Ndola South (AfricanEagle) - Zambian Copperbelt (sitios de interés)

AREA

 

At the Ndola South target, geochemical soil sampling completed in late 2007 revealed an extensive low tenor copper anomaly associated with folded Lower Roan strata. 12km to the west, these rocks contain the Bwana Mkubwa mine, one of Zambia's oldest and richest copper mines, now owned by First Quantum Minerals.

 

The Company recently completed a programme of shallow (30-40m) Reverse Circulation drill holes to test the soil geochemical anomaly. Analysis of drill chippings, using the Company's field XRF analyser, indicates that there is up to 0.2% copper present in the leached saprolite derived from the target horizon. The drill samples have been submitted for assay to a certified laboratory.

 

The Company is currently conducting an Induced Polarisation (IP) survey of Ndola South and the results received so far show high chargeability at a depth of 50m or more beneath the soil geochemical anomaly. This suggests that stratiform copper sulphide mineralisation may exist at depth.

 

The Company considers Ndola South to be a significant exploration target and plans a series of deep drill holes once all the results of the IP survey have all been received and interpreted.