Metals of Africa records initial high-grade results from Rio Mazoe project
THE DRILL SERGEANT: Newly-listed base metals exploration play Metals of Africa (ASX: MTA) has received assay results for an initial rock chip sampling program it recently carried out at the Meque and Cocodeza prospects within the company’s 100 per cent-owned Rio Mazoe project, located in Tete Province of Mozambique.
Metals of Africa said the results support the potential for the project to host lead-zinc-silver mineralisation.
A total of 21 rock chip samples were taken from the Meque and Cocodeza prospects.
Regional geology map showing rock chip sample locations. Source: Company announcement
Of these, nineteen were sampled at the Meque prospect.
The best rock chip sample returned 1251 parts per million silver, 7.67 per cent lead, 23.8 per cent zinc and 1.1 per cent copper.
Zinc values of up to 27.48 per cent, lead values of up to 11.48 per cent and copper values of up to 5 per cent were received within this first batch of rock chip samples.
Two of the twenty one rock chip samples were sampled at the Cocodeza prospect.
These two samples both contained elevated gold (0.277 and 0.28 grams per tonne) and anomalous copper of up to 2.19 per cent, which is hosted in a carbonate unit the company said it believes may be prospective for replacement-style deposits.
The rock outcrop/exposure at Cocodeza is not as extensive as that at Meque hence the fewer samples were sent for analysis.
“Ground geophysics at Meque (magnetics and gravity) has defined a further drill target along strike from the mineralised rock chip samples,” Metals of Africa said in its ASX announcement.
“A drill hole is planned to test the cause of the Meque gravity anomaly in late January 2013 (weather permitting).
“Infill ground geophysics (magnetics and gravity) is expected to be completed over the Cocodeza prospect by early December 2012 and this data will assist in future drill-hole location planning.
“Many other anomalies remain to be tested at Meque and Cocodeza.”