary AG), which is the largest marine diamond deposit in the world. ML 47 currently produces in excess of 1,100,000 carats per year.
Click here to read the Afri-Can Marine Minerals Corporation (TSXV:AFA) press release.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1804.69 | -7.67 | |
Silver | 23.78 | -0.24 | |
Copper | 3.85 | +0.01 | |
Palladium | 1803.00 | -30.00 | |
Platinum | 1022.50 | +8.50 | |
Oil | 79.24 | -0.29 | |
Heating Oil | 3.26 | -0.05 | |
Natural Gas | 4.79 | -0.49 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.