Walkabout Resources identifies poly-metallic zone

THE DRILL SERGEANT: Walkabout Resources (ASX: WKT) has identified a poly-metallic mineralised shear zone at the company’s 75 per cent-owned Kigoma project area in Tanzania.

The mineralised shear zone has demonstrated elevated levels of copper, gold, silver, lead and zinc.

“We believe the team at Kigoma may have located a source of the extensive mineralisation prevalent throughout the area,” Walkabout Resources managing director Allan Mulligan said in the company’s announcement to the Australian Securities Exchange.

“Being the only operator in an area where we have located primary and potentially economic sulphide mineralisation underpins the great potential for Walkabout and our Joint Venture partners.”

Walkabout said these can be traced over 700 metres along surface hosting a parallel quartz vein stockwork.

The company said the first two drillholes it completed over the structure intersected three quartz vein systems, from which selected, controlled hand-held XRF values showed up to 3.1 per cent copper over one metre and 11.5 grams per tonne gold with 57g/t silver over two metres.

 

Trend of copper soil sampling anomalies. Intersected quartz veins and drillhole collars indicated. Source: Company announcement

 

Mineralised quartz vein stockworks of up to 7m in down-hole width containing visible sulphides and copper oxides were intersected by the drilling.

Drilling is continuing and assay results are awaited from a laboratory in South Africa.

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