Bezant Resources begins geophysical surveying on Kanye manganese project

Bezant Resources begins geophysical surveying on Kanye manganese project
Bezant Resources begins geophysical surveying on Kanye manganese project

(Alliance News) – Bezant Resources PLC said on Monday it has started carrying out geophysical surveys at the Kanye manganese project in Botswana to help expand the deposit’s footprint.

The copper and gold exploration company which has projects in Africa, South America and the Philippines said IP/resistivity geophysical surveys will be undertaken initially on three profiles across the detrital manganese deposit as established by the mapping and drilling program of the previous phase 1.

Based on the results obtained, Bezant Resources indicated that it was planned to extend the survey for at least two kilometers along the axis of the mine in order to test the extensions of the deposit indicated by previous soil sampling.

Bezant Resources said the objective of the survey will be to expand the footprint of the deposit by defining targets for additional drilling, leading to the definition of an initial mineral resource.

“We have been encouraged by the results of the initial drilling program and metallurgical recovery testing which has demonstrated that the Kanye mineralization is potentially suitable for processing into high purity manganese and therefore has significant potential value. new geophysical study aims to define the size and scope of the project before proceeding with further drilling,” said Colin Bird, executive chairman of the board of directors.

“We will inform the market of the results of the study and plans for the resulting drilling program, if applicable.”

Bezant Resources shares were flat at 0.019 pence each in London on Monday afternoon.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All rights reserved.

-

-

PREV A partnership to revolutionize agriculture in Africa
NEXT Stock market: Suspension of TPCI 2022-2029 is lifted as of May 10, 2024.