www.africanqueenmines.com
African Queen Mines Ltd. (TSX.V - AQ) is an exploratory resource company with diversified mineral properties in Southern, East and West Africa. It is exploring its properties in Botswana and Namibia for diamonds, and it is exploring its properties in Mozambique, Kenya and Ghana for gold and other metals.
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07/12/2012
Stocktube video - African Queen Mines's geologists "have never been more excited" about the company's assets
Irwin Olian, CEO of African Queen Mines, says the company's share price may be below its previous heady heights, but it is still 50% above the 2009 flotation price and the company has "never been more advanced than it is today, and its geologists have never been more excited."
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23/11/2012
Presentation (Presentation)23/11/2012
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Company Statement:
African Queen Mines Ltd. and its subsidiaries acquire, explore and develop mineral properties in areas of Africa deemed to have relatively high potential for mining success and relatively low political risk.
The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in Africa, initially focusing on exploration for diamonds in Botswana and Namibia, and gold in Mozambique, Kenya and Ghana. The Company has approximately 5,500 sq. km. of contiguous diamond licenses in Botswana and 6,200 sq. km. in Namibia, and is exploring for gold and metals in Mozambique, Kenya and Ghana under agreements with other companies.
The Company was incorporated under the laws of the Province of British Columbia, Canada on April 30, 2008 and received the southern African net assets in a spin off transaction related to the acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd. in June 2008.
The Company has offices in Vancouver, Canada and intends to engage in these business activities on a long-term basis.
Current Operations:

Gold & Metals Exploration
Mozambique
Exploration and development of prospective gold projects in Mozambique presently underway in the Tete province approximately 380 sq km of gold and other metals licences under agreements with two other companies and features the King Solomon Gold project in the center of the Fingoe Belt.
Please click on the projects below for more details:
King Solomon Gold Project
Ghana
The Company is aquiring approximately 28.9 sq. km. form Newmont Mining located within the Birim North District of Ghana’s Eastern Region, approximately 130 km. NW of Accra. It is at the northeastern end of Ghana’s well-known, gold-producing Ashanti Gold Belt, near Newmont’s Akyem deposit which is presently under development for potential production. It is also within approximately 100 km. of AngloGold Ashanti’s world-class Obuasi Mine and the old Konongo open pit gold mine. Approval by Ghana Ministry is pending.
Please click on the project below for more details:
Noyem Gold Project
Kenya
The Rongo Gold Field Project is situated in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. The Project is subject to an Earn-In and Joint Venture Agreement between the Company and Abba Mining Company Limited, pursuant to which the Company may earn up to an 85% interest in the Project, which is covered by a license encompassing approximately 112 sq. km., by funding prescribed optional stages from exploration through feasibility.
Diamond Exploration
Botswana
Botswana remains the world’s leading producer of gem diamonds. The Company's Tsau properties are strategically located close to two major surface concentrations of diamonds and G10 garnets in the vicinity of Omatako and Tsumkwe, to the west in Namibia.
Please click on the project below for more details:
Tsau Kimberlite Project
Namibia
The ground in Namibia has been acquired in order to investigate a group of bulls-eye magnetic and photo features, closely comparable to those typical of kimberlite clusters that straddle the Namibian-Botswana border.
Please click on the project below for more details:
Namibian Kimberlite Project
Management
Irwin Olian -Chief Executive Officer, President, Chairman and Director
Mr. Olian is an entrepreneur with a background in finance and law. During the past six years, he has developed a business as a self-employed private investment banker and business consultant to emerging companies, in fields ranging from biotechnology to high technology. His clients have included NASDAQ companies. He serves as chief executive officer of Famous Entertainment, Ltd., a privately-held independent motion picture company. Mr. Olian was a co-founder and principal shareholder of North American Scientific, Inc., a Los Angeles based manufacturer of radioisotope products for the medical industry, including seeds implanted for the treatment of prostate cancer. NASI has grown from a startup to a successful NASDAQ company. Irwin was the founder and served as CEO and Chairman of Pan African until its acquisition by Asia Thai Mining Co. Ltd. in June 2008.
Mr. Olian's prior finance experience includes a position as Senior Vice President, Investments, with Sutro & Co. Inc., an established investment banking and brokerage firm in San Francisco. He also served as Vice President of Bear Stearns & Co. Inc. Mr. Olian's legal experience includes a position as a Senior Attorney for Warner Bros. Inc at Burbank Studios, a position as business affairs executive with talent agency International Creative Management, and a position as a corporate attorney with Wyman, Bautzer, Rothman & Kuchel in Los Angeles, and Pillsbury, Madison & Sutro in San Francisco.
He graduated from Princeton University with an A.B. in Economics and received his law degree from Harvard Law School. Mr. Olian gained knowledge of the mining industry as a shareholder of a number of exploratory mining companies.
Jennifer Todhunter - Chief Financial Officer, Director
Ms. Todhunter has recently served as the Company’s VP Financial Administration, and prior to that served as the Finance Manager of both the Company and its predecessor, Pan African Mining Corp., since May 2005. Ms. Todhunter has extensive accounting and finance experience, dealing with the complexities of both private and public corporations. She has spent the last thirteen years working with public companies, predominantly those in the mining industry.
Gregory Sparks – Director
Mr. Sparks, a registered Professional Engineer, has been the principal of GBS PC, a mining consulting firm, since 1994. He has also been the General Manager of Genex Construction LLC, a heavy civil construction firm, since 2002. He was formerly Vice President, Development of Echo Bay Mines Ltd. from 1985 to 1993. Mr. Sparks has a B.Sc. in Mining Engineering from the Missouri School of Mines. Mr. Sparks devotes approximately 25% of his time toward the Company's affairs.
Dr. Edward A. Schiller – Director, Senior Geological Consultant, Diamond and Gemstone Programs
Dr. Schiller brings over 30 years experience in mineral exploration, project management, acquisitions, financing, joint venture negotiations and corporate governance to the Company. Born and raised in Winnipeg, Manitoba, he graduated with a degree in geology from Michigan State University in 1956, and obtained his Ph.D. in mineralogy at the University of Utah in 1963. Dr. Schiller was the Resident Geologist of the Northwest Territories Geological Survey of Canada from 1964-1966. He has lived and worked in Canada, the United States, England, Australia, Brazil, Columbia, and has conducted mineral exploration projects in several South and Central American, African and South East Asian countries, including Madagascar. Dr. Schiller has consulted for the United Nations on a gemstone project in Mozambique and a mining project in Greece. He has visited other countries on mining related projects, including Vietnam, Botswana and diamond mines in Yakutia, Russia and China.
Dr. Schiller is a former director of Dia Met Minerals Ltd., and is best known for supervising the drilling which led to discovery of the first diamond-bearing kimberlite at Pointe Lake in 1991 (now part of the Ekati Mine production). He has written extensively on the Lac de Gras diamond discoveries and has presented several papers on this subject at national and international meetings. Dr. Schiller writes for several Canadian and international magazines on mining and mineral exploration and maintains a consulting practice.
Dr. Andrew E. Moore, Ph. D. Geology - Senior Geologist, Vice President of Diamond Exploration
Dr. Andrew E. Moore, a South African national, received his Ph.D. in Geology from the University of Cape Town. He is a seasoned diamond geologist with over twenty years experience in Africa, having worked on major exploration projects for a wide range of companies including de Beers, Rio Tinto, Falconbridge and Trans Hex Group. Andy is well-known in the industry for his successful interpretations of kimberlitic indicator mineral anomalies in the Kalahari Desert environment of Namibia and Botswana, where he has been working most recently.
Major Shareholders
Shares Outstanding: 70,359,143
Options: 3,130,000
Warrants: 12,819,355
Fully Diluted: 86,308,498
Contact Information
African Queen Mines Ltd.
Suite 1450, PO Box 11553
650 West Georgia Street
Vancouver, BC
V6B 4N8
CANADA
Tel: (604) 899-0100
Fax: (604) 899-0200
Email: info@africanqueenmines.com
Corporate Information
Marketing Director - Vancouver
Lee Dunston
(604) 604-899-0100 ext. 5
lee@africanqueenmines.com
Corporate Communications - London
Carrie Howes
+44-7780-602-788
carrie@africanqueenmines.com























