Africazine:
Zambia’s copper exploration is advancing steadily, signaling potential growth in the mining sector.
Prospect Resources is on track with its Phase 3 exploration programme at the Mumbezhi copper project. According to MD and CEO Sam Hosack, approximately 20% of the planned diamond drilling and 35% of the budgeted aircore drilling have been completed.
Progress at Mumbezhi Copper Project
The exploration programme focuses on the Nyungu Central deposit, a key area for copper mining. So far, ten resource extension holes have been completed, with visible copper mineralisation found in several holes beyond the current defined mineral resources. This development could enhance the project’s viability and attract further investment.
Zambia: Key figures on copper exploration
- 20% of planned diamond drilling completed
- 35% of budgeted aircore drilling completed
- Ten resource extension holes completed
Future Steps for Prospect Resources
- Continue with the remaining diamond and aircore drilling
- Assess the results from the completed drilling
- Plan for further exploration based on findings
Zambia's copper exploration is making significant strides, promising a bright future for the mining industry.
