SBS 0.00% 2.9¢ sub-sahara resources nl

encouraging results from mabale hills gold pro

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    Friday 4th May, 2007
    ASX Announcement
    Encouraging results from Mabale Hills Gold Project in Tanzania
    Sub-Sahara Resources (ASX:SBS) is pleased to announce the results from the first two reverse
    circulation drill holes at the Mwamazengo gold discovery have further confirmed the gold
    prospectivity of the area.
    The results are as follows:
    • Drill hole MBNR021 returned a single intercept of 15 metres grading 4.7 g/t gold from
    18 metres (including 3 metres grading 9.65g/t gold);
    • Drill hole MBNR022 returned 3 separate intercepts:
    o 5 metres grading 1.22g/t gold from 9 metres
    o 6 metres grading 1.46g/t gold from 31 metres
    o 6 metres grading 2.09g/t gold from 63 metres.
    Note: All results are uncut with a maximum of 1 metre internal dilution with true widths unknown. All samples are Fire
    assays on 1 metre intervals and processed at the Humac Laboratory in Mwanza, Tanzania.
    Both drill holes tested the up-dip potential of the Mwamazengo zone and have confirmed the
    mineralisation.
    Sub-Sahara Chief Executive Officer Michael Griffiths said, “We’re encouraged by these
    preliminary results. Reverse circulation drilling pre-collars with diamond tails are in progress and
    further results will be announced over the coming weeks.”
    For and on behalf of
    Sub-Sahara Resources NL
    M.R. Griffiths
    CEO - Director
    Website: www.subsahara.com.au
    ENDS
    FOR FURTHER INFORMATION:
    Michael Griffiths, CEO
    Sub-Sahara Resources
    [email protected]
    Ph: +61 8 9227 3260
    Jill Thomas
    Professional Public Relations (WA)
    [email protected]
    Ph: +61 8 9388 0944

    2
    Editor's notes:
    About Sub-Sahara
    Sub-Sahara Resources is an ASX listed company (ASX: SBS) with interests in a number of highly
    prospective and rapidly expanding African projects, including the Nyanzaga joint venture with Barrick
    Gold, Lake Victoria joint venture with Currie Rose Resources and the Nyakufuru joint venture with
    Resolute Mining (all in Tanzania) and the Zara joint venture in Eritrea. The company holds an equity
    interest in Currie Rose Resources Inc with allocation of 7.6million shares in Sunridge Gold Corp.
    About Mabale Hills
    The Mabale Hills project consists of six licenses and one application covering 261 square km.
    The licences are characterised by steeply dipping, highly deformed banded ironstone formations (BIF's)
    surrounded by acid volcanics, with granitoids to the west and east. Gold mineralisation has been
    identified in quartz veins and disseminated in BIF's and cherts. Previous exploration has generated a
    number of significant drill targets including the colonial Mwamazengo gold mine and the Sisu River
    anomaly that lies along strike for the +500,000oz Kitongo gold discovery owned by Canadian company
    Iamgold Corporation.
    Figure 1: Mabale Hills Project location
    Competent person statement
    The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is
    based on information compiled by Mr M R Griffiths, who is a Member of The Australasian Institute of
    Mining and Metallurgy. Mr Griffiths is a full-time employee of Sub-Sahara Resources NL. Mr Griffiths has
    sufficient experience which is relevant to the style of mineralisation and type of deposit under
    consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in
    the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and
    Ore Reserves’. Mr Griffiths consents to the inclusion in the report of the matters based on his information
    in the form and context in which it appears.
 
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