RMC reports significant gold intercepts at Tanzania project

A maiden reverse circulation (RC) drilling programme has been successfully completed at the Mpanda gold/copper project, in Tanzania, with significant intercepts returned from the Kabungu prospect, ASX-listed Resource Mining Corporation (RMC) has said.

Assay results were obtained from eight drill holes, with significant intercepts highlighted in hole MPRC0007 from the Kabungu prospect of 4 m at 2.5 g/t gold and 0.5% copper from 39 m and 2 m at 0.74 g/t gold from 47 m.

“The maiden drilling programme has provided a very positive start to the exploration works within this greenfield copper/gold area where no drilling has been recorded in the past. Anomalous copper/gold values are present in all prospects and work will continue to define the epithermal source from which they are derived,” RMC executive chairperson Asimwe Kabunga said on August 5.

The intercepts are part of a 2 km geochemical anomaly that remains untested along strike.

Numerous anomalous copper values were recorded from drilling at the Mpanda Ndogo and Stalike prospects, with 19 non-magmatic copper values ranging from 0.1% copper to 0.94% copper.

The sample assay results from five drill holes, from MPRC0009 to MPRC0013, from the Mpanda Ndogo and Vikonge prospects are pending, the company said.

So far, 13 RC holes for a total of 723 m have been completed in the Mpanda project.

The initial drilling has been completed at four prospects including four holes at Mpanda Ndogo, three holes at Stalike, three holes at Kabungu and three holes at Vikonge.

A ground magnetic survey programme is planned at Kabungu to clearly define the structure hosting the mineralisation.