Tiger scores high-grade copper results at Kipoi

/in /by

THE DRILL SERGEANT: Dual-listed Tiger Resources (ASX:TGS, TSX:TGS) has released high-grade results from a diamond drilling program conducted at Kipoi North, a deposit situated within the boundaries of the company’s Kipoi copper project in the Democratic Republic of Congo.

Tiger said it would use the results to upgrade Kipoi North’s existing JORC-standard Inferred Mineral Resource of 5.3 million tonnes at 1.40 per cent copepr containing 72,000 tonnes of copper, in support of the definitive feasibility study that is currently underway for a Stage 2 solvent extraction-electro winning (SXEW) facility at Kipoi.

 

Priority 1 Drill Plan for Kipoi North. Source: Company announcement

 

Intersections from the 34-hole Priority 1 program at Kipoi North include:

–    21.5 metres at 4.80 per cent copper (0m to 21.5m), including 16.5m at 5.75 per cent (1.5m to 18m);

–    11.2m at 3.18 per cent copper (51.8m to 63m);

–    10.5m at3.04 per cent copper (39.5m to 50m);

–    17.3m at 2.61 per cent copper (21.5m to 38.8m), including 10.5m at 4.04 per cent copper (21.5m to 32m);

–    57m at 2.37 per cent copper (34m to 91m);

–    34.3m at 3.16 per cent copper (62.7m to 97m), including 6.2m at 9.27 per cent copper (74m to 80.2m);

–    56m at 2.59 per cent copper(51m to 107m), including 6m at 9.87 per cent copper (51.5m to 57.5m); and

–    21.3m at 2.49 per cent copper (13.5m to 34.8m).
 
Tiger said the assay results have confirmed the continuity of copper oxide mineralisation across the middle of the Kipoi North deposit with mineralisation remaining open at depth and along strike to the northwest and southeast.

“Recent assay results received for Priority 1 DD holes KPNDD071 to KPNDD104 confirm that copper mineralisation is consistent with the proposed resource model and hosted in highly weathered dolomite and strongly talc- and clay- altered formation,” Tiger Resources said in its ASX announcement.

“The latest drilling program has also confirmed the company’s understanding of the sedimentary and structural controls of the Kipoi North Deposit, which is considered as a tight anticline with mineralisation linked with the R2 RSC formations.

“The Kipoi North deposit represents the top of the anticline, with its axis dipping to the west and copper oxide enrichment in the upper levels of the anticline.”