MTB 0.00% 0.2¢ mount burgess mining nl

68th Minesite Forum - London, yesterday.....After the break the...

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    68th Minesite Forum - London, yesterday
    .....After the break the focus switched away from gold. First came David Nel with his coal proposition in South Africa. He was closely followed by Nigel Forrester from Mount Burgess, which has a promising-looking zinc-lead-silver asset in South Africas northern neighbour Botswana. Work on the companys 3,000 square kilometre Kihabe/Nxuu project grew out of an earlier search for diamonds that outlined a proterozoic belt across the Namibia-Botswana border. This has subsequently been the subject of intense interest from Mount Burgess, and although the grades arent anything to jump up and down about, Nigel is adamant that they will easily support an open pit operation to mine the 741,0000 tonnes of contained metal that has already been identified on the property. A scoping study is currently being updated, and the results of that are expected out fairly soon.

 
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