Update of Exploration Results

26 Jan 2006 08:57

Pan African Resources PLC26 January 2006 26 January 2006 Pan African Resources PLC ("Pan African" or "the Company") Update of Exploration Results at the Bogoin Project in Central African Republic Pan African Resources PLC (AIM : PAF), the African based gold explorationcompany, announces the completion of the second phase of its regionalgeochemical soil sampling programme at the Bogoin Project ("the Project"), inthe Central African Republic ("CAR") and an increase in the total strike-lengthof the original soil geochemical anomaly from 5km to 7km. The second phase of the sampling programme covered an area of approximately 10kmin strike-length with an 800m-line spacing. Current work is now focusing oninfill sampling as well as extending the existing defined sampling grid. The Project is covered by an exclusive exploration license and is a jointventure between Pan African, International Mining Investments (IMI) and GoldiamSARL. Jan Nelson, Chief Executive Officer, Pan African stated, 'The increase in thestrike-extent is significant as it could indicate the potential of a large golddeposit. We continue our positive progress in the CAR and to focus our effortsin the right area of the Project" ENDS Enquiries: Pan African Resources Ambrian Partners Parkgreen CommunicationsJan Nelson, CEO Richard Brown /Emma Priestley Justine Howarth / Victoria Thomas+27 11 886 1211 +44 (0) 207 776 6400 +44 (0) 20 7493 3713Colin Bird, Chairman+44 (0) 20 7584 2155 www.panafricanresources.com This information is provided by RNS The company news service from the London Stock Exchange