Metals of Africa spots new targets on Rio Mazoe project

THE BOURSE WHISPERER: Metals of Africa (ASX: MTA) has identified a multi-element geochemical anomaly at the Rulio prospect, part of the company’s 100 per cent-owned Rio Mazoe base metal project, located in the Tete Province of Mozambique.

MTA described the anomaly to be associated with a coincident airborne magnetic geophysical anomaly and has elevated zinc, lead and copper in soil geochemistry, plus manganese, phosphorus among other elements.

The company indicated the se to be in-line with the Broken Hill-type (BHT) mineralisation it is targeting at the project.

The geochemical anomaly measures 2.5 kilometres long by 750 metres wide and was identified from a soil sampling program at the recently-discovered Rulio high-grade lead prospect.

MTA has a 1500m diamond drilling program to test priority targets scheduled to commence late next month.

The company is conducting a soil sampling program at the Rio Mazoe project, which is currently ongoing.

Results MTA has received from the program to date have defined three compelling multi-element anomalies hosting elevated base metals, including zinc, lead and copper, at the Rulio, Cocodeza and Cocodeza East prospects.

 

Image of zinc pXRF soil assays with polygons outlining anomalies:
lead (black), zinc (blue), phosphorous (red), manganese (purple),
Mercury (grey), iron (brown), copper (green) and arsenic (khaki). Mapped
faults and geological boundaries are shown for reference. Source:
Company announcement

 

“The elevated zinc, lead and copper mineralisation identified is an indicator for BHT deposits, the geochemical assemblages identified at the three prospects via the soil sampling program is indicative of a geological system enriched in base metals,” Metals of Africa said inn its ASX announcement.

The company indicated a fourth prospect, Cocodeza South, has also been discovered 2.5km south of the main Cocodeza prospect.

Detailed geological mapping is currently underway at all four prospects, with the high-priority targets proposed to be drill tested in the upcoming drill program.