Cheowa Cu-Au (ZRL) - Zambian Copperbelt (sitios de interés)

 

RESOURCE BASE 

Inferred as at Dec 2007: 2.9Mt* at 1.05% Cu and 0.22g/t Au

* on CC2: 1.2km strike of 13km total

 

PFS to be completed around June 2008

 

52nd Minesite Presentation May 2008  (slides 3-5)

http://www.zambeziresources.com/_content/documents/631.pdf 

 

49% Zambezi Resources Ltd

51% Glencore International AG

(51% after US$10M, 71% on BFS or additional US$10M)

http://www.zambeziresources.com/_content/documents/538.pdf (page2)
 

 

HISTORY

The first documented exploration of the Cheowa and Neningombwe prospects was by RMCC, which completed regional mapping in the early 1930’s. Exploration within the Cheowa shear zone is reported by later investigators, although details of this work are currently unavailable. In the 1960’s, Charteredex completed drainage and soil sampling surveys, sampling of old workings,geophysical surveying, trenching, and a programme of 11 diamond drillholes (Figure 8). Soil sampling defined an anomaly of greater than 200ppm Cu approximately 300m in width and extending for 14km along the shear zone. Sampling of RMCC shaft and adit cross-cuts returned up to 2.0% Cu over 3.7m and 2.2% Cu over 5.4m. Gold values varied from trace to 3.75g/t Au. At Neningombwe, narrow mineralisation exposed within adits included up to 0.34m averaging 6.0% Cu with gold up to 0.9m averaging 9.9g/t Au.Trench sampling over soil anomalies at Cheowa and Neningombwe identified up to 13.7m averaging 1.12% Cu and 3.8m averaging 1.11% Cu, respectively. Diamond drilling was completed at the Cheowa prospect with a best intersection of 2.96m averaging 5.41% Cu from 70m depth. Selective gold assaying of core containing in excess of 1% copper showed a maximum of 0.48m averaging 7.78g/t Au. Mineralisation was reported to remain open at depth

 

Cheowa Resources Zambia Ltd

100% subsidiary of Cape Resources Bermuda Ltd

100% subsidiary of Zambezi Resources Ltd 

 

 

 

-15° 40' 25.11", +29° 8' 44.96"