Mindale ('Nthale') Iron Ore: Magnetic Survey Completed
Britannia Mining is pleased to announced that it has completed a magnetic survey at the company's high grade iron ore project in southern Malawi.

The survey was conducted at the Nthale iron ore deposit ('Mindale') in preparation for a drilling program that is scheduled for Q4 2010.

The magnetic survey - taken over an area of 650 sq km, maps the Nthale project area and shows significant ore bodies beneath surface and also above-ground outcrop mineralisation.

Britannia Mining will release technical details about the geophysical and geological exploration at Nthale iron ore project during August 2010.

The Nthale iron ore deposit is based 22 kilometers to the north of Blantyre in southern Malawi. It rises 40 metres above the Chileka Plain and is located 7 kilometres from the nearest railway station at Lirangwe. The Nthale iron ore project is well served by logistical routes to the international steel market.

Nthale iron ore is a high grade 68% Fe ore, suitable as an input for Direct Reduction ('DR') pellets. Samples of Nthale iron ore have been tested by two MENA region manufacturers of DRI pellets. Nthale iron ore is confirmed as suitable for long term supply to DRI steel plants.
 
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