Copper exploration company Noronex (ASX:NRX) has been granted new exploration prospecting licences (EPLs) on the ‘highly prospective’ Kalahari Copper Belt in Namibia, increasing the total granted licence area by 138%.
The Kalahari Copper Belt licenced area, which runs from Central Namibia to northern Botswana has increased from 2,368km-square to 5,637km-square.
Noronex reports that the newly granted Humpback and Damara licence applications (EPLs 8655, 8656, 8664, 8671, and 8672) are 100% held through Noronex’s Namibian subsidiary and work has begun on orientation geochemistry and logistics for targeting drilling.
The Humpback and Damara EPLs were granted by the Ministry of Mines following the environmental clearance certificate report.
Additionally, the company reports that structural targets are defined at the Blowhole prospect along strike from the recent Ngami intercepts of Cobre Resources (ASX:CBE) in Botswana. Cobre has reported several ‘encouraging’ intersections, including 10.7m @ 1.3% copper (Cu), currently defined over a 4km strike length.
Noronex reports its company’s tenements hold the Blowhole prospect where targets are defined on a sheared fold closure on a domal target.
a recent field visit in order to assess the logistics has tested multiple recent water bore holes completed within the area and confirms 70m of Kalahari sand cover
Additionally, the company states a recent field visit in order to assess the logistics has tested multiple recent water bore holes completed within the area and confirms 70m of Kalahari sand cover, in which a drill program can be completed with ‘favourable’ logistics.
Historical drilling at the Humpback Project’s Fiesta Prospect by Cupric Canyon in 2014 reported up to 8m @ 2.5% in EISEB20 from 127m. A further 15 historical holes were drilled in other parts of the new application areas.
Noronex is an ASX-listed copper company with advanced projects in the Kalahari Copper Belt, Namibia, and in Ontario, Canada that have seen over 180,000m of historic drilling.
Images: Noronex Ltd
