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- Noronex (NRX) has completed the first-ever airborne electromagnetic (AEM) survey over its Witvlei and Dordabis projects in Namibia
- The projects cover 780 square kilometres within the prospective Kalahari Copper Belt
- The AEM survey began in January and aimed to generate drilling targets
- While final data won’t be received until next month, initial data has shown a strong conductive horizon, which may be associated with a shear zone
- Noronex will continue field work ahead of a planned drilling program in the second half of the year
- Company shares have dropped 3.85 per cent to trade at 12.5 cents
Noronex (NRX) has completed the first-ever airborne electromagnetic (AEM) survey over its 780-square-kilometre tenement package in Namibia.
The AEM survey began in early January and focussed on the Witvlei Project which is made up of two exclusive prospecting licences (EPLs) and the Dordabis Project, which comprises one EPL.
These projects are located along the prolific Kalahari Copper Belt, which is prospective for copper-silver mineralisation.
The AEM survey aimed to generate new targets for a future drilling program.
Around 4203 line kilometres of data was collected, with 2600 kilometres from the Witvlei projects and 1603 kilometres from the Dordabis Project.
While final data won’t be received until next month, initial data has indicated there’s a strong conductive horizon running southwest to northeast along strike of the tenements which is associated with a large regional structure. The structure is interpreted to be a graphitic-rich shear zone.
Unfortunately, COVID-19 restrictions, flooding and land holder access issues at Dordabis have caused a delay in data collection.
Noronex will continue exploration work which will include detailed mapping, analysis and compiling historical data ahead of the drilling program planned for the second half of the year.
Company shares have dropped 3.85 per cent to trade at 12.5 cents at 2:57 pm AEDT.
