Kibo’s Haneti exploration programme completed

13th December 2013

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – Preparations have started for a detailed drill programme at the Haneti project, in Tanzania, following the conclusion of work on the site’s 2013 nickel exploration programme, Aim- and JSE-listed Kibo Mining reported on Friday.

The Tanzania-focused mineral exploration and development company used the 2013 field programme to confirm and expand on the soil geochemistry and map the main targets along the Haneti Itiso Ultramafic Complex.

The results, which confirmed historical geochemical data from 2006 to 2011, established the readiness for an exploration drilling programme to obtain a definitive understanding of the geology and mineralisation potential and the enhancement of future interpretation and planning.

“Kibo remains excited about the Haneti project and is convinced that the next logical step for this project will be to conduct a detailed drill programme to identify and hopefully confirm the presence of sulphide mineralisation on the project,” Kibo Mining CEO Louis Coetzee said.

He noted that immediate follow-up work would focus on the acquisition and interpretation of the area’s recent aerial magnetic data and an exploration-drilling programme at Mihanza and Mwaka Hills, which would test the geochemical and geophysical targets resolved at these localities.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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