Fe Completes Preliminary Drilling at Kasombo Copper-Cobalt Project

Fe Ltd. (ASX:FEL) announced the completion of preliminary reverse-circulation drilling at two prospects at its Kasombo copper-cobalt project.

As quoted in the press release:

Kasombo 5 highly prospective for copper and lesser cobalt was drilled with two reverse circulation (RC) holes for a total depth of 149 m, and Kasombo 7 highly prospective for cobalt and lesser copper was drilled with four RC holes for a total depth of 190 m.

Cape Lambert Resources Limited (ASX: CFE) is a major shareholder of FEL holding 40.17% of issued capital.

Assays from the drilling and other sampling are expected from ALS Laboratory of Johannesburg in late January.

Tony Sage, chairman of Fe, commented:

I am pleased that preliminary drilling has been completed, especially during the difficult wet season period of the Congo. This drilling shows our commitment to unlock the potential of the Kasombo area.

Click here to read the full Fe Ltd. (ASX:FEL) press release.

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