The Chairman of Copper Intelligence, Andrew Groves.
US-listed explorer, Copper Intelligence Inc., is advancing its copper exploration and development projects in the Democratic Republic of Congo following promising initial drilling results from its Butembo Copper Project.
According to drill-core data released by the firm during the Clean Energy & Metals Virtual Investor Conference in August, the initial six-hole drilling programme confirmed a strong near-surface copper mineralisation profile. This included 7.55 metres at 5.39 per cent copper from the surface, while extending the known mineralised structure to over 300 metres along strike.
Speaking in an interview on CNBC Africa’s Power Lunch East Africa, the Chairman of Copper Intelligence, Andrew Groves, confirmed that the firm expects to release another six drill results this week. He noted that the mineralised strike length now extends to about 1,400 metres, with the potential to widen the mineralised zone to roughly 75 to 100 metres.
“We are very excited about the copper grades so far. The first six holes have proved up what we thought all along. We get grades of five per cent, 18 per cent, and 30 per cent, but when you composite over each of the holes, we are running at about 2.96 per cent of the 16 metres each hole,” Groves said.
