Bezant Resources PLC - copper-gold project developer - Reports that drill assay results for eight diamond drillholes testing near-surface copper mineralisation at the Gorob Prospect in Namibia have returned ‘significant’ intercepts.
These intercepts include 2.16% copper, 0.35 grams per tonne of gold over 2.4 metres in hole GRD006, and 2.03% copper, 0.18 grams per tonne of gold over 5.5 metres in hole GRD003. Says that the assays confirm strong copper-gold mineralisation extends to surface from deeper historic drill intercepts. Adds that further strike extensions remain to be tested.
Chair Colin Bird says: ‘The results attained to date are very pleasing and have put a completely new perspective on the Hope and Gorob complex. Whilst we have yet to receive assay results from Hope, visual indication suggests a similar situation exists at Hope. In addition to copper, gold assay results from our drilling suggests that an associated or possibly disassociated gold system also exists at Gorob.’
Current stock price: 0.14 pence
12-month change: down 52%
Copyright 2022 Alliance News Limited. All Rights Reserved.