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The mineralization is currently open at depth, to the south, and to the southeast
Further step out drilling is planned African Metals Corporation reported that it has received final assay results from a further 9 drill holes from 22 diamond drill holes completed on its' Luisha South Project, in the Katanga Provence of the Democratic Republic of Congo. These results confirm the continuity and grade of mineralization identified by the June 2010 Reverse Circulation (RC) drilling program, and lend further, significant support to a potential upgrade to the resource model with potential for a higher grade copper core. HIGHLIGHTS New Diamond Core Results Include: • 51 metres at 1.6% copper, 0.3% cobalt from 105m (LURD006) Including 4 metres at 4.2% copper, 0.4% cobalt from 111m • 42 metres at 1.3% copper, 0.3% cobalt from 107m (LURD007) • 30.5 metres at 1.3% copper, 0.4% cobalt from 124.5m (LURD008) Including 1 metres at 5.1% copper, 2.8% cobalt from 130m Recalculated Combined RC and Diamond Core Results Include: • 53.8 metres at 1.8% copper, 0.3% cobalt from 68m (LURC/RD002) • 91.8 metres at 1.2% copper, 0.5% cobalt from 107m (LURC/RD003) • 49.5 metres at 1.6% copper, 0.3% cobalt from 105m (LURD006) Luisha South Diamond Drilling Rubaco Sprl and DrillTek Sprl, drilling contractors, combined to complete a total of 1,538.73 metres of diamond core drilling of 22 holes at the Luisha South Project in January 2011. The holes targeted the down dip and southeast extensions of mineralization highlighted by the March 2010 geochemical sampling program and the June 2010 RC drilling program. The RC drill program enabled a JORC and NI43-101F compliant resource estimation of the Luisha pit mineralization, resulting in an Inferred Resource of 5.8 million tonnes at 1.3% copper, and 0.4% cobalt for 75,400 tonnes of contained copper metal and 23,200 tonnes of contained cobalt metal (using 0.5% copper cut-off). Some of the holes from the initial RC program, however, either terminated within, or short of copper and cobalt mineralized horizons, producing interpolation gaps in the resource block model. The diamond holes in the recently completed program were designed to infill the gaps and further define the extents of the mineralization. Nigel Ferguson, President and CEO of AFR stated “we are very pleased to report significant mineralised intervals within the Luisha South Project, such as 91.8 metres at 1.2%Cu and 0.5%Co within LURC/RD003. It is expected that these recalculated intervals, utilising both the RC and DDH information will significantly impact on our current resources. As soon as results for the remaining drill holes are received, our independent geological consultant will be given the task of updating the Luisha resource.” The updated resource calculation is expected in Q2 of 2011. More information, click here. |
