Press release from Marketwire
Positive Drill Results-Anglo Aluminum's Mamou-Dalaba Bauxite Project, Guinea
Tuesday, November 16, 2010
Positive Drill Results-Anglo Aluminum's Mamou-Dalaba Bauxite Project, Guinea00:30 EST Tuesday, November 16, 2010KAMLOOPS, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2010) - Anglo Aluminum Corp. (TSX VENTURE:ALU) is pleased to announce positive results from the initial drill campaign on its 100%-owned Mamou-Dalaba Bauxite Project in Guinea, West Africa. The regionally-focused program consisted of 48 auger-type drill holes totalling 519 metres spaced at 1,200 metres along a series of bauxitic plateaus in the east-central part of the project area. Highlights include 15 metres assaying 43.79% Al2O3, 10 metres of 41.53% Al2O3, and 8 metres of 46.81% Al2O3 (see Table 1).Table 1: Highlights of Mamou-Dalaba Auger Drill ResultsHole IDPlateauFromToLength metresAl2O3%Fe2O3%SiO2%MMDA0004107735.8739.032.76MMDA0010105544.4627.722.26MMDA0012104452.1517.951.01MMDA0013107744.8726.543.22MMDA0014103342.9333.901.49MMDA00222308842.5630.454.41MMDA00268610437.7338.231.61MMDA00272316535.8239.082.87MMDA00292306642.0328.025.44MMDA00302009946.1323.323.65MMDA0031309943.4126.716.39MMDA00323711440.4030.004.64MMDA0034327538.1635.263.35MMDA0035750151543.7926.364.70MMDA003730101041.5330.901.57MMDA00392208846.8121.663.14MMDA0040190111138.3533.124.91MMDA0041220111141.5725.798.84MMDA00422208840.8031.701.91MMDA0045303338.9734.231.80MMDA0047309937.7737.611.33MMDA00489405542.5028.125.13This first-pass drill program was designed to test priority targets identified through analysis of ASTER satellite imagery of the area. Drill results confirm the presence of moderate to high-grade bauxite on 9 plateaus covering an area 5 kilometres by 20 kilometres. The area tested constitutes less than 20% of the permitted area.Mr. Gillis, president and chief executive officer of Anglo Aluminum, commented: "After reviewing the assay results from this first-pass program with drill hole spacing at 1,200 metres, we are very encouraged and believe the potential of the Mamou-Dalaba property to hold large, good grade, bauxite resources is significant."Mamou-Dalaba consists of 4 permits totalling 1,832 km2, situated in southwestern Guinea, 100 kilometres east of the capital, Conakry. The main national highway and the old Trans Guinean Railway right of way traverse the southeast corner of the property. A proposed rail line from the Bellzone iron ore development to a port just south of Conakry would run less than 60 kilometres south of Mamou-Dalaba.The next stage of auger drilling at Mamou-Dalaba will test other priority targets identified in the satellite imagery study with widely-spaced drill holes. Resource drilling, at 300 metre by 300 metre grid spacing, of the confirmed bauxite plateaus will be conducted in conjunction with this regional drill program. Anglo Aluminum is collaborating with consultants Coffey Mining on this next phase of drilling.Quality Assurance / Quality Control (QA/QC) Coffey Mining managed the drill programs from their Accra, Ghana office on behalf of Anglo Aluminum. Toumnyne SARL of Guinea conducted the auger drilling at Mamou-Dalaba in June, 2010. Samples were collected from the auger drill under the supervision of Coffey geologists and sent to SGS South Africa (Pty) Ltd. for analysis by XRF methods. A duplicate field sample was inserted for every 20 samples. One of 5 different bauxite standard samples was inserted in every 20 sample lot. SGS also inserted duplicates, standards, and blanks for internal QA/QC.General Information Christopher J. Wild, P.Eng., COO and Vice-President of Exploration of Anglo Aluminum Corp., and a Qualified Person as defined by Canadian National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release. For more information on Anglo Aluminum Corp. and the Mamou-Dalaba Bauxite Projects, please visit: www.angloaluminum.com.On behalf of the Board of DirectorsAnglo Aluminum Corp.James T. Gillis, President & CEO FOR FURTHER INFORMATION PLEASE CONTACT: James T. GillisAnglo Aluminum Corp.President & CEO250-374-7377www.angloaluminum.comNeither the 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 news release.