FOR IMMEDIATE RELEASE
Friday, March 16, 2012
Johannesburg, South Africa, Harare, Zimbabwe, Vienna, Austria, Tokyo, Japan – March 16, 2012 – African Compass International Limited (“ACI” or the “Company”), today announced positive assay results from its tungsten project site samples, which were sent for radiation testing respectively in-house to a potential off-taker and further outsourced by the potential off-taker to Activation Laboratories Limited (Actlabs), Canada.
Assay results from the potential off-taker in-house lab received 22 February, 2012, were positive as common pollutants (Pb, As and others) were found to be at low levels. The world standard requirement for this material is 65% when washed. ACI tests in Harare, Zimbabwe, of the same samples had achieved 45.2% unwashed.
The outsourced sample results by the potential off-taker to Actlabs for radiation measurement received 16 March, 2012 (complete assay summary of results below), were found to have also low levels of common pollutants (Pb, As and others), well below the potential off-takers internal specification and even further below legal limits.
About ACI
African Compass International (“ACI”) is a global diversified private natural resources company in frontier, emerging/established emerging and developed markets. The Group farms, explores, sources, refines and produces, inter alia, agriculture products, base metals, ferrous & non-ferrous metals, minor metals, platinum group metals, precious metals, oil & gas and commercial energy. Our diversified operations in Africa, South America and Eurasia are supported by offices in Austria, Canada, Japan and Zimbabwe. ACI always seeks partnerships with all its stakeholders that will add value to projects at hand based on the core values of honesty, integrity and vision.
About Activation Laboratories Limited.
The Actlabs Group of Companies provides contract analytical services covering all aspects of analysis from academic research applications to routine quality control functions. It provides services to many fields, including Geochemical, Petroleum, Industrial Minerals, Forensic, Pharmaceutical & Clinical, Environmental & Occupational Health, Agricultural and Materials Testing areas. For more information, visit www.actlabs.com.
Supporting Resources: please visit www.africancompassinternational.com; follow @Afrikancompass on Twitter, or join ACI on LinkedIn.
For and on behalf of the Company’s Board of Directors
Julian RUPARE, Jr.
CEO & Chair
GLOSSARY OF TERMS:
The following are the main terms and abbreviations used in this webnews:
ACI African Compass International Limited and/or its subsidiaries, as appropriate
Actlabs Activation Laboratories Limited
Ag Silver
Al Aluminium
As Arsenic
Au Gold
B Boron
Ba Barium
Be Beryllium
Bi Bismuth
Ca Calcium
Cd Cadmium
Ce Cerium
CEO Chief Executive Officer
CLO Chief Legal Officer
Company African Compass International or African Compass International Limited
Co Cobalt
COO Chief Operating Officer
Cr Chromium
Cs Cesium
Cu Copper
Dy Dysprocium
Er Erbium
Eu Europium
Fe Iron
Ga Gallium
Gd Gadolinium
Ge Germanium
Hf Hafnium
Ho Holmium
In Indium
K Potassium
La Lanthanum
Li Lithium
Lu Lutetium
Mg Magnesium
Mn Manganese
Mo Molybdenum
Na Sodium
Nb Niobium
Nd Niodymium
Ni Nickel
P Phosphorus
Pb Lead
Pr Praseodymium
Re Rhenium
Rb Rubidium
S Sulfur
Sb Antimony
Sc Scandium
Se Selenium
Si Silicon
Sm Samarium
Sn Tin
Sr Strontium
Ta Tantalum
Tb Terbium
Te Tellurium
Th Thorium
Tl Thallium
Tm Thulium
U Uranium
V Vanadium
W Tungsten
Y Yttrium
Yb Ytterbium
Zn Zinc
Zr Zirconium
– ends –
African Compass International
Johannesburg | Harare | Vienna | Tokyo
Directors J Rupare Jr (CEO) C N Rupare (COO) U Mazunga (CLO)
