Castillo Copper Limited’s (ASX:CCZ) has identified multiple targets for drill-testing, with potential to host copper mineralisation, at the Mkushi Project in Zambia.
These are the findings of the final geophysicists report which interpreted the IP survey results against three areas of known copper soil anomalies with strike lengths ranging from circa four to seven km long.
Overall, a total of 40 pre-selected IP Lines across 54km were surveyed using a 50m-spaced dipole-dipole electrode configuration.
These were aligned to test soil geochemical anomalism for potential disseminated copper mineralisation across three target areas (A, B and C), ranging from four to seven km long.
The geophysicist’s report, which reconciled the geochemical and geophysical results, identified multiple high-priority areas to potentially follow up with test drilling including Lines 5, 6, 7, 8, 9, 10, 11, 12, 13, 15, 19, 21, 42, 44, 46, 48, 50, 52, 54 and 56. Of these, Lines 5, 8, 9, 11 are clear illustrations of potential targets for test drilling as high-chargeability is associated with copper anomalism at surface.
In addition, the geophysicist’s report noted there is a major NE trending fault that cuts across the Mkushi Project which could potentially be the source of mineralising fluids in the region.
This is consistent with earlier findings by CCZ’s geology team which identified two parallel shear zones two to three km apart trending NE-SW that originates in Shi Yan Group’s (SYG) contiguous mining lease.
The north shear zone is in SYG’s ground which is currently an operating copper mine.
The fault structures and anomalous areas that were previously delineated – Areas A, B and C are on the north and east boundaries of SYG’s operation.
Strategic partner
With multiple primary targets for test drilling identified at the Mkushi and Luanshya Projects, which boosts their exploration potential materially, the Board has decided to seek a strategic partner to further develop the Zambian assets.
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