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Chrysalis Resources kicks off copper drilling in Zambia


Chrysalis Resources (ASX:CYS) has commenced a 4,400 metre aircore drilling program on its Kabwima copper project in north-western Zambia.

The program aims to identify the potential for economic copper mineralisation within a 5.5 kilometre long, up to 1.6 kilometre wide, continuous >100ppm copper-in-soil anomaly.

Drilling is targeting high grade supergene copper mineralisation beneath the higher copper-in-soil values within the central parts of the anomaly where copper-in-soil values are up to 485ppm copper and in-pit results are up to 626ppm copper.

The current geological model focuses on supergene copper enrichment at 30 metres below surface near the faulted contact between carbonate and graphitic shale units.

In addition, first pass reverse circulation drilling has been designed to test the Mwako shear zone at depth beneath a semi-continuous 1 kilometre wide by 4.5 kilometre long >100ppm Cu-in-soil anomaly.

Drill rig access and drill pad preparation is almost complete and drilling is expected to commence on or around the 14th August.

Chrysalis also holds zinc-lead prospects in Western Australia at Gregory Range, where it recently identified historic zinc-lead intersections drilled by WMC and BHP between 1985 and 1996.

Infill drilling and follow-up drilling along strike is planned.

Chrysalis is lightly valued at around $3 million.


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