Nov 25 2010
Mukuba Resources Limited (TSX VENTURE:MKU) has announced further assay results from recently completed diamond drilling on Targets 17 and 18 within the Northcore Project, located southwest of Ndola, Zambia.
These results confirm the presence of copper mineralization and reflect a continued improvement in copper grades and intercept widths. Mukuba focussed its 2010 exploration program on various high priority targets within the larger exploration license areas on the Northcore Project including a total of 7,602 metres (31 holes) of diamond drilling. Encouraging intersections from numerous boreholes indicate variable copper mineralization from lithologies higher in the sequence.
Trevor Richardson, President and CEO of Mukuba Resources commented, "With just about every drill hole intersecting copper mineralization, we are very encouraged by the results from the 2010 drilling program. As the drilling program progressed on Targets 17 and 18, the results continually improved suggesting we are getting closer to the source of copper mineralization. The last few holes, which contain significant sulphide mineralization, were completed just before the start of the rainy season which marks the end of the exploration season. Over the next couple of months our team will be interpreting the data in order to plan the 2011 drilling program and prioritize additional targets that have been delineated by the soil sampling program".
Regional soil sampling across various new target areas within the larger license areas has been completed and the anomalous areas are being followed up with detailed soil grids prior to the onset of the seasonal rains to better delineate the newly identified soil targets. It is anticipated that numerous drill targets will be identified and selected based on the level of coincidence between the results of the new soil geochemical survey and recently acquired airborne geophysical data to be tested in 2011.
All sample results have been received from the laboratory. Analysis of the samples were carried out by SGS Inspection Service, Kalulushi, Zambia using a mixed, four acid digest with an AAS finish on the bulked up solution. The laboratory is awaiting final accreditation following an inspection in February 2011.
Qualified Person
Mr. Chris Meyer (Pr.Sci.Nat.) is a "Qualified Person" as defined by National Instrument 43-101 and oversees Mukuba's exploration programs. Mr. Meyer has supervised and approves the preparation of the technical information contained in this press release.