Mount Burgess reveals silver mineralisation at Kihabe, gears up for drilling at Nxuu


  • Mount Burgess Mining NL (ASX:MTB) has compiled mineralisation data to quantify the extent of additional silver-associated mineralisation in the NE silver domain of the Kihabe polymetallic deposit.
  • Kihabe deposit consists of Ag, Zn, Pb, Cu and V2O5 mineralisation reported previously by the Company. 
  • Mount Burgess is also designing a proposed drilling programme for the Nxuu Deposit. 

Mount Burgess Mining NL (ASX: MTB) enjoys the exposure to diverse mineralisation at the Nxuu and the Kihabe polymetallic deposits in Botswana. At Kihabe, the Company appears to up the ante to unveil its strong potential.

In line with its current focus to develop the Nxuu and Kihabe deposits, Mount Burgess has compiled previously outlined mineralisation data pertaining to silver from the Kihabe deposit. This was done to demonstrate additional silver-associated mineralisation in the north-east silver domain.

Previously this month, Mount Burgess had outlined additional mineralisation associated with silver in the SW silver domain of Kihabe. Subsequently, it received enquiries about other mineralisation, which was associated with two silver domains at the Kihabe deposit.

ALSO READ: Why mineral development in Botswana is the ideal choice for Mount Burgess

Notably, Zinc, Lead, Silver, Vanadium, Vanadium Pentoxide, and copper mineralisation is associated with the two silver domains.

The announcement for the north-east (NE) domain comes after the data compilation concerning associated mineralisation within the south-west (SW) silver domain. 

READ MORE: Mount Burgess Mining updates on associated mineralisation at Kihabe Deposit Silver Domains

Average grades of mineralisation at NE silver domain

Mount Burgess compiled a table, charting the metres and grades of Ag/Zn/Pb/Cu/V2O5 mineralisation for each drill section involved. The compilation, aimed to quantify the mineralisation extent, is associated with silver in the NE domain. 

Source: MTB ASX Update, dated 24 June 2021

The total average grade for various mineralisation includes 2.0 oz/t silver, 2.4% zinc, 2.1% lead, 0.2% copper and 779 ppm V2O5

ALSO READ: Promising Vanadium update at Kihabe sends Mount Burgess stock soaring

Overview of silver domains at Kihabe

The 2.4-kilometre-long mineralised strike of the Kihabe Deposit consists of an SW silver domain and a NE silver domain.

The SW domain stretches from grid coordinates 9,850E to 10,400E and covers 550-metre strike length. Meanwhile, the NE domain extends from the local grid coordinates 11,100E to 12,000E to cover over 900 metres of strike length.

ALSO READ: Skim through Mount Burgess’ Copper & Silver zones at Kihabe

Source: MTB ASX Update, dated 24 June 2021

Proposed drilling at Nxuu deposit

Mount Burgess is currently designing a proposed drilling programme for the Nxuu Deposit, situated seven kilometres east of the Kihabe Deposit. Nxuu Deposit’s mineralisation occurs in a flat-lying basin-shaped structure, and is totally oxidised. Metallurgical testwork conducted on the Nxuu deposit has shown the recovery of significant minerals like zinc and lead. 

ALSO READ: Mount Burgess (ASX: MTB) reports robust Germanium results, 800-metre copper zone at Kihabe-Nxuu

The Company is planning a HQ diamond core drilling on 60 vertical drill holes for a total advance of 2,600 metres. The drilling plan is dependent upon an average depth to the base of mineralisation of 43 metres per hole in the Nxuu Deposit. 

Results from the drilling programme may help Mount Burgess in quoting a 2012 JORC Code-compliant Indicated/Measured Resource. Along with additional confirmatory metallurgical test work, the assay results would facilitate Mount Burgess to advance to a Pre-feasibility study.

On 23 June 2021, MTB quoted AU$0.008 on the ASX.

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.



Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

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