Business
Geophysical Surveying at Kanye Manganese Project
Geophysical Surveying at Kanye Manganese Project.
About this update from Bezant Resources Plc
[{"type":"text","content":"\n\n\n 27 August 2024\nBezant Resources Plc\n(\"Bezant\" or the \"Company\") \nGeophysical Surveying Extends Potential Target at Kanye Manganese Project\n \nBezant (AIM: BZT) is pleased to provide information on the positive outcome of geophysical surveying during August at its 100% owned Kanye manganese project in Botswana which was planned to assist in extending the potential footprint of the deposit.\n \nHighlights:\n \n· IP/resistivity geophysical surveying has traced near surface areas of high conductivity/low resistivity which could reflect manganiferous mineralisation for about 900m to the NW of the previously exposed manganese occurrence in the Moshaneng borrow pit, making 1.4km of potential target strike extent in total.\n \n· The geophysical anomaly extends up to 300m width in places, double that in the area already drill tested, and remains open further to the NW beyond the limit of the survey.\n \n· Follow-up RC drilling will be planned to confirm possible mineral continuity and grade. If mineralisation of economic interest is found by drilling then an extension to the IP survey is recommended to follow the strike further.\n \n \nColin Bird, Executive Chairman of Bezant, commented: \"We have previously discovered pods of high grade manganese mineralisation at the Moshaneng prospect and have sought to extend the deposit footprint. Therefore we are strongly encouraged by initial indications from the geophysical survey of potential for a wider zone of continuous mineralisation over at least 900m of strike, with the target still open further to the NW. We plan to follow up with drilling to confirm possible mineral continuity and grade and ultimately, dependent on the results, extend the resource.\nPreviously metallurgical recovery test work has demonstrated excellent overall manganese recovery, with a product potentially suitable for processing to high purity manganese.\"\n \n \n\nFigure 1 - IP Chargeability profile across the Moshaneng deposit extension - purple-red colours are strongly anomalous\n \n \nBackground - as previously announced\n \nThe Project Area lies just NW of Kanye Village some 65km SW of Gaborone, the capital city of Botswana and is close to the K-Hill manganese deposit where...