Australian Stock Exchange (ASX) listed, Microcap Tanga Resources has announced that it has uncovered more copper at its Hagenhof copper project in Namibia, with follow-up drilling intersecting grades up to 2.97 per cent.
The results by the miner, confirmed that mineralisation at Hagenfhof extends and remains open down plunge, which was further supported by ground magnetics identifying a strong anomaly southwest of the Main Gossan target.
The company said planning is underway for further drilling at Main Gossan, following completion of a ground electromagnetic survey.
“With the ground EM work to identify potential conductors at depth commencing shortly, followed by further drilling at Hagenhof, and exploration work at our Katerina Gold Project we have expect steady news flow for shareholders over the next few months,” Chief Executive Officer Matthew Bowles said.
This comes as another ASX listed ,Dreadnought Resources is confident that geophysical methods are effectively identifying volcanogenic massive sulphide mineralisation at its Tarraji-Yampi nickel-copper-gold project in the West Kimberley region of WA.
This comes after the second hole at the Chianti target intersected massive sulphides in the lower electromagnetic plate, following up on the first hole that encountered 12.7m of massive sulphides in the upper electromagnetic plate.
The company said the results highlight the potential for Chianti to contain additional non-outcropping mineralisation.
It will now carry out down-hole electromagnetic work while the rig moves to drill an Exploration Incentive Scheme co-funded diamond hole at the Grants copper-gold target.
Gold Mountain , another listed miner has started a drilling program at its Monoyal Creek copper-molybdenum porphyry prospect in Papua New Guinea to test anomalies generated by its soil, trench and mapping programs that were completed earlier this year.
The company will also carry out regional soil sampling along the structural corridor that hosts the Mongae Creek, Monoyal Creek, K-Lam and Sak Creek prospects to identify additional targets.
ASX listed ,Sky Metals is planning to carry out drilling to follow-up on recent rock chip sampling that highlighted the potential for extensions to the shallow, high-grade tin lodes at its Tallebung project in New South Wales.
Rock chip samples had returned results of up to 5.4 per cent tin, 1 per cent tungsten and 194 parts per million silver, which support recent drilling that hit up to 4m at 2.58 per cent tin.- stockhead