Introduction
The Lubembe deposit is an advanced exploration prospect
located in the DRC, and roughly equidistant between the
border towns of Kasumbalesa and Mokambo. Lubembe is
currently the focus of a new mining concept study.
Activities over the last 18 months
A SAMREC-compliant mineral resource estimate of 93 million
tons at 1,9 percent copper was completed for the Lubembe
deposit in March 2011.
Based upon current orebody knowledge and modelling a
number of mining scenarios were completed by Snowden
Mining Consultants. These studies cover the spectrum of highvolume,
low-grade options to low-volume, high-grade options.
As a result of these studies it has been decided to drill a
number of closely spaced drillholes at 50 metre centres to test
the geological continuity of high-grade mineralisation on the
southern part of the deposit.
The Metorex Board has approved an additional US$900 000
to explore the targeted areas and, once completed, the results
will be used to further inform the mining scenarios developed
by Snowden. Metallurgical testwork is ongoing and, a number
of processing scenarios are being advanced. Metago and
rePlan were appointed for environmental and social impact
studies, which are being run oncurrently with the Kinsenda
studies.
Outlook
Metallurgical testwork is ongoing and a number of processing
scenarios are being advanced. The schedule for the concept
study shows completion by November 2011. |