Great Western Exploration has taken large steps forward finding higher grade copper up to 41.5% at surface at Spasskaya in Kazakhstan.
Spasskaya is 50:50 JV with Kazakhstan’s National Mining Company, Tau ken Samruk to explore and develop the Spasskaya Copper Project located 200 kilometer southeast of the state capital, Astana.
The results came from field XRF analysis of trench samples collected at historical trenches at the Burnak1 and Burnak2 prospects returned some significant results including:
1. 12 meters at an average of 7.22% copper and a high grade of 14.80% copper.
2. 4 meters at an average grade of 21.15% copper and a high grade of 41.50% copper.
The Burnak 1 prospect is located 90 kilometers southwest of Karaganda and features abundant malachite mineralization exposed at surface in trenching over a strike distance of approximately 350 meters trending 110 degrees.
GTE took six XRF readings at 2 meters intervals along four trenches representing 100 meters of strike distance of the exposed copper zone and recorded an average width and grade of 8 meters 6.3% from 24 readings. At total of 36 samples were collected for copper analysis with results pending.
The Burnak 2 prospect is located 4km due east of Burnak 1 and features historic shallow workings and trenches extending over a distance of 450m trending 060 degrees.
A shallow south dipping zone of oxide copper mineralization has been well exposed in an inter-connecting trench over a strike distance of 60m. GTE took seven XRF readings at 2m intervals along three sections representing 40 meters of strike distance of the exposed copper zone and recorded an average estimated true width and grade of 2 meters at 15% from 7 individual readings. A total of 16 samples were collected for copper analysis with results pending.
GTE will act as the Operating Managers of the JV and the project. As such, the Company will be responsible for all budgets, exploration planning and execution and all the other technical and financial responsibilities. The project comprises a 12,500km2 area covering the majority of the Spasskaya Copper Field in central Kazakhstan that has been subject to historic copper mining since the 18th century.
Source - Proactive Investors.com
(www.steelguru.com)
