VDM Group Limited announced that it has received the chemical assay results from ALS for the first phase of drilling at the Company's Cachoeiras do Binga (CdB) Copper Project in Angola (65% owned in VDM). The CdB Project is located east of the regional capital and coastal city of Sumbe (airport and port) and approximately 385 km south of the Angolan capital city of Luanda. The CdB Project covers 3,854kms and is approximately 32kms from East to West and 129kms from North to South. The Phase One Drilling Program comprised a total of 41 diamond core holes for a cumulative total of 3,903 metres. Twenty (20) holes were drilled in Areas 1, 2 and 3 to verify historical information; whilst twelve (12) holes were drilled in Area 4 and nine (9) holes in Area 5 and were aimed at investigating targets generated from geological mapping, geochemical and geophysical information. A total of 843 samples were collected from the half cores of the mineralised intervals and boundaries. The samples were crushed before being sent to ALS in Guangzhou, China for analysis. Assays results returned reflect that twenty (20) of the forty-one (41) holes contained mineralisation grading better than 0.5% Cu. And that the mineralisation generally was intersected in zone that extends from surface to 50m beneath surface. Better assays include: 6.35m @ 3.66% Cu from 47.1m, including 2.95m @ 6.5% Cu from 49.5m in Hole 6 (located in Area 3); 8.67m @ 2.94% Cu from 47.5m, including 1m @ 4.6% Cu from 50.5m in Hole 7 (located in Area 3); 8.2m @ 1.71% Cu from 50.9m in Hole 26 (located in Area 3); and 4m @t 2.13% Cu from 34m in Hole 16 (located in Area 4). Further assays with composites to be carried out for determining the contents of cobalt, gold and silver. Planning for the second phase of drilling at CdB is underway and can be expected to build upon the success of the first phase. The second phase of drilling is expected to comprise a further 10,000m of diamond drilling, utilising four rigs. This second phase is expected to commence in early May 2019 weather permitting.