BeMetals Corp. is pleased to announce commencement of its 2023 exploration program at the Pangeni Copper Project in the Zambian Copperbelt. Results from core and aircore drilling during the previous program have been integrated into our geological interpretations to generate new and refined existing targets for testing this year. This year’s planned US$2 million exploration program will be pro rata funded by both BeMetals and the Japan Organization for Metals and Energy Security (“JOGMEC”).
John Wilton, President and CEO of BeMetals stated, “We are encouraged by the core and aircore results from the previous program, and the targets now generated for testing this year. Importantly we have now returned significant copper mineralization at both the G and P targets which are near the interpreted basement unit to the Katangan sediment geological contact. This is the same setting known to host many of the large and often high-grade copper deposits and mines in Zambia.
Field activities commenced this week and will begin with approximately 5,000 metres of shallow, aircore drill testing of targets below the Kalahari sand cover. The lines of aircore drilling are focused on testing significant step outs from Targets G, P, and Q, in the south and southeast area of the Pangeni property, and identifying higher-grade shoots at the D-Prospect. We will also test the northeastern extension of a major structural feature trending across the central area of the Project at the new L-target. The drilling results at Pangeni to date, under the thin but extensive sand cover, and its overall geological setting within the prolific Zambian Copperbelt continue to demonstrate the potential for this project to deliver a large-scale copper discovery.”
UPCOMING EVENTS IN ZAMBIA
