Bezant Resources PLC (LON:BZT) has confirmed copper mineralisation in the first two holes of its drill programme at the Hope copper-gold Project in Namibia.
Both holes encountered the targeted copper zone, with a 6-metre zone of indicated copper mineralisation logged in hole GOD002 from 172 metres (m) to 178m depth
Drill core samples will be sent for assay, to evaluate for copper, gold and other associated minerals, it added.
Next, the drill rig will test an anomaly to the north of the main Hope deposit.
"This is a promising start to our exploration and drilling programme at the Hope/Gorob Copper-Gold project,” said Colin Bird, executive chairman in a statement.
"The physical inspection of the newly drilled core at the Gorob prospect indicates well-developed copper mineralisation at the anticipated depths to be confirmed by assay. We are continuing with the programme to test other targets near the Hope deposit and we will shortly be updating our website with photographs from site.
"Copper prices continue to increase with reports on scarcity on new projects and increasing demand due to the EV global acceleration production," Bird added.