SouthernEra Resources has reported encouraging platinum group metals and nickel assay results from stream samples collected within the Monts de Cristal 'Kinguele' ultra-mafic complex in Gabon.

The Toronto and London-listed firm has exclusive exploration rights for three years for the Monts de Cristal site in northwestern Gabon, which covers 9,409 square kilometres.

SouthernEra has a 95 per cent interest in the project for all metallics except for gold where it has a 92.5 percent interest.

The 'Kinguele' ultra-mafic complex, which bears resemblance to several other dyke-like PGM mineralised intrusions, is the most likely host of pgm deposits.

SouthernEra's president and CEO, Patrick Evans commented: "We are pleased with our early progress at Monts de Cristal. These initial stream results together with Professor Maier's favorable interpretation of existing data are encouraging, and confirm the potential for Monts de Cristal to host a new economic pgm deposit.

"The nickel and copper potential of this complex and surrounding satellite bodies is also being assessed. Once all reconnaissance results are interpreted, a detailed follow-up program will be designed, including grid mapping and geophysical surveys, soil grid sampling, coupled with drilling and geological modeling."

Mr Evans added: "The area is supported by excellent infrastructure and the project is situated only 65 kilometres east of the nation's capital Libreville, which has a deep-water port."