Currently developing the Kihabe and Nxuu Zinc/Lead/Silver/Germanium and Vanadium deposits in Botswana, Mount Burgess Limited (ASX:MTB) has developed resources in both the deposits to date. It plans to develop Nxuu first- a potentially shallow, low risk and low-cost operation.
Recently, the Government of Botswana has lifted certain lockdown restrictions. Subject to funding and lifting of restrictions to enable access to site, MTB plans to drill proposed vertical drill holes which will be assayed for Zn/Pb/Ag/Ge/V and then quote an Indicated/Measured resource compliant with the 2012 JORC Code.
Bulk Sensor Sorter X ray test work and Bulk Vertical milling test work will also proceed once the Company is able to reach the site.
MTB traded at $ 0.003 (11:48 AM AEST).
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