RMC reports significant gold intercepts at Tanzania project
A maiden reverse circulation (RC) drilling programme has been successfully completed at the Mpanda gold/copper project, in Tanzania, with significant intercepts returned from the Kabungu prospect, ASX-listed Resource Mining Corporation (RMC) has said.
Assay results were obtained from eight drill holes, with significant intercepts highlighted in hole MPRC0007 from the Kabungu prospect of 4 m at 2.5 g/t gold and 0.5% copper from 39 m and 2 m at 0.74 g/t gold from 47 m.
“The maiden drilling programme has provided a very positive start to the exploration works within this greenfield copper/gold area where no drilling has been recorded in the past. Anomalous copper/gold values are present in all prospects and work will continue to define the epithermal source from which they are derived,” RMC executive chairperson Asimwe Kabunga said on August 5.
The intercepts are part of a 2 km geochemical anomaly that remains untested along strike.
Numerous anomalous copper values were recorded from drilling at the Mpanda Ndogo and Stalike prospects, with 19 non-magmatic copper values ranging from 0.1% copper to 0.94% copper.
The sample assay results from five drill holes, from MPRC0009 to MPRC0013, from the Mpanda Ndogo and Vikonge prospects are pending, the company said.
So far, 13 RC holes for a total of 723 m have been completed in the Mpanda project.
The initial drilling has been completed at four prospects including four holes at Mpanda Ndogo, three holes at Stalike, three holes at Kabungu and three holes at Vikonge.
A ground magnetic survey programme is planned at Kabungu to clearly define the structure hosting the mineralisation.
Comments
Research Reports
Projects
Latest News
Showroom
Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...
VISIT SHOWROOM
Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
