Located in central Zambia, the historic Kabwe Mine was among the world’s richest zinc and lead producers, operating from 1904 to 1994.
Shuka Minerals, the London, JSE and AltX-listed Africa-focused mining company, said Wednesday it has completed a third drill hole at the No. 2 ore body at the Kabwe Zinc Mine project in Zambia, which had shown good results.
"The follow-up holes of our campaign continue to deliver excellent (Zinc) grades, with every hole and intersection we are learning more and more about the orebody," Shuka’s CEO Richard Lloyd said in a notice to the JSE.
"It is also encouraging to continue to see much higher grades and over significant widths versus the previously reported NI 43-101 resource. The upcoming drill holes will look to prove the ore body extending laterally and at depth."
He said the third diamond drill hole (KBDD03) was planned at 65 degrees at a bearing of 125 degrees and was designed to intersect the ore body 30 metres to the east of the KBDD01 intersection at a depth of approximately 250m.
