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Mount Burgess Mining pinpoints strong zinc lead anomaly in Botswana


Mount Burgess Mining (ASX: MTB) has uncovered a 1 kilometre long strong zinc-lead anomaly about 1.5 kilometres south of the company’s Kihabe Project Resource following geochemical soil sampling in Botswana.

The north-east trending geochemical soil anomaly has returned values of up to 236 parts per million zinc and 117 parts per million lead.

The anomaly may represent a parallel repeat of the Kihabe synclinal fold structure in this SEDEX style mineralised area.

Mount Burgess Mining is planning further geochemical soil sampling in the area, south of the Kihabe Resource, once current bush-fires have burned-out.

Soil sampling will be extended northeast to join up with a previously sampled area which resulted in delineation of the geochemical anomaly over what has now been drilled to produce the Nxuu Resource, 7 kilometres to the east of the Kihabe Resource.

Kihabe-Nxuu Project interest

Earlier this year Mount Burgess Mining revealed it is in discussions with parties interested in involvement in the Kihabe-Nxuu Project.

The project hosts a total JORC Resource of 25.3 million tonnes at 3% zinc equivalent, with 11.4 million tonnes at 2.9% zinc equivalent in the higher confidence Indicated category.

Kihabe contains a Resource of 14.4 million tonnes at 2.84% zinc equivalent, while Nxuu hosts a Resource of 10.9 million tonnes at 3.2% zinc equivalent.

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