Namibia Critical Metals Commences Airborne Survey over Kunene

- July 11th, 2018

Namibia Critical Metals holds a diversified portfolio of exploration and advanced stage projects in the country of Namibia focused on the development of sustainable sources of metals for the battery, electric vehicle and associated industries. 

Namibia Critical Metals (TSXV:NMI) announced that flight operations have commenced for the combined airborne electromagnetic and magnetic survey being carried out by SkyTEM Surveys over the Kunene cobaltcopper project in northern Namibia.

Namibia Critical Metals holds a diversified portfolio of exploration and advanced stage projects in the country of Namibia focused on the development of sustainable sources of metals for the battery, electric vehicle and associated industries.

As quoted from the press release:

The survey area has been increased from 670 km2 to 720 km2 and now comprises 4,000 line kilometers at a flight line spacing of 200 meters. The objectives of the survey are to detect conductive horizons and sulphide accumulations associated with cobalt-copper mineralization to depths of 300-400 meters, and to assist with geological mapping and structural interpretations. Field teams have been mapping priority target areas in advance to assist in interpretation of geophysical anomalies. The SkyTEM survey is now scheduled to be completed in early August, to be followed by an initial 7,500 m drilling program.

“The investment we are making in this high powered airborne EM survey, coupled with our continuing geological mapping program on the ground will provide our exploration team with the best possible tools to prioritize drill targets and increase the opportunity for an early discovery at Kunene. SkyTEM will deliver data updates from the field on a bi-weekly basis which will allow the team to immediately deploy to areas of interest as we see geophysical anomalies developing,” said Don Burton, president of Namibia Critical Metals.

The Kunene project area is contiguous with ground held by ASX-listed Celsius Resources (ASX:CLA) who announced a maiden JORC compliant mineral resource at Opuwo on April 16, 2018. The Opuwo discovery hosts 79,300 tonnes (174,460,000 lbs.) contained cobalt in the indicated mineral resources category and 46,900 tonnes (103,180,000 lbs.) contained cobalt in the inferred mineral resources category. It is noted that the mineralization on the Celsius property may not be indicative of mineralization that may be found on the Kunene project area held by Namibia Critical Metals. Celsius has also announced that it will fly SkyTEM over its project area following completion of the Namibia Critical Metals survey and continue drilling at Opuwo, and now anticipates the scoping study to be delivered in early Q4 2018.

click here to read the full press release

Have You Read Our New Market Report?


We found stocks, market data, and important news and compiled it for you in a free report!


 

Leave a Reply

Your email address will not be published. Required fields are marked *