I am not a geologist but somehow I have the feeling that there might be a link between Kitumba and Kakozhi. As I understand this type of ressources occur in clusters. This means that all around Mumbwa BTR might find similar deposits like at Kitumba.
Due to the fact the this last drilling hole to the west towards Kakozhi is showing native copper (by naked eye and with a good chance that we might see high grade copper there) it might be that the complete zone between Kitumba and Kakozhi is rich of copper.
If the drillings at Kakozhi would deliver similar results like at Kitumba this could mean, that we have 2 high grade deposits and in the 5 kilometers in between copper with lower grades (around 1%). This then would mean that overall this might a deposit of maybe half of Olympic Dam.
Am I completely wrong or might this be a possible scenario?
BTR Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
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