MWE mawson west ltd

UPDATE – KAPULO PROJECTHighlights:• Safari North intercepts –...

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    UPDATE – KAPULO PROJECT
    Highlights:
    • Safari North intercepts – 16m @ 2.9% Copper
    • Mineralisation remains open along strike and at depth at Katanga and Safari N
    • The Company’s exploration program remains on track with two rigs on site and
    continuing to drill through the wet season
    • Several high-order geochemical anomalies along Kapulo fault
    Australian diversified minerals exploration company Mawson West (ASX: MWE)
    (“Mawson West” or “the company”) is currently drilling at the Katanga and Safari North
    copper prospects within the Kapulo Joint venture area with Anvil Mining.
    The high-grade Kapulo copper deposits are located 130km north-east of Anvil Mining’s
    operating high-grade copper/silver Dikulushi mine. Mawson West is earning 65% by
    spending US$4M over four years.
    Drilling Update – Kapulo Project
    Katanga
    Drilling has continued at this prospect with 21 holes completed to date. Definition
    drilling of the mineralisation is ongoing with several visually well mineralised holes
    recently completed – results expected in the coming month. Mineralisation remains open
    along strike and at depth.
    CORPORATE
    DETAILS
    ASX Code: MWE
    CONTACT
    DETAILS
    [email protected]
    www.mawsonwest.com.au
    ASX
    RELEASE
    Safari North
    Nine holes have been completed to date; results recently received include holes
    07SNDH003 and 008. As with Katanga, the orebody appears to have a southward plunge
    component which will be evaluated with the current drilling programme. The extent of
    mineralisation has not yet been determined by drilling and the orebody remains open at
    depth and along strike.
    Diamond Drill Hole Intercepts – Safari North Mineralised intervals
    HOLE ID
    COORD*
    DIP/AZIM
    INTERVAL
    (m)
    WIDTH
    (m)
    GRADE
    (%Cu)
    Infill/
    Exten
    07SNDH003
    07SNDH008
    746418E/9079100N
    746435E/9079050N
    -90O/-
    -75O/090O
    82-99
    Incl. 86-92
    33-49
    17
    6
    16
    1.49
    3.80
    2.93
    E
    E
    E
    *WGS84 Zone 35S
    Regional Geochemistry
    Results from the geochemical programme covering the Kapulo fault system, which hosts
    the Kapulo copper deposits, have returned several high-order anomalies. Further infill
    sampling is underway to aid drill targeting.
 
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