Kibo finds large nickel strike lengths at Haneti

13th July 2015

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Tanzania-focused Kibo Mining will implement a more focused drilling programme at its Haneti nickel project, following the completion of an independent airbrone geophysical data interpretation.

“This work enabled the prospectivity of the Haneti project for nickel sulphide mineralisation to be enhanced significantly, at minimum cost, and  provides a more detailed picture of the subsurface extent and geological structure,” CEO Louis Coetzee said.

The dual-listed miner added that the final report confirmed the location, strike extent and internal structure of two newly interpreted composite mafic-ultramafic zones, significantly extending the previously known   “footprint” of the Haneti-Itiso Ultramafic Complex (HIUC), with strike lengths of about 30 km in the southwest zone and 10 km to 20 km in the northwest zone.

Modelling of the high magnetic anomaly over the Mihanza drill prospect also showed that the magnetic susceptibility increased with depth and the prospective rocks extended to 800 m, indicating the potential for a significant volume of nickel prospective target rock at this location alone.

“The results emerging from our desktop studies, which started late last year, aimed to extract optimum benefit from our existing exploration database and the Tanzanian government geophysical data, which recently became available.

“The interpretation and modelling has produced exciting results, showing the HIUC rocks occur over a far greater strike length than previously thought,” Coetzee noted.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION