RNS25 Feb 2025 07:49
Kalayi Highlights: Expanding Potential with High-Grade Tin
· KBDD015: 3.3m at 1.77% Sn from 96.85m; 5.7m at 1.35% Sn from 147.90m (including 2.85m at 1.98% Sn); and
· KBDD016: 9.5m at 0.60% Sn from 126.45m (including 1.7m at 1.61% Sn)
Key Takeaways:
· Strong mineralisation continuity: Assay results confirm a pinch-and-swell system, with tin mineralisation remaining open beyond 250m depth.
· Final drill holes underway: Two additional shallower holes will complete the current drill programme.
· Assay results from two holes remain: Assay results from the southernmost hole and the deepest drilled to date at Kalayi are expected to show continuity of mineralisation on strike and at depth.
· Geological similarity to Alphamin: The system continues to show characteristics similar to Alphamin's Mpama South deposit, with potential for deeper high-grade mineralised zones.
· Depth extension strengthens resource potential: Tin mineralisation intercepted 80m below KBDD015 and KBDD016 is expected to materially enhance the resource potential, significantly expanding the known mineralised system.
· Tin market strength: With tin prices nearing ~US$34,000/t, these intercepts highlight the potential for economic mineralisation, particularly as drilling extends deeper.
Note: THIS IS NOT THE LARGE COPPER RNS WE ARE AWAITING…
“· Assay results from MADD018 at Mont Agoma, which intersected over 100m of visible copper mineralisation, are expected to be available shortly. This will be a critical test for the potential scale of copper mineralisation associated with the 2,000m copper in soil anomaly.”
Sign In
Follow the stocks
