Cobre Ltd (ASX:CBE) has identified a “consistent and significant” copper anomaly during aircore and reverse circulation (RC) drilling at the Tlou target within its Kitlanya West (KITW) Project on the northern margin of the Kalahari Copper Belt (KCB) in Botswana.
The 2.5-by-1-kilometre anomaly was uncovered in 16 widely-spaced shallow RC drill holes at the base of cover and upper bedrock, with core samples returning up to 165 parts per million (ppm) copper and up to 1,530 ppm copper, respectively.
While copper was the prominent metal featured in the samples, minor chrysocolla mineralisation was also seen in one of the samples, along with a clearly defined zinc and lead halo surrounding the anomaly.
RC drill hole results coloured by bedrock copper with the Tlou target highlighted.
Results validate Botswana strategy
“I am extremely pleased with the findings from our ongoing drilling activities at the Kitlanya West project in Botswana,” Cobre chief executive officer Adam Wooldridge said.
“The identification of a consistent and significant copper anomaly associated with the Tlou Target (NYSE:TGT) provides further support for the copper potential in the 2,000 square kilometres project area.
“Tlou is in a high-priority setting for structurally controlled mineralisation associated with folding of target stratigraphy.
“The confirmation of copper in bedrock and base of Kalahari samples provides a strong indicator for underlying mineralisation.
“Overall, these findings demonstrate the excellent prospects of KITW outside of the Ngami Copper Project and further validate our exploration strategy in Botswana.
“We look forward to updating the market with further RC results as we test new areas across the KITW project as well as a diamond drilling campaign to identify the source of copper mineralisation at Tlou.
“Finally, we remain dedicated to maximising shareholder value and are excited about the future prospects as we advance towards the next phase of exploration to unlock the district-scale opportunities in the Kalahari Copper Belt of Botswana.”
Further drilling activities
With more than 71 shallow RC holes drilled into bedrock, Cobre’s ongoing 10,000-metre aircore and RC drilling campaign is 50% complete.
If all goes according to plan, the RC program will be completed in the next two months.
The results will then be combined with the recently-completed soil sampling and the ongoing airborne gravity gradient (AGG) survey being conducted in collaboration with Sandfire Resources Ltd, to generate a set of priority targets.
Follow-up drilling designed to identify the source of the anomalous copper at Tlou will include infill RC drilling and a target-focused 1,500 metres of diamond drilling.
The Tlou drilling will be carried out in parallel with the regional RC drilling.
Read more on Proactive Investors AU
