RE: copper!!!28 Apr 2023 14:10
***exciting times for Copper in Zambia and TYM ***
These are exciting results, given the geological setting, the wide interval of mineralisation and given that the hole ended in mineralisation. RKN800 is one of just two holes known to have been drilled on the 700 sq km Mushima North licence area, the other hole being some 11km distant. Whilst it was not known at the time of drilling in the 1970's, RKN800 sits on the edge of, and may be related to, a large gravity anomaly identified by BHP. This was defined by BHP as a drill target for 1Iron-Oxide-copper-Gold (IOCG) stye mineralisation, but never drilled.
Details of this BHP target and other targets are contained in an independent assessment and targeting report which has just been delivered to the Company. This is currently under review and details will be released to the market as soon as possible, most likely in the form of a dedicated Project Focus presentation and news release, together with details of follow up exploration plans."