BeMetals Uncovers Extensive Copper Mineralisation in Zambian Copperbelt

BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) has announced significant copper sulphide mineralisation from three of four new core holes at the Pangeni Copper Project in Zambia. 

The new analytical results reveal extensive copper zones covering more than 1.7 kilometres of strike length beneath sand cover, with the copper mineralisation exhibiting characteristics akin to those of major mines in the Domes Region of the Zambian Copperbelt.

Highlights of the 2024 Drilling Programme at the D-Prospect:

• Hole D24-C1: Intersected 16.16 metres grading 0.74% copper (Cu) with 533 parts per million (ppm) cobalt (Co), including 5.50 metres at 0.93% Cu with 701ppm Co.
• Hole D11-C3: Intersected 23.20 metres grading 0.54% Cu with 263ppm Co, including 7.90 metres at 0.92% Cu with 453ppm Co.
• Hole D22-C2: Intersected 14.78 metres grading 0.42% Cu, including 4.88 metres at 0.65% Cu.

These intercepts approximate or exceed the grades and widths of certain large-scale copper mines in the Domes Region. The copper mineralisation at the D-Prospect shows many geological similarities to the Lumwana Copper Mine deposits in the Domes Region.

The current exploration, beginning in March 2024, has involved the completion of six core holes totalling 2,038 metres. Four of these holes have returned analytical results, with ongoing geological logging and sampling for the remaining two. The primary aim is to identify zones of higher-grade copper and extend known mineralisation zones.

John Wilton, President and CEO of BeMetals, expressed excitement over the latest drilling results, noting the team’s increasing confidence in making a new copper discovery in the Zambian Copperbelt. The project’s geological understanding has led to improved drilling success, indicating significant scale and potential for a tier-one copper deposit beneath the Kalahari sand cover.

The Nkala Zone, within the 1.7 kilometres of known copper mineralisation, extends for at least 1.1 kilometres along strike. The southwestern-most hole, D24-C1, intersected 16.16 metres grading 0.74% Cu and 533 ppm Co, showcasing the potential of the Nkala Zone, particularly the Ingwe Shoot, characterised by increased widths and copper grades.

Dr. Richard Sillitoe, technical advisor to BeMetals, has noted the similarity of the copper mineralisation at the D-Prospect to the Lumwana Copper Mine operated by Barrick Gold Corporation, which has a measured and indicated resource of 1.36 billion tonnes grading 0.52% Cu. 

Given the success of the ongoing exploration, BeMetals plans to undertake a second, larger phase of core and aircore drilling later this year to further expand the mineralised footprint at the D-Prospect. The support of the Zambian Ministry of Mines and Mineral Development, as well as strategic investor B2Gold Corp., has been instrumental in advancing the exploration efforts.