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The Mwongo licence is located 140km NW of Lusaka, 24km north of Mumbwa, and just 25km to the NE of Blackthorn’s Kitumba deposit (178mt @ 0.79% Cu incl. 35Mt @ 2.29% Cu) and contains numerous bullseye magnetic anomalies interpreted to be late stage intrusions similar to those found at Kitumba. Wide spaced regional soil sampling that was carried out by Sedgwick Resources Limited, had identified 3 large Cu-in-soil anomalies where infill sampling will be targeted to complete these discoveries.
Exploration within the Mwongo licence is targeting Kitumba style Iron Oxide Copper Gold (IOCG) mineralization associated with altered felsic to intermediate intrusives, and sediment hosted copper mineralization, all within Lower Kundelungu graphitic shale, siltstone, sandstone and altered carbonate units.
The exploration work conducted by Sedgwick Resources Limited included an airborne magnetic-radiometric survey, purchase and interpretation of Aster satellite data, reconnaissance geological mapping, soil sampling, rock chip sampling and trenching. These works have resulted in the delineation of several large Cu-in-soil anomalies
The 386 square kilometer Bulala Hills licence is located 150km east of Lusaka, and just 35km to the SW of the Dunrobin gold deposit (200Koz Au). The project contains Katanga Super Group sediments and volcanic rocks hosting the Mwembeshi shear zone.
The exploration work conducted by a previous operator included an airborne magnetic-radiometric survey, purchase and interpretation of Aster satellite data, reconnaissance geological mapping, soil sampling, rock chip sampling. These works had further resulted in the delineation of several large Cu-in-soil anomalies and has provided an excellent foundation for additional exploration work
Future work will seek to confirm the presence of gold that was not conducted in the previous work. Currently, the presence of anomalous levels of Cu, Co, Pb, Zn and Ni have been identified in wide spaced soil sampling and rock chips with Cu values up to 3.1%. Two Cu-in-soil anomalies (Mwako and Ifumbwe prospects) have been targeted for infill soil sampling and trenching .
Horn Metals owns 100% of the Oshikoto Copper Project which contains 2 licences (7988 & 8722) for a total area of 734 km2. The Oshikoto project is located 15km west of and along strike of the producing Tschudi Copper Mine. Dundee’s Copper Smelter is located in Tsumeb, a distance of 40km by road
The Outjo Copper Project (8634) is 100% owned by Horn Metals Namibia and covers 640 km2 of prospective ground within the Damara belt, an extension of the Lufilian Belt in Zambia and the DRC. The project is located 60km southwest of the Oshikoto Copper Project and 75km from the Tschudi Copper Mine. Access to the project area is excellent by all weather roads between the villages of Outjo and Otavi. B2Gold’s producing Otjikoto Gold Mine is located 30km to the southeast.
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