Discovery announces Maiden Resource

THE DRILL SERGEANT: Discovery Metals has reported an initial Mineral Resource estimate at the Selene deposit, located in north western Botswana.

The Resource calculation stems from the completion of 52 drill holes totalling 5,343 metres.

The Maiden Inferred Mineral Resource for the Selene deposit totals 16 million tonnes at 1.0 per cent copper and 15.9 grams per tonne silver, above a 0.6 per cent copper lower grade cutoff.

A number of higher grade zones of over one per cent copper were also identified within the Selene deposit.
 
“The Selene Mineral Resource estimate is another important step towards defining the ultimate scale of the Boseto copper project,” Discovery Metals managing director Brad Sampson said in the company’s announcement to the Australian Securities Exchange

“With recent drilling also returning encouraging results at the Zeta North East and the Mango prospects, the Selene Mineral Resource estimate confirms that substantial upside mineral resource potential continues within the Boseto Zone.”