THE DRILL SERGEANT: Tanga Resources (ASX: TRL) identified a new copper zone at the company’s Hagenhof copper project in Namibia.
Tanga Resources’ ongoing exploration has identified the new copper zone located just five kilometres south of the Main Gossan.
Surface sample results from outcropping quartz-gossan breccia at the new target, named P5, have returned up to 5.7 per cent copper and anomalous cobalt.
Tanga claimed this as the latest in a series of encouraging exploration results from Hagenhof, where several copper targets have recently been identified over eight kilometres of ‘Katangan-style’ stratabound copper horizon.
“This new copper target at P5 further highlights the potential for a new copper discovery to be made at Hagenhof,” Tanga Resources CEO Matthew Bowles said in the compahny’s announcement to the Australian Securities Exchange.
“We believe Namibia’s Damara Belt remains underexplored, which is why we have focused our efforts on securing a large land holding on the belt.
“We are excited to be starting the drilling program at Hagenhof in the coming weeks.
“This drilling will test the historical copper results reported at Main Gossan and several new targets we have identified at Jette’s Hill, Copper Cap, Liv’s Hill and now P5.”
Having recently received the Environmental Clearance Certificate (ECC) from the Ministry of Environment and Tourism, the Hagenhof copper project is now fully permitted.
Tanga expects drilling at Hagenhof to start soon, commencing at the Main Gossan and then following up on the targets at Liv’s Hill, Jette’s Hill, Copper Cap and P5.
A ground magnetic survey recently completed over specific areas of Hagenhof highlighted a prominent positive magnetic anomaly at Main Gossan and a larger, prominent circular magnetic anomaly, coinciding with a large interpreted structural dome feature at Liv’s Hill.
This data will assist in refining targets for the upcoming drilling.