- Tanga Resources has provided updates regarding current exploration activities at its copper project in Namibia
- Completed ground magnetics have identified multiple new potential copper targets
- Planning is now underway for a follow-up drill program to begin this quarter
- Tanga’s share price is steady today with shares trading for 0.3 cents apiece
Tanga Resources has provided updates regarding current exploration activities at the Hagenhof Copper Project in Namibia.
The Hagenhof Copper-Cobalt Project is located approximately 200 kilometres northwest of Namibia’s capital Windhoek and covers an area of 197.26 square kilometres.
The project is highly prospective for copper and cobalt with it having the potential to host large-scale sediment hosted mineralisation.
Significant previous results include 3.24 per cent copper and 303ppm (parts per million) cobalt, and 2.97 per cent copper and 221ppm cobalt.
Ongoing ground activities have identified a number of additional copper targets at Hagenhof including targets both to the west and north of Main Gossan.
The new targets include Main Gossan North, Main Gossan North, A1 target, and Giftputz.
Magnetic susceptibility readings were taken at every metre on core and reverse circulation (RC) chips from the recent drill program at Hagenhof.
Detailed ground electromagnetics (GEM) has now commenced refining drill targets at both Main Gossan and Liv’s Hill.
The GEM loop at Main Gossan is positioned to map the response of the mineralisation while the GEM loop at Liv’s Hill is positioned to map the response of the anomalous copper mineralisation returned from recent drilling.
RC and diamond drilling equipment from Capital Drilling has entered Namibia and is expected to arrive on-site next week. Planning is well underway for the follow-up drill program to begin shortly.
This drill program is planned to include the targeting of the down plunge southern extension at Main Gossan and testing the new targets identified from ground magnetics.
Tanga’s share price is steady today with shares trading for 0.3 cents apiece at 2:19 pm AEDT.