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@chrisjparrish
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#Gold executives who turned to #Copper say #Botswana will join ranks of important producers. "“I don’t want to exaggerate, but the best description is that this is an emerging #Copper belt” $SFR #MTR $MTR.L $CBE #KML https://miningmx.com/top-story/44909-gold-executives-who-turned-to-copper-say-botswana-will-join-ranks-of-important-producers/ via
@miningmx
.......................

After a brief spell in uranium, Munro relocated to a leafy suburb in Surrey in the UK where he’s worked in start-up projects, with perhaps the most successful being Khoemacau Copper Company in Botswana. Munro is an executive director on Khoemacau’s board, which is ultimately financed by international private equity. Ferreira is CEO.

The two are developing the most progressed new copper mine in Botswana’s so-called Kalahari copper belt, Khoemacau Copper Mine, a 65,000 tons (of copper metal) a year operation. Some $400m is being spent on project development costs.

“I don’t want to exaggerate, but the best description is that this is an emerging copper belt,” Munro says. In addition to Khoemacau, an Australian firm, Sandfire Resources, is spending $259m on a nearby mine, known as T3, that may eventually provide some synergies with Khoemacau. It could be the start of a major economic system for Botswana which is heavily reliant on diamond production.
https://t.co/v5sVyb2XnW?amp=1

$SAE.V Sable Resources
Sable Receives 103 g/t Au at the Newly Discovered Los Pumas Project and Defines Kilometric Au-Ag-Cu System
Canada NewsWire 48 minutes ago

VANCOUVER , Jan. 12, 2021 /CNW/ - Sable Resources Ltd. ("Sable" or the "Company") (TSXV: SAE) (OTCQB: SBLRF) is pleased to announce the first results of early reconnaissance geochemical sampling from its new Los Pumas project located in San Juan Province, 21 km south of Sable's Don Julio project.

Discovered through systematic follow-up of a large scale ASTER spectral anomaly, Sable's geologists collected a total of 254 rock samples over an extensive 6km by 4km area returning multiple high-grade values of up to 103 g/t Au, up to 2,650 g/t Ag, and up to 2.9% Cu with 48 samples returning over 1 g/t gold equivalent.

Assay Highlights:

Sample E01779 - 105.961 g/t AuEq (103 g/t Au, 130 g/t Ag, 0.90% Cu) Grab sample
Sample E13968 - 38.781 g/t AuEq (0.66 g/t Au, 2,570 g/t Ag, 2.81% Cu) Grab Sample
Sample E13967 - 36.864 g/t AuEq (0.577 g/t Au, 2650 g/t Ag, 0.70% Cu) Grab Sample
Sample E13807 - 28.638 g/t AuEq (0.506 g/t Au, 1935 g/t Ag, 1.70% Cu) Grab Sample
Sample E13945 - 17.654 g/t AuEq (11.05 g/t Au, 196 g/t Ag, 2.91% Cu) 0.2m Channel
Sample E13805 - 15.183 g/t AuEq (11.95 g/t Au, 53.7 g/t Ag, 1.84% Cu) Grab Sample
Sample E13900 - 9.647 g/t AuEq (2.4 g/t Au, 399 g/t Ag, 1.41% Cu) 0.1m Channel
Sample E13964 - 8.606 g/t AuEq (1.54 g/t Au, 423 g/t Ag, 1.04% Cu) 1m Channel
Sample E14000 - 6.627 g/t AuEq (0.302 g/t Au, 472 g/t Ag, 0.02% Cu) 0.5m Channel
Sample E13944 - 6.579 g/t AuEq (2.34 g/t Au, 28.9 g/t Ag, 2.81% Cu) 0.5m Channel
Sample E13997 - 6.200 g/t AuEq (4.25 g/t Au, 143 g/t Ag, 0.03% Cu) 0.5m Channel
Sample E01767 - 5.699 g/t AuEq (0.09 g/t Au, 145 g/t Ag, 2.68% Cu) Grab Sample

Los Pumas represents a brand-new grassroots discovery with no previous sampling or drilling in the vicinity, a clear product of our systematic approach to greenfields exploration. We are greatly encouraged by the large number of well-mineralised samples across such a broad footprint identified in our first field visits to the area," stated Ruben Padilla , President and CEO of Sable, who added, "Additional work, including soil sampling, trenching, geophysics and road constructions, will be required to fully define the real magnitude and characteristics of the system.
more.....
https://stockhouse.com/news/press-releases/2021/01/12/sable-receives-103-g-t-au-at-the-newly-discovered-los-pumas-project-and-defines

Latest news
Newsfile 17 hours ago

Pan Global Reports Further New Significant Drill Results at La Romana, Southern Spain

Strong copper mineralization in all three drill holes; One of the best holes to date from Hole LRD20 returning 26.5m at 1.29% Cu equivalent, including 11m at 2.31% Cu equivalent from near surface in the west; Hole LRD19 returning 15m at 1.44% Cu equivalent, including 1.75m at 6.41% Cu equivalent extending the high-grade zone in the east

Vancouver, British Columbia--(Newsfile Corp. - January 6, 2021) - Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the "Company") is pleased to report excellent results for an additional three drill holes (LRD19, LRD20 and LRD23) from the Phase 3 drill program at the La Romana target, in the Escacena Project. Results are pending for a further seven drill holes. La Romana is located approximately 6km southwest of the former Aznalcollar open pit mine in the Iberian Pyrite Belt, southern Spain.

Tim Moody, Pan Global President and CEO, states: "The drilling so far at la Romana has had a 100% hit rate with copper in every hole and the area of mineralization continuing to grow. The latest drill results are further confirmation the high-grade copper mineralization in the west shows excellent continuity from near surface to approx. 150m depth and is open both down dip and along strike. The results also show the very high grades associated with the massive chalcopyrite in the east continues and widens down dip to the north. The mineralization is open in all directions."

Mr. Moody added: "We are looking forward to resuming drilling this month with an additional twenty drill holes already planned aimed at significantly expanding the area of mineralization."

Highlights:

LRD19 intersected 15m at 1.44% CuEq (1.29 % Cu, 134ppm Co, 3.0g/t Ag) from 233m, including;
10m at 2.1% CuEq(1.90% Cu, 185ppm Co, 4.5 g/t Ag)from 234m

1.75m at 6.41% CuEq (5.84% Cu, 462ppm Co, 15.6 g/t Ag, 0.11g/t Au) from 236.25m

https://stockhouse.com/news/press-releases/2021/01/06/pan-global-reports-further-new-significant-drill-results-at-la-romana-southern

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