By: Energy capital & power

Australian mining firm Noronex Limited has confirmed new copper and silver deposits at its Fiesta Project in Namibia following an assay campaign.

Located 500 meters west of previous intercepts, the newly identified deposits share key characteristics with high-grade formations found at a Botswana project 400 km away, according to Noronex.

“Our next step will be to undertake diamond drilling to test the full width and style of mineralization, as well as seeking to further extend the strike as the system remains completely open to the west,” stated Bruce Hooper, Chief Geologist, Noronex.

While 19 reverse circulation holes have been completed at Fiesta, the company is also advancing exploration at its Damara Copper Project in Botswana, where drilling on the seventh hole is underway.