Business
Hope Cu-Au Project Update
Hope Cu-Au Project Update.
About this update from Bezant Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9479T\n Bezant Resources PLC\n 30 November 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n 30 November 2021\n \n \n Bezant Resources Plc\n \n \n (\"Bezant\" or the \"Company\") \n \n \n Contracts signed for Hope drilling and studies for mining licence application\n \n \n \n \n \n Bezant (AIM: BZT), the copper-gold exploration and development company, is pleased to announce that it has mobilised a drill rig to test several new airborne EM targets in the vicinity of the Hope and Gorob copper-gold deposits in Namibia and has commenced work in preparation for a mining licence application over the Hope-Gorob copper-gold project area. \n \n \n \n \n \n Highlights:\n \n \n \n \n \n · \n A drill rig has been mobilised to undertake at least 2,000m of diamond drilling to test a number of new airborne EM conductors in the vicinity of the Hope and Gorob deposit cluster on the Matchless belt in Namibia\n \n \n · \n The drilling has the potential to add to the existing JORC (2012) - compliant mineral resource base\n \n \n ·\n Bezant has also engaged consultants to undertake work on an updated scoping study and an environmental screening and baseline study covering the Hope-Gorob deposits, with the aim of preparing for a mining licence application before the expiry of the current exclusive prospecting licence in October 2022\n \n \n ·\n The studies will cover such areas as geotechnical engineering, underground mine planning and scheduling and financial assessment, as well as groundwater, biodiversity and dust monitoring\n \n \n · \n Work has already commenced on data review/evaluation and environmental monitoring\n \n \n \n \n \n \n \n \n \n Colin Bird, Executive Chairman of Bezant, commented\n \n : \n \n \n \n \"\n \n We consider Namibia a very supportive jurisdiction and\n \n we are doing all necessary to progress plans for a mining application at Hope-Gorob\n \n .\n \n \n \n \n \n We are excited about the planned drilling programme - we have an already established resource and the geophysics suggests the potential to mirror that resource. A drill rig is on site and we look forward to reporting on progress as the programme advances.\n \n \"\n \n \n \n \n \n \n Diamond Drilling Programme\n \n \n Modelling of data from Bezant's helicopter-borne...