Daily Archives: January 30, 2018

Komet Reports 185 and 149.6 g/t Au from Grab Samples within the Guiro Mine

QUEBEC CITY, Jan. 30, 2018 (GLOBE NEWSWIRE) — Komet Resources Inc. (“Komet” or the “Company”) is pleased to announce a gold discovery 4km from the Guiro mine and the development of a new unmined shoot at the mine.

New Gold Zone

Komet geologists’ verification of three 40m deep gold diggers’ shafts, located about 4km northeast of the Guiro mine, revealed a quartz vein with a true width of 1.5m, oriented east-west, with a northward dip of 60 degrees. The vein has the same mineralogical composition and the same host rock limonitic alteration from weathering as the Guiro mine vein.

Sampling was carried out by Komet geologists in sealed bags directly from grab samples brought to surface by the gold diggers. The samples are random samples (3 grabs takes per composite sample). These grab samples are indicative but not representative of the grade of the gold structure.

Table of results of the grab samples:

Samples Description Au g/t
201 806 870 White quartz vein with black minerals bands, bearing limonite, hematite and pyrite 47.0
201 806 871 White quartz vein with black minerals bands, bearing limonite, hematite and pyrite 7.08
201 806 872 White quartz vein with black minerals bands, bearing limonite, hematite and pyrite with rare banded hematite 13.9
201 806 873 White quartz vein with hematitic alteration and disseminated hematite and pyrite 12.4
201 806 874 White quartz vein with hematite stringers with disseminated limonite and pyrite 9.89

New underground zone at the Guiro mine.

During the development in the western sector of the mine (see the October 23, 2017 press release), the Level 3 west gallery intercepted the junction where the 210/80 oriented shear cuts the Guiro vein (270/60).

In this sector the Guiro vein is hardly perceptible due to the shear that displaced the main structure. However, the operators noted the presence of thin centimetric quartz veins with gold mineralization, grading up to 120 g/t over 1.2m obtained from jackleg drill holes.

Table of the best results over 1.2m (true width) from jackleg drill holes:

Samples Au g/t
201 706 564 120.0
201 706 574 10.1
201 706 575 31.8
201 706 581 110.0

In order to better characterize this zone, several grab samples were taken from the roof, the wall and the sludge surrounding these thin chloritized white-pink quartz veins.

Summary of the best results of the grab samples:

Samples Au g/t
201 706 611 72.5
201 706 612 47.0
201 706 614 17.0
201 706 615 22.7
201 706 616 11.7
201 706 617 14.7
201 706 618 149.6
201 706 621 17.6
201 706 646 13.4
201 706 647 82.7
201 706 650 63.1
201 706 651 60.3
201 706 635 12.6
201 706 641 27.7
201 706 642 26.8
Samples Au g/t
201 706 655 26.9
201 706 658 185.0
201 706 661 13.5
201 706 667 10.5
201 706 668 11.6
201 706 669 52.3
201 706 670 12.5
201 706 672 67.4
201 706 677 12.6
201 706 680 50.6
201 706 684 16.5
201 706 687 13.9
201 706 692 16.5
201 706 693 14.5

The chimney to which the current development of level 3 is oriented, theoretically lies 25m farther west and has already been intercepted by the Gu2015dd04, 06, 32 and 35 diamond drill holes who show metric grades reaching 31.1g/t Au (see the September 10, 2015, press release for more details).

Table of the survey intercepting the chimney:

Survey From (m) To (m) g/t Au Span (m) True width (m)
Gu2015dd04 125.33 127.28 5.81 1.95 1.69
Gu2015dd06 80.60 83.40 2.05 2.80 2.42
Gu2015dd32 149.00 149.66 8.73 0.66 0.57
Gu2015dd35 105.45 106.80 31.1 1.35 1.17

This chimney is at least 50m wide at level 3 and continues to level 2 and 4 and should have, between these levels, a 60x50x2m size.

Guiro Mine Exploration

The sinistral offset of the Guiro structure, along the 210-degree shear in the west section of the mine, implies that this type of displacement might be present in the eastern sector, involving the displacement of the Guiro vein to the north and thus opening up new exploration targets northeast of the Guiro mine.

Mr André Gagné, president and CEO declare: “After a discovery south to the Guiro vein (see the may 25, 2017 press release), we now have a new vein to the north which is also similar to the Guiro vein. The exploration activities will hence be intensified in the next few weeks; it appears that the historical exploration data is getting confirmed.”

The grab samples assays reported were obtained by standard 30 grams fire-assaying-AA finish or gravimetric finish at the Company’s mine site laboratory. Quality Assurance/Quality Control and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43–101 and industry best practices, including the introduction of standards or blanks with every batch of 3 samples analyzed.

The diamond drill holes samples from 2015 were analyzed by the SGS Lab in Ouagadougou using fire assay followed by atomic absorption spectrometry.

More information about the corporation is available at: http://kometgold.com.

Investors relations and information: André Gagné, President and CEO 581-300-1666 / a.gagne@kometgold.com  / Skype: andregagne11

Jacques Marchand, P.Eng. P.Geo., is the Qualified Person who has reviewed this news release and is responsible for the geological information presented herein.

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains statements that may constitute “forward-looking information” or “forward-looking statements” as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Komet’s control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated resources, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Komet. The forward-looking information is based on the estimates and opinions of Komet’s management at the time of the publication of the information and Komet does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ccdd8280-c01e-4a86-a03b-ce1c316c11b1

AFRICA SHOULDN’T BE DISTRACTED BY TRUMP’S DEROGATORY REMARKS, SAYS THABO MBEKI

ADDIS ABABA, Former South African president Thabo Mbeki says Africa should not be distracted by United States President Donald Trump’s alleged derogatory remarks about people of the continent.

Mbeki was speaking to the South African Broadcasting Corporation (SABC) in Addis Ababa Monday on the sidelines of the 30th African Union (AU) Summit. The two-day summit ended Monday.

In contrast to the harsh remarks, Trump wrote a letter to the AU wishing a successful summit meeting and saying the US profoundly respects the partnerships and values it shares with the AU, its member States and citizens across the continent.

Mbeki says Africa should conduct itself with dignity.

We should be big enough to understand that you know you would have people like that even if they hold positions in important countries like United States who’ll say things that are not that intelligent,” Mbeki said.

“We shouldn’t be so distracted about that because we know that we are not that thing, this unpronounceable word; we’re not that and then let’s conduct ourselves with dignity and not be disturbed.”

Source: NAM NEWS NETWORK

UN Security Council Renews CAR Arms Embargo, Threatens More Sanctions

The U.N. Security Council on Tuesday renewed an arms embargo against the Central African Republic for another year and added criteria that could lead to new sanctions.

The French-sponsored resolution passed unanimously.

Along with extending the arms embargo, it condemns using religion or ethnicity to incite violence. It says anyone who carries out such crimes will face sanctions.

“Acts of incitement are a scourge for CAR and are at the root of violence that has resulted in too many victims among civilians and blue helmets [U.N. peacekeepers],” French Ambassador Francois Delattre told the Security Council. “There will be no lasting peace in CAR if these acts of incitement continue, and the council will shoulder its responsibilities.”

Violence has plagued CAR since Muslim rebels overthrew the Christian president in 2013.

Christians retaliated, leading to the deaths of thousands on both sides and sending hundreds of thousands of Muslim refugees fleeing for their lives to Cameroon and Chad.

Source: Voice of America

Afghanistan Calls on Trump to Not Deport Afghans

KABUL Afghanistan is asking the U.S. government to stop deporting Afghan nationals, saying it has no repatriation agreement with the United States.

“We did not sign any such agreements with the United States of America,” Ahmad Shekib Mostaghni, spokesperson for the Afghanistan Ministry of Foreign Affairs, told the VOA Afghanistan Service. If there were such an agreement, Mostaghni said, it would have been made by the nation’s Ministry of Refugees and Repatriations, which he said handles all immigration issues.

“So, since they are not aware of such an agreement, I can officially confirm that we MoFA did not ink any deal with the U.S in this regard,” Mostaghni said.

Ministry of Refugees and Repatriations adviser Hafiz Ahmad Miakhel also insisted that his government has not approved a repatriation agreement and said the ministry is asking for a halt to all deportations. “Ongoing war has been forcing people to leave Afghanistan,” he said in an interview. “We are a country still at war, and our people need to be helped rather than deporting.”

The European Union entered into a repatriation agreement with Afghanistan in October 2016 to pave the way for the return of failed Afghan asylum seekers. In addition, Germany, Sweden and Finland have country-to-country agreements.

When VOA asked U.S. Immigration and Customs Enforcement if the United States has such an agreement, spokesman Brendan Raedy provided a written response:

“International law obligates each country to accept the return of its nationals ordered removed from the United States. The United States itself routinely cooperates with foreign governments in documenting and accepting its citizens when asked, as do the majority of countries in the world.”

Afghan deportations

Deportations from the U.S. were down overall in 2017, but an analysis of the data by National Public Radio shows that if the Latin American countries which make up some 90 percent of repatriations are not counted, deportations to the rest of the world were up by 24 percent.

“Deportations to Brazil and China jumped,” NPR reported. “Removals of Somalis nearly doubled. Deportations to Ghana and West Africa are up more than two times.”

Afghanistan is no exception. ICE statistics show the number of Afghans deported rose sharply last year from 14 in fiscal year 2016 to 48 in FY 2017.

“Dozens of Afghan immigrants or asylum seekers have been deported to Kabul since [U.S. President Donald] Trump took the power,” Miakhel said. “In April 2017, we received a group of 21 deportees of different ages.”

Miakhel said there was not much clarity about the reasons for the deportations. “We were told that some of the Afghan deportees were not qualified to seek asylum in the U.S.; some of them may have posed a threat to the U.S. national security or may have committed crimes.”

The United States has an estimated 14,000 troops in Afghanistan assisting, training and equipping the Afghan National Security Forces to defeat Taliban, Islamic State and other insurgent groups.

According to the U.N. High Commission for Refugees, more immigrants and refugees hail from Afghanistan than any other country except Syria. Some 2.7 million Afghan immigrants and refugees are under UNCHR protection worldwide, most of them fleeing violence and insecurity.

Source: Voice of America

Minister Siyabonga Cwele opens Liquid Telecom’s SA Data Centres in Midrand, 30 Jan

The Minister of Telecommunications and Postal Services Dr Siyabonga Cwele is scheduled to officially open Liquid Telecom’s SA Data Centres in Midrand, Johannesburg, later today.

The investment by Liquid Telecom is in line with the objectives of the National Integrated ICT Policy White Paper which seeks to encourage the growth of the local data centre market through public and private sector partnerships.

The policy envisages that spreading data centres across the country would facilitate the proliferation of specialist ICT skills in all provinces and the entry of new players into the market.

SA Data centres operates two facilities, one in Johannesburg and another in Cape Town. Minister Cwele will be at the Johannesburg facility.

Source: Government of South Africa