Kamilombe Project High Grade Drill Intersections
- Kamilombe project covers a surface area of 2.37km2
- Project covers a complex geological sequence with significant strike length of Roan geology
- Taruga has completed reconnaissance sampling with assay results up to 5.06% Co from artisanal pits
- Historic exploration drilling intersected multiple mineralised zones of shallow, high-grade cobalt mineralisation
No outcrop was observed during the field visit at Kamilombe; however, artisanal mining is occurring in the footwall zone in an overturned sequence over more than 1km strike length. Historic drilling has been completed by Gecamines on a wide spaced grid pattern of 200m x 200m of vertical drill holes. A preliminary field visit to site completed by Taruga geologists identified drill collars in the field and these will be re-surveyed during the Due Diligence period for validation. The initial drilling data supplied to Taruga confirms the presence of high-grade Cobalt mineralisation within the R2 Mines Series, with intersections including:
- 26.5m @ 2% Co and 12% Cu from 78.1m & 32.2m @ 32% Co and 0.52% Cu from 209.6m
- 33.6m @ 22% Co from 77.93m
- 46.8m @ 22% Co from 7m2
Eight samples were collected from the artisanal pits at depths ranging from 25m to 75m below the surface as shown in Figure 1. Niton results shown in Table 2 and Figure 1 reported highly significant cobalt grades of 0.8% Co to 5.6% Co. Little copper mineralisation was reported, with a maximum grade of 0.38% Cu encountered.
Table 1: Portable XRF results at Kamilombe. Reporting all samples greater than 0.5% Co (range 0.81% Co to 5.06% Co, total samples 8).
|Sample no||Easting||Northing||RL (m)||Sample type||Results (%)|
Note: Samples at Mwilu were prepped by ALS Global in Lubumbashi and analysed with a portable XRF analyser (Niton). Duplicate samples have been sent to ALS Global in Johannesburg, South Africa for analysis using. Results from the Niton are expected to be reliable due to the low iron content (<6% Fe) which is likely to cause interference with cobalt readings when >6% Fe.
Both the Mwilu and Kamilombe projects have good potential to host significant cobalt and possible copper mineralisation which will be confirmed in the planned drilling programmes to be completed during the 6 month due diligence period.
1 Refer to Ni 43-101 Technical Report released by Katanga Mining Limited, dated 31 March 2017.
2 Note: A diamond drilling programme was carried out by KCC Katanga and Gecamines which ended in 2013 at the Kamilombe project. Diamond drilling is vertical and refers to down hole intersections, true width is not known at this stage. Cautionary Statement: No detailed information regarding logging, core recoveries, surveys, QAQC has been provided, and the Exploration Results have not been reported in accordance with the JORC Code 2012 or made publicly available. The Company will twin a selection of these holes during the pending drilling programme to confirm the current model, grades and widths and true thickness of mineralisation reported by Gecamines/KCC Katanga. It is possible that following further evaluation and/or exploration work that the confidence in the prior reported Exploration Results may be reduced when reported under the JORC Code 2012.