PAN AFRICAN MINING CORP. (TSX VENTURE:PAF) (the "Company") is pleased to announce that it has now commenced its formal diamond exploration program in the field in Madagascar, under the direction of South African diamond geologist Jessica Schloemann. The primary objective of the program is the discovery of kimberlitic diamond sources. As a secondary objective, the Company will investigate the possibility of locating rich alluvial deposits and commercial deposits of other precious stones.
Through its operating subsidiary, PAM Madagascar Sarl, the Company holds 10-year research permits covering in excess of 3000 square kilometres in areas deemed prospective for diamond exploration in various regions of the country. These areas were identified based upon the geological history of Madagascar and presence of the cratonic core, as well as historic discoveries of alluvial diamonds and other kimberlite indicator minerals. Data from the BRGM, a French governmental research organization, and other historic sources were among tools utilised by the Company's geologists. Most of the Company's diamond claims were established in 2003 prior to the recent diamond exploration activity by other companies in Madagascar.
