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Noronex (ASX:NRX) return thick Kalahari copper - The Pick Online Magazine

Written by Staff Writer | Sep 6, 2023 8:54:07 AM

Noronex have returned a thick copper and silver intercept of 45m @ 1.0 % Copper Equivalent from its first two holes into the Fiesta project as drilling continues over high priority exploration targets in its Namibian portion of the Kalahari Copper Belt.

Six holes have now been completed from the 4000 metre RC program over the Fiesta and Blowhole projects, penetrating desert cover up to 100 metres thick and returning anomalous intercepts with many hallmarks of the belt’s premier deposits.

This thick copper and silver zone of primary style chalcocite mineralisation reported over 100m from previous intercepts is very encouraging for defining a substantial mineralised system at the Fiesta Project,” Noronex Chief Geologist Bruce Hooper said.

“We are now targeting favourable structural settings for large deposits along strike from this mineralisation within the same system.”

Fiesta sits in newly granted, fully owned tenements on the western sheared enclosure of a domal structure at the prospective NPF-D’Kar contact, where historical drilling has defined a steeply dipping sheet of mineralisation over three and a half kilometres long.

Noronex has defined a number of key targets within and along strike of that stretch, with its drill campaign directed at known mineralisation and potential settings along strike for a substantial mineralised system.

Next steps

Drilling will soon move for the first ever campaign at the highly prospective Blowhole project closer to the Botswanan border, where Noronex plan for up to ten holes.

More assays are pending, with the expectation that results will lead to future targeting and drilling for the company’s next campaign into the Kalahari.

Noronex is not done expanding in the region and has lodged two applications for full ownership of 1650 square kilometres of territory covering prospective structures and holding a number of targets ready for follow up.