Orion Minerals has identified a group of new high-priority shallow copper drill targets in close proximity to the existing Mineral Resources at the Flat Mine North, East and South deposits that form part of the Okiep Copper Project.
The targets were identified during ongoing due diligence investigations being undertaken by Orion on the extensive database recently accessed. Orion has an option to purchase the extensive database owned by O’Okiep Copper Company.
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The quality of the targets already identified from the historical data underscores the highly prospective nature of the Okiep Copper District.
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Numerous historical surface drill holes with high-grade intersections are available in the O’Okiep Copper Company database recently accessed by Orion and are now being digitally captured and used to identify priority drill targets for further follow-up. These holes form part of the archive of more than 26,000 drill holes.
Orion’s MD and CEO, Errol Smart, comments:
“The Okiep Project continues to deliver pleasant surprises. As we delve into the historical drilling and mining data, we are finding numerous targets with good quality drilling information and outstanding potential to delineate shallow, high-grade mineralisation.
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“From our ongoing due diligence, it is becoming increasingly apparent that there is a clear opportunity both to establish early production and to ramp-up quickly to achieve significant scale across the district.
“We always expected to find some jewels in the data, but our best expectations for identifying low-hanging fruit are well and truly being exceeded.
“We are currently planning and budgeting our maiden exploration programs for the Okiep Project, and we can’t wait to get drill rigs on the ground to test some of these outstanding targets, many of which feature broad zones of strong copper mineralisation in historical drilling.
“Our new drill programs will be designed to grow our Mineral Resources and to test strike and dip extensions of the known mineralisation.”