Electra Battery Materials Corp. V.ELBM

Drilling underway at Nkout

[bigchris33]

https://www.investegate.co.uk/Article.aspx?id=201007270700129584P

"July 27, 2010, African Mining Inc. ("African Aura" or the "Company") the TSX-V (AUR) and AIM(AAAM) listed exploration to production company with divisions focusedon iron ore and gold in sub-Saharan Africa announces that a first phase4,200m initial resource definition drilling programme commenced on 25thJuly 2010 at the Company's 100% owned Nkout iron ore project insouthern Cameroon.

Highlights:

· Initial 10 hole 4,200m resource drill programme underway at Nkout in Cameroon

· Nkout is defined by an 8km long geophysical target that is co-incident with a range of hills

· A further 12km of iron ore targets have been identified around Nkout based on the recently completed geophysical survey

· Previous grab sampling at Nkout has returned up to 68% Fe and averaged 55% Fe

· Nkout deposit is strategically well located in an emerging iron ore province:

o 2.5 billion tonne Mbalam iron ore deposit (located 150km to the south east)

o Close to the proposed rail route to a port which will service the Mbalam deposit

Luis da Silva, President & CEO of African Aura commented:

"Having recently announced the highly encouraging results from theairborne geophysical survey at Nkout in southern Cameroon, it is verypleasing to already be commencing the initial resource definition drillprogramme. The current 10 hole programme is designed to refine thegeological model and to progress the project towards a maiden iron oreresource in 2010. Drilling will then continue within the currentapproved budget up to a total of 8,000m as part of the phase 2programme. We look forward to updating shareholders on progress in due course during 4Q 2010.""