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Motapa-Namdeb Finalize Kavango Work Program.
Canadian Corporate News, March, 2007
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VANCOUVER, BRITISH COLUMBIA, Mar 26, 2007 (CCNMatthews via COMTEX) -- Motapa Diamonds Inc. (TSX VENTURE:MTP) is pleased to announce that a two year work program for the Kavango project in Namibia has been finalized with Namdeb Diamond Corporation (Pty) Limited ("Namdeb"). Namdeb has earned a 51% interest in the Kavango project by committing to sole fund this two year work program and can earn an additional 14% interest, for a total of 65%, by fully funding exploration and evaluation work to completion of a feasibility study.
The program contemplates a minimum expenditure ...
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