White Metal Resources, Luxury Investments One Hundred and Ninety-Two, Kalahari Copper and Newco Management Team of South Africa have signed a non-binding memorandum of understanding to work together on examining small-scale production possibilities in Namibia.
The companies announced that the areas to be examined are covered by exclusive prospecting licences controlled by White Metal and Kalahari Copper. Luxury Investments, on the other hand, has been successfully running a small-scale mining operation in Namibia in close proximity to the EPLs held by White Metal and Kalahari.
These operations according to the companies have produced approximately 200 to 250 tonnes per month of copper concentrate in the past two years at a grade of 30 percent Cu.
“The parties will work in collaboration to see if the concept of small-scale mining would be effective on the Okohongo Cu-Ag deposit (White Metal) and any other prospects within the above mentioned EPLs,” the companies said in statement.
In parallel to these activities, Canada’s White Metal will advance other exploration campaigns in the country after it recently received the required Environmental Clearance Certificates for its Taranis and Altam properties from the Namibian government.
“I am very encouraged by the potential opportunities to develop small-scale mines within our licences and look forward to working with the group,” Michael Stares, White Metal’s interim president and CEO, said in a statement.
“We are also pleased to have received the EEC clearance from the Namibian Government as we can now begin implementing our planned work programmes and advance the properties.”
This comes as Canadian exploration and development company, Trigon Metals Inc’s 80 percent owned subsidiary, Trigon Mining (Namibia) (Pty) Ltd has been awarded a new Exclusive Prospecting Licence No. 7525 by the Ministry of Mines and Energy.
EPL 7525 has been awarded to Trigon Namibia for a three-year period, commencing on January 17, 2020, in respect of base and rare metals, industrial minerals and precious metals, subject to the terms and conditions of the Minerals (Mining and Prospecting) Act No. 33 of 1992 relating to exclusive prospecting licence.
EPL 7525 covers an area of 1,056.9964 hectares, situated to the west of Trigon Namibia’s Kombat Project and south of the Company’s Gross Otavi project. The Kombat Project, comprising three of the Company’s five active mining licences, is located on the northern limb of the Otavi Valley Syncline, localized immediately below the contact between dolostones of the Hüttenberg Formation and phyllites of the overlying Kombat Formation of the Mulden Group.
A series of copper-lead deposits have been mined on the Kombat property, localized within the 200m wide vertical to sub-vertical Fracture Zone. This Fracture Zone and the lines of mineralized bodies cut the northern limb of the Otavi Syncline at an angle causing a shallow plunge to the west. The extent and location of the Fracture Zone have been modelled from the data in the Kombat Project borehole database, which contains nearly 700km of borehole data.
The company believes that the area licenced under EPL 7525 holds significant upside potential for the Kombat project providing access to the area to the west of the Asis Far West shaft, where the geological model indicates there is potential for a westward extension of the Asis West mineralized zone.
Tanga Resources has also announced that it has just completed the first phase of an RC drilling programme at its Main Gossan North prospect in Namibia where three holes targeted a geophysical anomaly. A diamond rig will now move onto the Main Gossan prospect, where a drill hole last year snagged a 17-metre intercept grading 0.82 percent copper from 111m. Results from drilling are expected in the coming weeks.
Diamond drilling at the Main Gossan is planned to test the down-plunge extents of this significant copper anomalism, which lines up with an electromagnetic anomaly. The rig will head back to the Main Gossan North prospect after it finishes at Main Gossan for the second phase of RC drilling and it will then move onto the Main Gossan West, A1, A2, and Giftputs South targets.
These targets were identified from a recent ground magnetic survey and a series of surface and rock chip samples that were found to be anomalous in copper. Located in north-central Namibia, around 200 kilometres north-west of Windhoek, the Hagenof copper project sits within the prospective Damara Belt, where Tanga has secured a landholding covering 1,700 square km.
Following the acquisition of Hagenhof last year, the company teamed up with Epangelo Mining, the private mining investment arm of the Namibian government. During 2019, the JV partners completed a 3000m-plus maiden drill programme, which uncovered significant copper mineralisation at the Main Gossan target, where outcropping samples returned numbers such as 3.54 percent copper and 0.03 percent cobalt. – miningweekly.com