Announcement Date: 2022-04-04
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Noronex Ltd.
Project name: Witvlei
Location: Namibia
Commodities: Copper
Highlight: Drilling results incl. 27m @ 1.6% Cu from 42m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Perth, Western Australia – 4 April 2022 – The Board of Noronex Limited (Noronex or the Company) (ASX: NRX) is pleased to provide an update on the exploration of its suite of copper projects in Namibia. Including all of the mineralised intervals Hole 22DHRC04 now reports without dilution reports 153m at 0.39% Cu from 34m and Hole 22DHRC06 reporting 112m at 0.44 % Cu from 42m. The holes intersected the Eskadron Formation containing brown siltstone and at contact with a thick oxidised red sandstone. Mineralisation is strongly developed at the first siltstone above this sandstone reporting 27m @ 1.6 % Cu in 22DHRC06 with values up to 4% Cu over 1m. The bedding and mineralisation is interpreted to dip steeply to the south but no orientated core is available yet to understand the mineralisation style. A diamond drilling program will be considered after further infill RC drilling. Malachite staining was intercepted from surface in hole 22DHRC005 and oxidation is down to approximately 20m vertically with fine pyrite, chalcopyrite and chalcocite developed in the siltstone horizons at depth below.
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