Noronex (ASX:NRX) has announced promising assay results from its initial drilling at the Fiesta Copper Project in Namibia. The project, located in the Kalahari Copper Belt, is part of a 5,000-meter initiative funded by a South32 Limited subsidiary. The first four drill holes have shown significant copper and silver mineralization, with highlights including a 30-meter intercept at 1.1% copper equivalent.
Noronex (ASX:NRX) has made significant strides in its exploration efforts at the Fiesta Copper Project in Namibia's Kalahari Copper Belt. The initial drilling has identified promising zones of copper and silver mineralization. With 14 of the planned 20 drill holes completed, Noronex aims to uncover new mineralized areas within the 4km long system. The company plans to continue its drilling program, with the rig moving to the Damara Project next. This exploration is supported by a partnership with South32 Limited, enhancing the potential for discovering large-scale copper deposits. Noronex remains focused on expanding its exploration activities and contributing to the growing demand for copper.
We are encouraged by these initial results which confirm the potential for significant copper mineralization at Fiesta. Our team is excited to continue exploring this promising region and to move forward with our drilling program.