Mount Burgess on Track to Develop Nxuu Deposit, Govt Of Botswana Gradually Eases Restrictions

  • Jun 05, 2020 AEST
  • Team Kalkine

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).

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK