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Xtract Resources PLC - London-based miner - Says reconnaissance diamond drilling of Kalengwa project, located in the north-western province of the Republic of Zambia, identified a shallow zone of semi-consolidated copper oxide mineralisation located just south of the old open pit. A reconnaissance diamond drilling programme of six short vertical holes was also completed by Xtract.
Chair Colin Bird says: "Our JV agreement for the Kalengwa pit area allows us to mine and process material 500 metres either side of the old open pit. The results from the hole completed and analysed are very encouraging - the material encountered may be free-digging, without the need to blast, thereby reducing extraction costs. Once fully processed, the results will be assessed with a view to establishing the extent of the mineralised zone and follow-up required to more fully delineate it."
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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