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Cobre hits more visual copper at Ngami in Kalahari Copper Belt of Botswana

Published 03/08/2022, 10:03 am
Updated 03/08/2022, 10:30 am
© Reuters Cobre hits more visual copper at Ngami in Kalahari Copper Belt of Botswana

© Reuters Cobre hits more visual copper at Ngami in Kalahari Copper Belt of Botswana

Cobre Ltd (ASX:CBE) has extended the potential strike length of the Ngami Copper Project in the Kalahari Copper Belt of Botswana to 3 kilometres with a third diamond drill hole intersecting visual copper over a 15-metre interval.

While assays have not yet been completed and drilling is still ongoing, the company observed chrysocolla, malachite and fine-grained chalcocite mineralisation within drill hole NCP09.

This visually identified mineralisation extends the prospective mineralised footprint at Ngami 3 kilometres from historical drill hole TRDH14-16a (which held a copper interval of 2 metres at 1.8%), which remains open to the southwest and northeast.

Potential for more mineral growth

“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 3 kilometres, is very much in-line with known deposits in the Kalahari Copper Belt.”

Drill hole NCP09 is still in progress and has since intersected more chrysocolla on fractures as well as some intense geological folding. Cobre will complete the hole with a diamond drill rig.

About Ngami Copper Project

The Ngami Copper Project is on the margin of the Kalahari Copper Belt (KCB) and includes a large portion of a sub-cropping formation contact on which the majority of KCB deposits have occurred.

Cobre’s licence includes more than 500 kilometres of prospective contact, divided into 57 ranked targets. The project is strategically located near the basin margin, typically prospective for sedimentary-hosted copper deposits.

The tenure has defined gravity low anomalies, which are indicative of sub-basin architecture or structural thickening, several soil sample anomalies, and relatively shallow cover up to 60 metres thick across the project.

Read more on Proactive Investors AU

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