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Drilling Results at Hope Copper-Gold Project
Drilling Results at Hope Copper-Gold Project.
About this update from Bezant Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6037L\n Bezant Resources PLC\n 14 January 2021\n \n \n \n \n 14 January 2021\n \n \n Bezant Resources Plc\n \n \n (\"Bezant\" or the \"Company\") \n \n \n Exploration Drilling and Analytical Results\n \n \n at the Hope Copper-Gold Project, Namibia\n \n \n \n \n \n \n \n \n Bezant (AIM: BZT), the copper-gold exploration and development company, is pleased to announce results for its recent drilling programme at the Hope Copper-Gold Project in Namibia (the \"Project\").\n \n \n \n \n \n Highlights\n \n \n \n \n \n · \n Assaying of samples from the two diamond drill holes completed by Bezant at the Gorob-Vendome massive sulphide deposit has indicated continuity of copper-gold mineralisation within the Inferred Mineral Resource envelope. \n \n \n · \n Downhole assay intervals best results include 3.57m @ an average 4.36% Cu, 0.64g/t Au in hole GOD-001 and 3.0m @ an average 2.18% Cu, 0.26% Au in hole GOD-002 within a wider zone of copper-gold mineralisation.\n \n \n · \n Accompanying gold values in the Bezant holes support management's belief that the gold content could be higher than previously \n reported in the Gorob-Vendome Inferred Mineral Resource estimate\n and could add considerable value to the project; very limited gold assaying was carried out in the historic drill holes.\n \n \n · \n The new results will be incorporated into the Company's internal valuation studies and into future revised resource estimates.\n \n \n · \n Two diamond drill holes designed to test a NSAMT anomaly at Hope North intersected cavities and did not \n intersect any base metal mineralisation\n , confirming management's suspicion that the source is most likely to be saline water.\n \n \n ·\n Bezant is now planning for exploration along the 130km strike extent of the Hope/Matchless Copper Belt, including airborne geophysical surveying to see through the overburden cover which has hidden much of the Belt from previous explorers. \n \n \n \n \n \n \n Colin Bird, Executive Chairman of Bezant, commented\n \n :\n \n \n \"The result of this initial programme achieved the objective of confirming our assertion that gold should be present at the Gorob-Vendome deposit since it is present at the Hope project. Both copper and gold values were pleasing and we will obviously inte...