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Kwanika Copper announces completes drilling program at Kwanika Copper Gold Project-The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition
9/13/2018 緊固件展-緊固件采購會-國際緊固件展-fastener expo |
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Serengeti Resources Inc. announced Kwanika Copper Corporation, a private company jointly-owned by Serengeti Resources (65%) and POSCO DAEWOO Corporation (35%), has completed the diamond and geotechnical drilling campaign at the Kwanika Copper Gold Project in support of the on-going Pre-Feasibility Study. Completion of the fully-funded PFS is expected mid-2019. Kwanika Copper Corporation completed a total of 7,411 metres in twenty-one holes to support detailed mine design and resource upgrade drilling program at the Kwanika Central Zone. Drill core was oriented and retrieved with triple-tube core barrels to enable comprehensive geotechnical data capture for detailed underground and open-pit mine engineering design. Included in the program were three drill holes to test foundation characteristics for potential tailings storage facility options. Additionally, down-hole hydraulic testing was completed, and vibrating wire piezometers and monitoring wells were installed in nine of the twenty-one drill holes to gather hydrogeological data on an ongoing basis as the project advances.
In addition to the drilling program, KCC also installed four hydrology stations in West Kwanika and Kwanika Creeks to capture data on surface water flow cycles and enable early development of a site-wide water balance hydrology model. Water quality monitoring for environmental baseline purposes was also completed and is on-going at six stations in the local area.
Mr David W Moore, President & CEO of Serengeti Resources and President of Kwanika Copper Corporation said that “We are pleased to have completed this substantial drilling program at Kwanika that was designed to meet a number of objectives, including testing for: engineering to inform mine design decisions; expansion of the resource envelope; enhancement of deposit grade by identifying and targeting potential high grade domains; exploration to test new areas and ideas. We are confident that the overall objectives of the program were met and believe this will be demonstrated as we advance the PFS.”
緊固件展-2019第二十屆廣州國際緊固件及設備展覽會-巨浪展覽
-The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition
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