Pan African reports on Botswana

Pan African Mining Corp., which has approximately 5500 sq. km. of diamond licenses in Botswana, has now received independent Technical Reports in accordance with N.I. 43-101 on its Okavango and Tsau diamond projects in Botswana.

According to the company, the reports were prepared by Dr. Peter A. Christopher, P.Eng., of Vancouver-based PAC Geological Consultants Inc. Both projects are 100% owned by PAM Botswana (Pty) Ltd., a 99.93% owned subsidiary of the Company, and are included among assets to be transferred to African Queen Mines Ltd., a newly formed subsidiary of the Company, in accordance with the Plan of Arrangement among Asia Thai Mining Co., Ltd., 0819615 B.C. Ltd., the Company and African Queen. The Plan of Arrangement is pending approval by the securityholders of the Company at a special meeting scheduled to take place on June 25, 2008.

The Technical Reports cite the prospectivity of both the Okavango and Tsau projects for diamonds, noting the convergence of favourable geochemical and geophysics data from such projects.

Asia Thai Mining Co., Ltd. (ATM) is a holding company incorporated in Thailand. ATM, either directly or through affiliated companies has extensive experience in the development and operation of mining interests, in particular in respect of coal mining interests.

Source : http://www.panafrican.com/

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