BCL Limited, through the Joint Venture (JV) with BML, has approved funding for exploration to commence immediately at Takane (PL 54/98).
The JV partners believe there is potential for further discovery of significant base and precious metal mineralisation in this tenement.
The Takane area is approximately 10 km from the Maibele North Prospect where 3 drill rigs have been drilling massive and disseminated Ni-Cu sulphide mineralisation since June 2014. Exploration activities on 6 of these anomalies will commence
today and continue through the December 2014 quarter.
The JV partners believe that the discovery of significant mineralisation at any of these anomalies will potentially transform this part of the Limpopo Mobile Belt into a new and relatively underexplored (by modern geological techniques) mineral province within eastern Botswana.
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