High grade copper results for Mawson West

24 December 2007 | 05:30 Code : 16354 Geoscience events
Diversified minerals exploration company Mawson West has received good copper....

  Diversified minerals exploration company Mawson West has received good copper results from its current round of drilling at the Katanga copper prospect in Africa.Latest results include 28m at 4.0% copper including 3.07m at 10.6% copper, and 10m at 4.1% copper. The high-grade Kapulo copper deposits are located 130km north-east of Anvil Mining’s operating high-grade copper/silver Dikulushi mine. Mawson West is earning 65% by spending US$4M over four years.MawsonWest has entered into a joint venture with Anvil Mining on the 5,500sqkm Kapulo project which straddles the border between Zambia and the Democratic Republic of the Congo.To date 15 holes have been completed.The latest results from hole 10 provide evidence that the current interpretation of a south plunging, high-grade, copper mineralised zone is sound.The thickness (approx 25-30m) of the mineralised zone has been remarkably consistent from drill section to drill section, with the grade increasing on each section towards the south. The results from hole 10 (28m at 4.05% copper including 3.07m at 10.6% copper) are the best to date and the next immediate holes will be on a section 40m to the south of hole 10, this will further test the interpreted southern plunge of highgrade mineralisation.Drilling is continuing, aimed at defining the first J.O.R.C. compliant copper resource for the Kapulo area in mid-2008.

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