Mount Burgess Mining to Target Additional Zinc Resources in Botswana

Base Metals Investing

Mount Burgess Mining (ASX:MTB) has commissioned an exploration drilling program across the Kihabe Zinc Project in Botswana near the Namibian Border. According to the press release: The program will primarily focus on Target 52, a geochemical soil anomaly identified 2km SE of the Company’s Nxuu deposit. The geochemical soil results suggest a possible mineralised strike …

Mount Burgess Mining (ASX:MTB) has commissioned an exploration drilling program across the Kihabe Zinc Project in Botswana near the Namibian Border.
According to the press release:

The program will primarily focus on Target 52, a geochemical soil anomaly identified 2km SE of the
Company’s Nxuu deposit. The geochemical soil results suggest a possible mineralised strike length of more than
5km, which is more than double that of the combined strike lengths of the Kihabe and Nxuu deposits. The Kihabe
and Nxuu deposits have a combined Resource of 25 million tonnes @ 3% Zn equivalent grade.
Target 52 has the potential to substantially increase the company’s zinc/lead resources.
The zinc/lead SedEx style mineralisation is contained within a mineralised zone of quartz wacke at the contact with
regional dolostone. This consistent geological profile acts as a significant pathfinder for the discovery of additional
resources. The Company has identified six additional zinc geochemical soil anomalies and a copper/cobalt anomaly
within the immediate vicinity of the Kihabe and Nxuu deposits. The total strike length of these anomalies combined
is 13km. In addition to Target 52, preparations have been made at several of the other identified anomalies within
the licence area, with the anticipation of drill testing these targets in the near future as well.
Jason Stirbinskis, a Geologist who recently joined the Board of the Company said “Having found the Kihabe and Nxuu
Resources in this favourable geological environment, the potential for generating additional resources is considered
high based on geochemical anomalies discovered thus far. We therefore enter this drill program with a high
expectation of success”

Click here for the full press release.

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