🕐28.09.11 - 08:54 Uhr

BAOBAB RESOURCES [AIM: BAO] - TENGE/RUONI CONTINUES TO DELIVER





Fortbridge Media Release

Baobab Resources [AIM: BAO] - Tenge/Ruoni continues to deliver

Baobab Resources Plc (AIM: BAO) presents an update of activities at the Massamba Group iron / vanadium / titanium project where a 160Mt resource upgrade was announced on 30 August 2011, the first of three resource statement updates expected before the end of 2011. The Company continues to target a resource base of 300Mt of iron ore by the end of 2011.

HIGHLIGHTS

- Further positive results returned from the latest round of Ruoni North analytical data are consistent with those announced previously.
- Significant drill intercepts, up to 95m in length, report an average head grade of 33% Fe with saleable DTR concentrate grades averaging 59% Fe, 0.8% V2O5 and 12% TiO2 at a mass recovery of 39%.
- Consultant, Coffey Mining Pty Ltd, has commenced geological modelling of the Chitongue Grande Expansion area and the Ruoni North and Ruoni South blocks in preparation for resource statements scheduled for release in October / November 2011.

Commenting today, Ben James, Baobabs Managing Director, said: "The latest round of results confirms the robust continuity of mineralisation at the Ruoni North prospect. The Company looks forward to releasing further results from Ruoni North and South in the lead up to their respective resource statements."

Please find the full announcement on Baobabs website or at:

For further Information, please contact:

Baobab Resources PLC
Ben James: Managing Director Tel: +61 8 9430 7151
Jeremy Dowler: Chairman Tel: +44 1372 450529

Media/investors:
Fortbridge Consulting
Matt Beale Tel: +44 7966 389 196




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