| Announcement Date: | 2022-08-29 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Noronex Ltd. |
| Project name: | Witvlei |
| Location: | Namibia |
| Commodities: | Copper |
| Highlight: | Drilling results incl. 4m @ 1.7% Cu from 43m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Perth, Western Australia –29thAugust 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. Noronex’s exploration package in Namibia now covers over 5,600 km2 of the highly prospective but relatively underexplored Kalahari Copper Belt (Figure 1) which runs from central Namibia to northern Botswana. The tenements contain ~300 kilometres of strike length targeting the key NPF-D’Kar formation contact point where most copper deposits occur on the Kalahari Copper Belt. Figure 1. Aeromagnetic plan of the Kalahari Copper Belt between Namibia and Botswana showing Noronex EPL’s, new applications and location of recent drilling at Ngami by Cobre Limited. Witvlei Drilling The focus of the current exploration efforts at the Witvlei project, comprising two Exclusive Prospecting Licences (EPLs 7028 and 7029) covering 390 km2 that are prospective for sedimentary Cu-Ag mineralisation, is now on the Daheim Prospect and extensions to the Malachite Pan deposit which contains an existing JORC (2012) resource. |
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