14 Jul Cobre unearths “consistent and significant” copper anomaly at Kitlanya West’s Tlou target
Cobre Ltd (ASX:CBE) has identified a “consistent and significant” copper anomaly during aircore and reverse circulation (RC) drilling at the Tlou target within its Kitlanya West (KITW) Project on the northern margin of the Kalahari Copper Belt (KCB) in Botswana.
The 2.5-by-1-kilometre anomaly was uncovered in 16 widely-spaced shallow RC drill holes at the base of cover and upper bedrock, with core samples returning up to 165 parts per million (ppm) copper and up to 1,530 ppm copper, respectively.
While copper was the prominent metal featured in the samples, minor chrysocolla mineralisation was also seen in one of the samples, along with a clearly defined zinc and lead halo surrounding the anomaly.
Results validate Botswana strategy
“I am extremely pleased with the findings from our ongoing drilling activities at the Kitlanya West project in Botswana,” Cobre chief executive officer Adam Wooldridge said.
“The identification of a consistent and significant copper anomaly associated with the Tlou Target provides further support for the copper potential in the 2,000 square kilometres project area.
“Tlou is in a high-priority setting for structurally controlled mineralisation associated with folding of target stratigraphy.
“The confirmation of copper in bedrock and base of Kalahari samples provides a strong indicator for underlying mineralisation.
“Overall, these findings demonstrate the excellent prospects of KITW outside of the Ngami Copper Project and further validate our exploration strategy in Botswana.
“We look forward to updating the market with further RC results as we test new areas across the KITW project as well as a diamond drilling campaign to identify the source of copper mineralisation at Tlou.
“Finally, we remain dedicated to maximising shareholder value and are excited about the future prospects as we advance towards the next phase of exploration to unlock the district-scale opportunities in the Kalahari Copper Belt of Botswana.”