Sydney - Tuesday - October 2: (RWE Aust Business News) -...

Sydney - Tuesday - October 2: (RWE Aust Business News) - Zambezi
Resources (ASX:ZRL) has made encouraging progress on its priority Cheowa
copper-gold project in southern Zambia.
Infill and extension Reverse Circulation drilling at the CC2
prospect has returned excellent results including 4m at 4.31 per cent
copper and 0.99 grams per tonne gold, 6m at 1.87pc copper and 0.25g/t
gold, 6m at 1.76pc copper and 0.20g/t gold, 5m at 1.78pc copper and
0.23g/t gold, 4m at 2.14pc copper and 2.01g/t gold, 6m at 1.41pc copper
and 0.40g/t gold, and 7m at 1.14pc copper and 0.07g/t gold.
Diamond drilling at the CC2 prospect has also returned excellent
results including 4m at 3pc copper and 0.40g/t gold, and 7m at 1.70pc
copper and 0.40g/t gold.
Based on assays received and visual estimates, the strike length
of mineralisation at CC2 has been extended to 2,100 metres.
CC2 remains open to the west and at depth, with drill testing
only to 200m vertical to date.
A new phase of diamond drilling to test to 400m vertical and then
to 600m vertical has now commenced at CC02 with the arrival of a deeper
capacity drilling rig.
A revised resource estimation exercise is now underway for CC2,
with results expected in November.
In addition to the mineralised strike at CC2, a further
mineralised zone has been identified to the east of CC2, commencing 300m
to the east of CC2 and extending an additional 800m along strike to the
east at conductors CC3, CC4 and CC6. This zone remains open to the east
and at depth. Assays results are awaited.