Noronex (ASX:NRX) head west for enriched Daheim copper

Noronex drilling encountering strong, veining and shearing copper mineralisation at its Helm prospect is moving west to the nearby Daheim site on the Namibian side of the Kalahari Copper Belt in Southern Africa.

A diamond rig will drill a 400m diamond hole testing the central core of recently defined mineralisation.

The Company said the deep hole is to test potential high-grade mineralisation in the structure’s fold nose, crossing long copper intersections, which included 4m @ 3.3 % Cu and 10m @ 1.0 % Cu.

Geological cross-section diagram of NE-SW at Daheim with planned diamond hole A.

“A further diamond hole 500m to the west will extend the known mineralisation and test new region where 22DHRC024, drilled last year, we reported 3m @ 2.1 % Cu and 3m @ 0.8 % Cu,” Noronex Chief Geologist Bruce Hooper said.

NRX.AX

NORONEXLTD FPO [NRX]

ASX

$0.013

$0.0000

0.00%

About the Exploration Package

Noronex’s exploration package in Namibia covers ~7,000 km2 of the highly prospective but relatively underexplored Kalahari Copper Belt, which runs from central Namibia to northern Botswana. The tenements contain ~300 kilometres of strike length targeting the key NPF-D’Kar formation contact point where most copper deposits occur on the Kalahari Copper Belt.

The focus of the current exploration efforts has been on the Witvlei project, comprising two Exclusive Prospecting Licences (EPLs 7028 and 7029) covering 390 km2 that are prospective for sedimentary Cu-Ag mineralisation. Recent drilling has defined the Daheim Prospect and testing extensions to the Malachite Pan deposit, which contains an existing JORC (2012) resource.

Planning is underway to drill Noronex’s extensive claim package to the east of Witvlei (proximate to the Namibia/Botswana border), including the domal structure at the Helm prospect and the Humpback Project.

Daheim Planned Drilling

An initial diamond hole program is planned to test the number and extent of parallel mineralised horizons developed in the central portion of the Daheim prospect.

The drill program planning has utilised detailed geological interpretations from the most recent drilling at the prospect. This hole will establish the downdip continuity of the system. The planned hole will cross 22DHRC04 over 100m southwest where hole 22DHRC016 reported (ASX Release 4 April 2022 and 29th Aug 2022) intercepts of:

• Hole 22DHRC04 reporting 153m @ 0.4 % Cu from 34m including 29m @ 0.7 % Cu, 4m @ 3.3% Cu and 10m @1.0%
• Hole 22DHRC16 reporting 5m @ 0.8% Cu from 34m, 11m @ 0.4% Cu, 2m @ 1.3 % Cu and 2m @ 1.4 % Cu

About Noronex

NORONEXLTD FPO [NRX]

Sector: Basic Materials

Industry: Copper

Employees:

Noronex Limited engages in the exploration of mineral properties in Namibia and Canada. It primarily explores for base, precious metals, and copper. The company's flagship project is the Humpback-Damara copper project in Namibia. The company was formerly known as Lustrum Minerals Limited and changed its name to Noronex Limited in November 2020. Noronex Limited was incorporated in 2015 and is based in Subiaco, Australia.

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.