Since 2017, we’ve been exploring the 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex, one of the largest current exploration programs in Africa. Exploration has resulted in two significant finds, Makoko and Kiala, which could potentially feed ore into the Kamoa-Kakula Copper Complex or, eventually, contribute to a standalone processing facility the Western Foreland licenses.
Drilling at Makoko has defined a flat-lying stratiform copper deposit, similar in setting to the Kamoa and Kakula deposits. The mineralized zone at Makoko relates to an east-southeast trending growth fault structure and has now been tested over a strike length of approximately 11 km. Recent drilling up-dip of the Makoko mineralized structure has intersected a second parallel zone of shallower mineralization. The highest-grade section of the Makoko deposit occurs between 400 and 800 m in depth and coincides with the area of 200-m spaced drilling.
The Kiala area is considered prospective as there are two key ingredients to high-grade mineralization occurring in this area. This favorable combination is also responsible for the Bonanza-style grades in the Kamoa North area of the Kamoa-Kakula Copper Complex.
Work is currently underway on preparing maiden mineral resource estimate for the two targets for release in late-2023.
This will be followed by a Preliminary Economic Assessment (PEA) for the development of the deposits.