28 Nov Cobre reveals encouraging new copper targets at Kitlanya West in Botswana
Cobre Ltd (ASX:CBE) has fielded some promising outcomes from an extensive drill program at the Kitlanya West Project (KITW) in Botswana’s Kalahari Copper Belt (KCB).
The campaign, which ran from April to October of this year, included 187 holes of aircore and reverse circulation (RC) drilling, as well as soil sampling, collectively spanning some 12,000 metres.
It aimed to unearth anomalous copper at the bedrock contact below cover, while also delineating the underlying geology, stratigraphy and cover thickness across KITW.
These efforts were instrumental in pinpointing key structural positions with fold targets, particularly the Tlou target, and pointing the way to a significant area of anomalous copper and chrysocolla mineralisation.
Infill RC drilling at the Tlou fold target expanded the target size to 4 kilometres by 1.2 kilometres, with consistent anomalous bedrock copper results. The anomalies were linked with several anticlinal features’ hinge zones, suggesting sizeable fold-related trap-sites for copper-silver deposits.
Copper was associated with major structures, potentially serving as fluid pathways during deposit formation.
The soil sample results further corroborate these findings, taking into account the variations in cover thickness ascertained from drilling.
A larger analogue to the Tlou fold target, which was picked up in magnetic data, points to the likelihood of multiple similar targets in the area.
CEO Adam Wooldridge said:
“The KITW project offers enormous potential for new discoveries in the KCB. We’re particularly encouraged by the evidence of mineralisation associated with fold and shear targets which presents an opportunity for larger deposits.
“The new targets identified in the recent program provide compelling additions to our ongoing exploration on the northern KCB margin which has the scale to produce a new copper district. We look forward to providing further updates from the AGG results due shortly.”
The project has also shed light on copper anomalies along key structures and near the redox contact between various geological formations, outlining potential targets for future exploration.
The multielement soil sampling has bolstered the prospectivity of these targets, revealing coincident anomalies.
These encouraging results have laid the groundwork for Cobre to refine and follow up on a set of compelling targets, potentially positioning the northern margin of the KCB as a new copper district.