Curated News
By: NewsRamp Editorial Staff
May 03, 2024
Resource Mining Corp Delivers High-Grade Copper-Gold Grades at Mpanda
TLDR
- Investors can gain advantage from high-grade copper-gold results at Mpanda Project in Tanzania, indicating potential significant resource for future development.
- The exploration at Mpanda Project revealed significant rock chip and channel sampling results, supporting the presence of copper-gold mineralization for further development.
- The high-grade copper-gold results at Mpanda Project offer the potential to create new opportunities for exploration and exploitation, driving economic growth in Tanzania.
- Exploration at Mpanda Project in Tanzania uncovered high-grade copper-gold results, demonstrating the region's rich mineralization potential for future development.
Impact - Why it Matters
The high-grade copper-gold results from the Mpanda Project in Tanzania have the potential to lead to significant resource development and exploration opportunities, which could impact the global copper and gold markets. Investors and stakeholders in the mining industry should take note of these findings as they indicate the presence of substantial mineralization and point to the possibility of future resource development.
Summary
Resource Mining Corporation Ltd (ASX:RMI) director Trevor Matthews discusses high-grade copper-gold results from ongoing exploration at the Mpanda Project in Tanzania. Significant findings include rock chip samples with up to 6.97% copper and 17.97 g/t gold, and 6.93% copper with 6.54 g/t gold, collected from the Kabungu copper anomaly. Matthews highlights the positive impact of these results on defining further exploration and exploitation opportunities within the extensive tenement package. Further exploration plans include more drilling and detailed geological mapping, particularly in the Mpanda Ndogo anomaly.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Resource Mining Corp Delivers High-Grade Copper-Gold Grades at Mpanda
