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Projects

Mumbwa - IRON OXIDE COPPER GOLD PROJECT

  • Interpretation of BHPB’s Falcon™ data with 3D inversions and the application of BHPB’s Solid Earth™ proprietary technology identified anomalous zones over the Kitumba Hills, Mutoya  and Mushingashi (previously 'the worm') prospects;
  • Initial discovery hole, S36-001, was drilled in February 2007 to a total depth of 697.4m, and intersected mineralisation yielding 655m at 0.46% copper, including:
    • 317m @ 0.79% Cu,
    • 18m @ 0.20g/t Au,
    • 42m @ 2.01% Cu, including
    • 4m @ 5.56% Cu.
    • Soil geochemical survey over drilled anomalies displayed elevated gold response over S36;
  • In December 2013, Blackthorn Resources reported a Measured and Indicated Mineral Resource containing 34.7 Mt at 2.29% Cu for a total of 795,000 t copper at a 1% Cu cut-off , including a Measured Mineral Resource of 10.4 Mt at 2.93% Cu for a total of 306,000 t copper at 1% cut-off.