Cobre Ltd (ASX:CBE) has started the next stage of drilling at the Ngami Copper Project (NCP) within the Kalahari Copper Belt (KCB), one of the most prospective copper belts in the world.
This initial phase of drilling is designed to test the first of several prospective areas identified on Kalahari Metals Ltd’s (KML) extensive license holding on the northern margin of the KCB.
The program comprises four diamond holes, planned to test for extensions to encouraging copper-silver mineralisation previously intersected at two separate historical drill targets.
Establishing that anomalous copper-silver mineralisation is laterally extensive in this initial program will provide significant motivation for the district-scale potential of this relatively unexplored portion of the KCB.
NCP and Kitlanya West – potential for a new copper district
The NCP is located near the northern margin of the KCB and includes significant strike of sub-cropping Ngwako-Pan / D’Kar Formation contact at which the majority of the known deposits in the KCB occur.
The project is immediately east of KML’s Kitlanya West licenses- collectively covering a significant portion of prospective KCB stratigraphy.
Locality map illustrating the position of KML’s projects in the KCB.
Historically, within the NCP project, two phases of diamond drilling intersected copper-silver mineralisation above the Ngwako-Pan/D’Kar Formation contact.
Intersections included 2 metres at 1.8% copper and 8 g/t silver and 5.2 metres at 0.7% copper, which are considered highly anomalous relative to typical background copper intersections along the KCB and may represent the halo of more significant mineralisation.
The upcoming drill campaign will focus on testing the lateral continuity of mineralisation intersected during previous drill programs.
The program will include four diamond core holes each about 300 metres in length, totalling ~1200 metres.
Ranked targets along drill tested and interpreted Ngwako Pan / D’Kar Formation contacts.
Cobre executive chairman and managing director Martin Holland said: “The Kalahari Copper Belt is one of the most prospective copper belts world-wide.
“This program represents the start of Cobre’s new strategy to open up the significant potential within KML’s extensive license holding on the northern margin of the Kalahari Copper Belt.
“We are thrilled to be recommencing exploration work with both our new KML CEO on board, as well as our experienced, Africa-based technical team, and look forward to providing updates on our exploration progress.
“Mitchell Drilling International have been commissioned to undertake the drilling and have already mobilised to site, with drilling expected to start shortly.
“We look forward to updating the market with results as they become available”.