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and step out hole extends copper-vanadium-lead mineralisation along strike to the NE
Highlights:
- The second diamond drill hole completed at Nosib Prospect, NSBDD002, has produced exceptionally high-grade copper-lead-vanadium and silver intersections from surface, including:
- NSBDD002: 20.85m @ 2.0% Cu,1.54% V 2O5, 6.0% Pb, 7.7g / tAg (6.4%CuEq*) from 0m
- incl. 12.10m @ 3.2% Cu, 2.54% V 2O5, 9.8% Pb, 8.0g/tAg (10.3% CuEq*) from 0m
- incl. 3.00m @ 6.3% Cu, 7.82% V 2O5, 21.9% Pb, 6.4g/tAg (25.9% CuEq*) from 7.3m
- NSBDD002: 20.85m @ 2.0% Cu,1.54% V 2O5, 6.0% Pb, 7.7g / tAg (6.4%CuEq*) from 0m
*See copper equivalent (CuEq) calculation Appendix 1
- NSBDD002didnottesttheentiretargetzonedue to bogged drill-rods, but still intersected an overall zone of 45.7mdownhole/truethicknessataveragegradeof1.0%Cu,0.72%V2O5,2.8%Pb
- These exceptional diamond drillhole intersections are located within the shallow, supergene, zone of the Nosib deposit between previousvery-high-gradecopper,vanadium,leadandsilver intersections,including:
* NSBRC0102: 29m @1.54% Cu,1.19% V 2O5, 4.49% Pb, 6.97g/tAg (6.6% CuEq*) from 2m
- incl. 13m @ 2.83% Cu, 2.52% V 2O5, 9.18% Pb, 6.57 g/tAg (13.3% CuEq*) from 3m
- incl. 9m @ 3.66% Cu, 3.62% V 2O5, 11.9% Pb, 7.70g/tAg (18.4% CuEq*) from 3m
* NSBRC0071: 24m @ 1.33% Cu, 1.37% V 2O5, 4.77% Pb, 3.67g/tAg (5.0% CuEq*) from 3m
- incl. 10m @ 2.65% Cu, 3.12% V 2O5, 10.7% Pb, 7.79g/tAg (11.0% CuEq*) from 3m
- incl. 6m @ 3.67% Cu, 4.40% V 2O5, 14.9% Pb, 12.2g/tAg (15.4%CuEq*) from 6m
*See copper equivalent (CuEq) calculation Appendix 1
- In addition, diamond drillhole NSBDD004, a step-out hole to the northeast of NSBRC0071, has intersected “frequent pods and patches of malachite” (copper-carbonate) as well as copper- sulphide mineralisation from 24.5m to 46.5m (22mzone) with pXRF readings up to 4.4% copper
- Diamond drilling is continuing (NSBDD005) with a higher-capacity diamond drilling rig, testing down plunge of the previous intersection in NSBRC009² of 5m @ 2.58% Cu,18.8g/tAg from 61 m that indicates potential for a high-grade copper-silver sulphide zone at depth
- Diamond drilling is also planned to test down-plunge extensions of the very-high-grade Khusib Springs deposit, 15km east of Nosib, that previously produced 300,000t @ 10% Cu,584g/tAg3
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