Ngami Project in Botswana

Cobre intersects more copper mineralisation at Ngami Project in Botswana

Cobre Limited (ASX:CBE) reports the third intersection of copper mineralisation from its ongoing drill program on Kalahari Metal Limited’s (KML) NCP licenses.

The company reports further copper mineralisation has been intersected in drillhole NCP09 at the Ngami Copper Project (NCP) in the Kalahari Copper Belt (KCB), Botswana.

Cobre notes that based on visual estimates, confirmed with pXRF readings, drillhole NCP09 has intersected a 15m zone of copper mineralisation starting from 106m downhole.

Mineralisation consists of malachite, chrysocolla and fine-grained chalcocite which include vein, fracture fill and fine-grained mineralisation along bedding and foliation planes.

The mineralised zone is steeply dipping and expected to sub-crop under about 65m of cover.

The hole is still in progress having intersected further (minor) copper mineralisation in veins as well as tight folding.

Commenting on initial drilling results, Cobre Executive Chairman and Managing Director Martin Holland said: “The ongoing hole further illustrates the strike length of intersected copper mineralisation in this exciting target which remains open-ended.

“The footprint of mineralisation … is very much in-line with known deposits in the Kalahari Copper Belt”

The footprint of mineralisation, which now extends over more than 3km, is very much in-line with known deposits in the Kalahari Copper Belt.“

Drillhole NCP09 targets the southwestern extension of anomalous mineralisation intersected in NCP08, NCP07 and historical drill hole TRDH14-16a (2m @ 1.8% Cu and 8 g/t Ag), located over a strike length of 3km.

This initial drill program was designed to test the first of 57 ranked targets across KML’s extensive license holding on the relatively unexplored northern margin of the KCB.

Proving the occurrence of a significant strike length of copper mineralisation highlights the potential of this district to deliver new discoveries.

Drillhole NCP09 is located 1km southwest of NCP08, testing for further strike extensions to significant chalcocite mineralisation intersected in NCP08. Together with holes NCP08, NCP07 and TRDH14-16a, a total of 3km of mineralised strike length has now been established.

All of the holes target mineralisation associated with the redox contact between oxidised Ngwako Pan Formation red beds and overlying reduced marine sedimentary rocks of the D’Kar Formation on the northern limb of an anticline structure.

Images: Cobre Limited
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.