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Chisawa drill results buoy Zambezi

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Date: Wednesday 20 Aug 2008

LONDON (ShareCast) - Zambezi Resources has reported significant drill results from its 100% owned Kangaluwi copper project following first systematic drilling at the Chisawa prospect.

It said reverse circulation (RC) drilling returned substantial mineralised widths and grades from surface including 14m at 1.52% copper, 12m at 1.36% copper, and 10m at 1.23% copper.

“These excellent drill results from Chisawa over a 2km strike length confirm our opinion that the Kangaluwi copper project has the potential to develop as a world-class copper asset and a company-making project,” said managing director Julian Ford.

“The first two project areas we have tested namely Kangaluwi and Chisawa have both shown consistent mineralisation widths and grades at a favourable 30 to 40 degree angle of dip, with mineralisation starting at surface and defined down to a depth of at least 200 metres.”

“We now have drill road access into most of the remaining priority target areas contained within the total strike length of 28km,” he added.

Just 25% of the surface-defined geochemical anomaly has been drill tested so far.

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