Mount Burgess (ASX: MTB) reports germanium potential at Nxuu Deposit

July 28, 2023 02:33 PM AEST | By Sonal Goyal

Mount Burgess (ASX: MTB) reports germanium potential at Nxuu Deposit — Image source: Company website

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Highlights

Mount Burgess has reported data assembled for germanium assaying across 32 drill holes out of 52 holes at the Nxuu Deposit.

Germanium is usually associated with gallium in zinc deposits.

The company plans to undertake testwork on gallium and germanium.

Mineral explorer and developer Mount Burgess Mining NL (ASX: MTB) has shared the assembled data for 32 drill holes assayed for germanium (Ge) at the Nxuu Deposit in Botswana. Assaying for Ge has been conducted on samples collected during two drilling campaigns in 2017 and 2021 at the main zones of the Nxuu Deposit.

MTB informed that the results shared are based on applying a 3g/t low cut grade, considering the surge in Ge price.

The results show the averages for 32 holes-

Data Source: Company update

Data source: company update

MTB said that including the Ga/Ge/V₂O₅ extensions will decrease the waste to ore ratio potentially to less than one to one, while extending the overall mineralised zones beyond those of the Zn/Pb/Ag mineralisation zones.

The company now plans to undertake testwork on gallium and germanium.

Also, the metallurgical test work on the Nxuu Deposit samples has shown:

Data source: Company update

MTB shares traded at AU$0.004 apiece at the time of writing on 28 July 2023.

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