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Bezant Resources starts testing for drill programme in Zambia

A drill contract has been signed and a rig is due to be mobilised in the coming days

Bezant Resources PLC -
Zambia is copper-rich

 

Bezant Resources PLC (LON:BZT) has started target testing for its maiden drill programme at the Kalengwa exploration project area in Zambia.

The 800m programme at Kalengwa will test the first two priority exploration targets for copper based on a review of extensive historic exploration datasets

Kalengwa SW2, the first of the targets, has indicated strong coincident magnetic and copper geochemical anomalies that straddle the major Kalengwa Lineament structure 2.5km southwest from a former mine

Minemba, meanwhile, is located on a structural 'mirror image' of the Kalengwa mine setting just 4km distant, with a coincident copper geochemical anomaly

A drill contract has been signed and a rig is due to be mobilised in the coming days, Bezant added.

Colin Bird, Bezant’s executive chairman, said: "The whole of the Kalengwa area is highly prospective for copper discovery with numerous anomalies identified for follow-up through detailed integration of historic data sets.

"Just 2.5km to the south of the former Kalengwa open pit a coherent geochemical, geophysical and structural anomaly has been targeted for drilling with several holes.

" A further strong drilling prospect has been identified at Minemba some 4km north of the open pit, which shows promise to be a structural mirror image of the former pit with scope to be identified.

“We are very excited about the underlying fundamentals of Kalengwa and will progressively pursue our exploration with the aim of selecting the best targets with the greatest prospect to produce a world-class copper deposit."

Bezant has a 30% interest and is operator at the 974 sq km exploration licence 24401-HQ-LEL in The Republic of Zambia.

Quick facts: Bezant Resources PLC

Price: 0.2022 GBX

AIM:BZT
Market: AIM
Market Cap: £7.71 m
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