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JOHANNESBURG (miningweekly.com) South Africa's well-endowed Northern Cape is becoming the copper gift that just keeps on giving, with yet another intercept confirming copper continuity.
The Johannesburg Stock Exchange-listed Orion Minerals described the results being generated from the resource optimisation drilling programme that it is carrying out at the Okiep Copper Project Flat Mine East prospect as being a validatiion of its development strategy.
The current drilling campaign's completed second drill hole takes in the OFMED158 intersection. (Also see above graphic).
These assay results confirm the down-dip continuity previously revealed by the OFMED157 drill hole, which uplifts understanding of the structural controls to mineralised mafic units. They build on the good outcomes of the 2024 confirmation drilling programme, which highlighted the endowment of the Flat Mines area, where the latest results are exemplified by the numbers 3.96 m at 4.64% copper.
"These outstanding new high-grade drilling results from the Okiep Copper Project further strengthen the potential upside at Flat Mine East," Orion CEO Tony Lennox explained.
"Crucially, this exciting intersection further extends the recently identified high-grade copper zone down-dip and shows that it remains open at depth. The continuity of these high-grade intercepts provides compelling support to extend the geological model and increase the size of the deposit.
"Importantly, it confirms that the mineralised system remains open and continues well beyond the current mineral resource envelope and block model. These results further reinforce the quality and growth potential of the Flat Mines area as a cornerstone of Orion's broader Okiep development strategy and will directly inform the next phase of our resource optimisation drilling programme," Lennox outlined in a media release to Mining Weekly on Monday, June 29.