Arcadia Minerals (ASX:AM7) reports that its drilling contractor Hammerstein Mining and Drilling completed a 551m RC drilling program for 10 drill holes at the Karibib Copper-Gold Project in Namibia.
The diversified exploration company, which is targeting a suite of projects aimed at tantalum, lithium, nickel, copper and gold in Namibia, notes that the drilling program consisted of 10 drillholes drilled at a -60 and -75 degree inclination and at varied azimuths and depths dependent on the inferred geometry and geology of the targeted zone.
Visual mineralisation was successfully encountered in drill holes KRC01, KRC02, KRC03, KRC07, KRC09, KRC10, KRC11, and KRC13. As a consequence, an additional hole was drilled to intersect mineralisation at deeper depth.
Arcadia Minerals reports drilling only covered a 3km x 1km section of the 20km x 2km metasedimentary structure previously defined by a grab sampling program.
On the 7 September 2021 the company announced results from a grab sampling program over an inferred 20 km x 2 km metasedimentary structural feature.
This structure contains similar geology than that encountered at the nearby Navachab Mine (5.3MozAu)
This structure contains similar geology than that encountered at the nearby Navachab Mine (5.3MozAu) and by various other explorers for gold mineralisation in the area, such as Osino Resources which developed its Twin Hills prospect (located 45km also within the Karibib gold belt) to contain a Mineral Resource of 2.1MozAu.
Following the receipt of the high-grade sampling results and newly attained knowledge of the geology of the area, the company conducted follow-up work by identifying locally occurring favourable geological settings which are likely to host diorite-proximal skarn- and vein-type mineralisation suitable for drilling.
Drill targets have been identified in the Gamikaub prospect and were drilled during the course of the last 10 days.
A ground-borne electro-magnetic survey at 50m grid spacing covering 2.25km x 0.7km at the Gamikaub prospect area is currently being conducted by Simmons Geophysics to delineate detailed structural features, which are considered to be associated with the mineralisation.
Arcadia Minerals notes the results may assist the Company to refine its understanding of the geological setting of Gamikaub and identify additional drill targets based on the results achieved to date.
Arcadia is a Namibia-focused diversified metals exploration company, which is domiciled in Guernsey.
Write to Adam Orlando at Mining.com.au
