Blackthorn strikes wide copper mineralisation

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THE DRILL SERGEANT: Blackthorn Resources is conducting a Phase 5 drilling program at its Mumbwa project in Zambia where the company is targeting a large Iron Oxide Copper Gold (IOCG) style of mineralisation.

The Phase 5 program is planning to drill 16 targets over the company’s Kitumba mineral resource area, and two ‘scout’ holes on a geophysical target at Mutoya, which is located approximately six kilometres North West from Kitumba.

Blackthorn indicated it has received copper assay results from four drill holes, two located at Kitumba, and the other two at Mutoya, including high-grade copper mineralisation at Kitumba, and shallow-depth copper mineralisation at Mutoya.

Best intersections identified from Kitumba included:

(Inclined Hole)

–    222.3 metres at 2.15 per cent copper between 310 metres and 532.3 metres, including 37m at 5.19 per cent copper between 358m and 395m, containing 3m at 25.2 per cent copper between 384m and 387m.

(Vertical Hole)

–    11.8m at 0.29 per cent copper between 100.5m and 112.3m;

–    31m at 0.35 per cent copper between 138m and 169m;

–    27m at 0.45 per cent copper between 188m and 215m;

–    132m at 0.55 per cent copper between 277m and 409m; including 3m at 3.7 per cent copper between 279m and 282m and 4m at 1.8 per cent copper between 301m and 305m;

–    5m at 1.01 per cent copper between 343m and 348m; and

–    5m at 0.56 per cent copper between 429m and 434m.

Blackthorn completed scout drilling of a geophysical target at Mutoya ahead of the annual wet season, which returned some encouraging initial results.

These included the following intersections showing mineralisation at shallow depths:

–    39m at 0.44 per cent copper between 59m and 98m;

–    3m at 0.36 per cent copper between 106m and 109m;

–    37m at 0.46 per cent copper between 114m and 151m; and

–    4m at 0.71 per cent copper between 214m and 218m.

 

Phase 5 drill hole location plan for the Mutoya. Source: Company announcement

“Blackthorn Resources is delighted with the confirmation of more high-grade mineralisation in the Kitumba mineral resource area,” Blackthorn Resources managing director Scott Lowe said in the company’s announcement to the Australian Securities Exchange.

“The company will continue with work at Kitumba with the goal of achieving an upgrade in the JORC inferred mineral resource by the middle of the year.

“This work along with continued studies will further develop this project with a view to confirming economic potential and progressing along the project development pipeline.

“Blackthorn Resources is further motivated by the early results achieved at the Mutoya target area, which has revealed some positive indications that warrant further work.

“The shallow nature of mineralisation, albeit secondary in nature, together with the prospects of discovering a primary source to mineralisation provides an exciting back drop for future exploration.”