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Tanga identifies multiple new gold anomalies at Katerina in Namibia - The Pick Online Magazine

Written by Staff Writer | May 14, 2020 8:45:31 AM

Tanga Resources Ltd (ASX: TRL) has made extensive progress with its Namibia gold exploration activities, including the identification of multiple new targets at the Katerina Gold Project, located within the Damara Orogenic Belt, Namibia.

Tanga has restarted gold exploration following a pause in late March due to COVID-19. Desktop work has continued during the lockdown.

Exploration work to date has focussed on defining drill targets through systematic regional targeting, follow-up surface geochemical sampling and field mapping with final target definition through ground magnetics.

The latest exploration results from geochemical sampling, have identified multiple new gold targets, developed over 15km along a prominent 1st and 2nd order structural interplay.

The targets include three large 2.5km long x 1km wide soil anomalies, each over 3ppb gold, with a peak value of 26ppb (0.026 g/t gold) in soil. Several other anomalous areas of gold have been identified at Katerina for further follow up.

The Katerina and Okombahe Gold Projects comprise two licences and three applications covering over 1,400km2 in the central Damara Orogenic Belt and located between two major gold mines; Navachab (owned by private company QKR) and Otjikoto (owned by B2 Gold) and north of Osino Resources (TSX-V: OSR) new Twin Hills and Goldkuppe gold discoveries.

The latest exploration results from geochemical sampling at a target area on the Katerina EPL, have identified multiple new gold targets along 15 km of a major mineralised structure. Soils were completed on a 200m x 400m grid with three large (2.5km x 1km) gold-in-soil anomalies identified, each over 3ppb gold, with a peak value of 26ppb (0.026g/t gold in soils). Several other anomalous areas of gold have also been identified at Katerina for further follow up.

The Okakombo South target shows a linear anomaly following the first order regional NE trending Otjihorongo thrust (located in a restraining bend) and its interaction with an interpreted NNE trending second order fault, which is considered to be a textbook Damara Belt ore control. Elevated gold results (peak 212ppb in rock chips) were returned from an intersection between these structures in this area.

The Okakombo North target was observed to host multiple quartz veins in sediments with sulphides and the existence of historical diggings. Okakombo North may potentially link to a pregnant NNE trending structure trending from Okakombo South and intersecting an interpreted NE trending feature, parallel to the Otjihorongo thrust, with the bulk of the target under calcrete cover.

Future exploration programmes will focus on further geochemical sampling at Katerina and Okombahe and the completion of ground magnetic surveys at the Katerina EPL4833; which have proven to be effective to explore under cover in Namibia, as demonstrated by the positive drill results from Hagenhof.