Mukuba Resources Updates Cominex Copper Project

By Midnight Trader,  September 21, 2012, 03:42:42 PM EDT

Mukuba Resources Limited (MKU.V) provided an update on the exploration program on the Cominex Copper Project in the Democratic Republic of Congo, a joint venture with Benzu Resources Limited.

In June 2012, a shallow reverse circulation drilling program was commenced on the Nkome and Kitete-Salabwe prospects within the Cominex Project license area.

The two target areas are covered by thick alluvium and lateritic material and the drilling program was designed as a systematic geochemical sampling campaign across these two prospects on a 500m x 100m grid.

It is anticipated that the program will help to identify a number of targets that can be subsequently drill tested.

The samples collected were assayed internally by a hand-held Niton device at the camp; selected samples will be submitted to an internationally reputed laboratory for full geochemistry analyses.

MKU shares were up a penny at $0.09.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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