Cobre Ltd (ASX:CBE) has struck more visible copper in the fifth diamond-drilled hole of an ongoing program at Ngami Copper Project (NCP) in the Kalahari Copper Belt (KCB) of Botswana, confirming that mineralisation continues at depth.
Step-out drill hole NCP11-B was designed to test the vertical continuity of copper mineralisation previously intersected by NCP08 which, along with NCP07, NCP09, NCP10 and historical hole TRD14-16a, have begun to delineate a sizable copper target of more than 4 kilometres in length.
NCP11-B struck a broad zone of visual copper extending over 78 metres downhole, with 16 metres of notable visual chalcocite (copper sulphide) and bornite (copper-iron sulphide) mineralisation, which included 7 metres of abundant chalcocite mineralisation confirmed with portable x-ray fluorescence (pXRF) analysis.
Cobre also observed several intersections of vein-hosted bornite and chalcocite mineralisation in the drill core.
Second drill rig to accelerate exploration
“We’re delighted with the results from the latest drill hole at NCP,” Cobre executive chair and managing director Martin Holland said.
“This important hole confirms that mineralisation continues at depth as well as laterally along more than 4 kilometres of proven strike.
“Given the significant copper results and strong exploration potential of the project, the company has mobilised a second drill rig to site with plans underway to deploy additional rigs to the project by year-end in order to unlock this exciting copper discovery at Ngami.”
This latest set of results from NCP11-B coupled with earlier observations from NCP08 has demonstrated that copper mineralisation extends from 65 metres to 315 metres of depth at Ngami, with 4 kilometres of strike to be explored.
Cobre has already begun infill drilling with a spacing of 500 metres on either side of NCP11-B, with a second drill rig to begin operation on-site in two weeks’ time.