공시 • Apr 10
Diamond Drilling Commences At the Fiesta Copper Project, Namibia Highlights
Diamond Drilling Commences at the Fiesta Copper Project, Namibia Highlights. Diamond drilling commencing at the Western Lens of the Fiesta Copper Project to test depth extensions and provide key geological knowledge. First hole, 25FIEDD26, designed to test below the recent assay results1: 25FIERC23 5m @ 1.4% Cu and 58g/t Ag (1.9% CuEq) from 249m. Damara Drill Program. Drilling was completed on the Botswana border at the Damara Copper Project with the Reverse Circulation (RC) rig completing the planned 7-hole program in March. Assay results have been delayed due to sampling delays between drill programs. Technical adjustments requiring assay technique trials are underway to provide better multi-element data for lithological characterisations and to address issues with blanks. The company plans to use modern technology and exploration techniques to generate new targets at the projects and grow the current resource base. The information in this report that relates to Exploration Results is based on information compiled by Mr. Bruce Hooper who is a Registered Professional Geoscientist (RPGeo) of The Australian Institute of Geoscientists. Mr. Hooper is a consultant to Noronex Ltd. and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. No samples are collected prior to casing., Oxide mineralisation is noted to ~120m vertical depth., Drilling techniques, Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). Reverse Circulation (RC) drilling completed at Fiesta in 2024 by Hammerstein Drilling, Namibia using 'best practice' to achieve maximum sample recovery and quality., Diamond core drilling is being completed by Kodo Drilling and will be a combination of HQ and NQ and orientated. Field duplicates were collected at 1 in 20 frequency, Whether sample sizes are appropriate to the grain size of the material being sampled., No information is available., Quality of assay data and laboratory tests, The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total., Samples are analysed by ActLabs Canada for UT 4-Noronex and overlimit by ME-OG62, 49 elements by a 4 acid digestion., For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc., No drilling data from field-portable pXRF tools are reported., Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established., Blanks and repeats are inserted at 1 in 20., Standards from Zambian Sedimentary Copper deposits of appropriate grades are inserted at 1 in 20, Verification of sampling and assaying, The verification of significant intersections by either independent or alternative company personnel., Sampling is overseen and managed by standard procedures., The use of twinned holes., No holes have been twinned., Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols., Database is verified and managed by RockSolid Australia., Discuss any adjustment to assay data., No adjustments have been made., Criteria, JORC Code explanation, Commentary, Location of data points, Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation., Hole locations are located using a hand held GPS, Specification of the grid system used., Coordinates are reported in WGS 84 UTM Zone 34S., Quality and adequacy of topographic control., The Project of topographic control.