Castillo Copper Ltd (LSE:CCZ, ASX:CCZ) has identified multiple new targets with copper potential at the Mkushi project in Zambia.
The new targets were seen in the interpretation of induced polarisation IP survey results, which highlighted multiple zones of high chargeability coincident with known copper soil anomalies.
Significantly, according to Castillo, the geophysicist's interpretations suggests these are potential bodies of disseminated copper sulphide mineralisation and prime targets to test drill.
"The IP survey results from the Mkushi project are outstanding, especially as they throw off numerous potential targets to test-drill for copper mineralisation,” said managing director Dr Dennis Jensen.
“More significantly, it complements the results from the Luanshya project which has 14 identified primary targets.
“Moving forward, the board is now actively seeking to align with a strategic partner to fully develop the Zambian assets."
The survey comprised 40 pre-selected IP lines across some 54 kilometres to test soil geochemical anomalism.