31st Jan 2022 11:30
(Alliance News) - Bezant Resources PLC said on Monday that it had completed geological mapping at its Kanye manganese project in Botswana and has begun preparing for follow-up tests at the site.
Shares in Bezant Resources were up 7.4% at 0.16 pence on Monday morning in London.
The London-based copper and gold exploration and development company said the mapping completed at the project indicates that the target horizon hosting high-grade manganese may extend continuously for at least four kilometres between the Loltware and Moshaneng prospects at Kanye.
Bezant Resources said a follow-up programme of soil sampling and trenching is now planned to commence in the coming week to test the continuity of the manganese target.
A preliminary plan has also been prepared for drill testing in the vicinity of the Moshaneng Borrow Pit at the Kanye project. The company explained that it will be finalised based on results of the soil sampling and trenching programme.
Executive Chair Colin Bird said: "The new mapping and prospecting programme at Kanye has for the first time highlighted the potential continuity of the target zone for high-grade manganese over a minimum of 4 kilometres between the Moshaneng and Loltware prospects.
"Along with the discovery of extensions to the mineralised zone in the Moshaneng Borrow Pit, this represents a very promising target for Bezant within the same geological horizon as Giyani Metals K-Hill project. We are now moving forward to a new phase of sampling and trenching to confirm continuity of the zone, with follow-up drill planning in preparation."
The Kanye project is 100% owned by Bezant Resources and covers a total area of 4,043 kilometres squared in Botswana.
By Heather Rydings; [email protected]
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