KEY POINTS
- Three drill rigs currently operating, with fourth soon to be operational.
- Approximately 5,000m drilled with 7 holes completed to date.
- Abundant copper mineralisation observed in latest drill core.
- Initial assays expected late September 2012.
- Orion 3D Induced Polarisation (IP) and Magnetotelluric (MT) data received with evidence of positive correlation between chargeability and sulphide mineralisation.
- Budget provision made for 16,000m drilling in FY2013 subject to technical review after 8,000m drilled.
- Collar, location, depth and inclination designed for 19 holes.
- Scoping study report expected mid-September 2012.
Blackthorn Resources Limited (ASX:BTR) (“the Company”) is pleased to provide an update on activities at the Company’s 100% owned Mumbwa Project in Zambia which hosts the flagship Kitumba resource, as well as other prospective targets including the Kakozhi prospect.
For further information please download PDF below:
