Mining group African Copper has revealed the initial inferred resource estimate for the Mowana North Area in Botswana as 56.8m tonnes grading 0.45 per cent copper.
Drilling has been conducted over an area covering 2km by 300 metres with samples taken across the mineralised orebody for testing. The results were categorised as inferred because it was not possible to identify a continuity of high grade intersections between boreholes. The estimate may be recategorised once additonal, more closely spaced infill drilling between current section lines occurs.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
-
MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
