Saturday, May 18

Cobre sees in-situ copper mining opportunity at Ngami

–News Direct–

Cobre Ltd CEO Adam Wooldridge sat down with Proactive's Tom Warner to discuss its two major projects, Ngami Copper and Kitlanya West on the northern side of Botswana's Kalahari copper belt. The projects cover over 2,500 square kilometres of promising geological terrain, with Ngami Copper, recently yielding unexpected results.

While expecting to find high-grade zones, Cobre has instead discovered consistent moderate-grade mineralisation spanning tens of kilometres along the north and south limbs of an anticlinal structure. Cobra now believes its leveraged to develop an extensive in-situ copper mine at Ngami. With positive results in hand, Cobre plans to provide resource estimates, conduct pumping tests, and proceed with further drilling.

Wooldridge said: Our concept study results show that using ISCR technology to develop the laterally extensive copper mineralisation at NCP is highly promising.

The dominance of chalcocite mineralisation, well-defined fracture zones, groundwater table depth and less permeable seals running parallel to mineralisation all point to the effectiveness of this method.

If successful, ISCR could revolutionise the way we exploit significant strike lengths of moderate grade mineralisation at NCP, offering a cost-effective and environmentally friendly solution.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/cobre-sees-in-situ-copper-mining-opportunity-at-ngami-899075760

Cobre Ltd

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COMTEX_438235424/2655/2023-08-11T10:39:50

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