Cobre discovered a third intersection of copper mineralisation from its ongoing drill programme on Ngami Copper Project licenses in the Kalahari Copper Belt (KCB) of Botswana.
It said based on visual estimates, drill hole NCP09 has intersected a 15metre zone of copper mineralisation starting from 106 m downhole.
Mineralisation consists of malachite, chrysocolla and fine-grained chalcocite which include vein, fracture fill and fine-grained mineralisation along bedding and foliation planes.
“The ongoing hole further illustrates the strike length of intersected copper mineralisation in this exciting target which remains open-ended,” Cobre executive chair and managing director Martin Holland said.
“The footprint of mineralisation, which now extends over more than 3km, is very much in-line with known deposits in the Kalahari Copper Belt.”
The Ngami Copper Project includes a large portion of a sub-cropping formation contact on which the majority of KCB deposits have occurred.
Cobre’s licence consists of more than 500 kilometres of prospective contact, divided into 57 ranked targets.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
Exclusive
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
