Cobre Ltd (ASX:CBE) has uncovered further mineralisation at the Ngami Copper Project (NCP) in the Kalahari Copper Belt (KCB) in Botswana, this time intersecting an 18-metre zone of visible copper, including 9 metres of notable visual chalcocite mineralisation confirmed with pXRF readings.
This is the sixth intersection of copper mineralisation from the ongoing drill program to test the first of 55 targets across Kalahari Metals Ltd’s NCP licences, including in the unexplored northern margins of the KCB.
Significantly, drill hole NCP12 has defined a more-than 4-kilometre-long compelling copper target, confirming that mineralisation intersected in previous drillings continues laterally.
Plan view illustrating drill positions.
Further drilling ongoing
In addition to the primary bedding and cleavage-hosted intersection of chalcocite, intersections of vein-hosted cuprite mineralisation was also noted.
Further drilling to prove continuity of mineralisation along the newly-defined strike length is already underway.
These results will be reported along with upcoming laboratory assays for drill holes NCP07, NCP08 and NCP09 towards the end of the month.
Second drill mobilised
Cobre executive chairman and managing director Martin Holland said: “This is another significant result, providing confidence that the significant copper mineralisation intersected so far has lateral continuity along the extensive strike length of the target.
“We look forward to updating the market with further results from the 500-metre spaced drill program along with assay results as these become available. Given the success of the first six holes in this diamond drill program, the company is fast tracking exploration with a second drill rig mobilising to site.”