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Discovery confirms more copper finds

Staff Writer
Discovery Metals has confirmed the presence of potential economic mineralisation from the first three exploration drill holes into its Quirinus prospect covering over 600 metres of this anomaly that has now been drill tested.

The Quirinus prospect is located 15 kilometres from the current mineral resources at Zeta, Plutus and Petra in northwest Botswana.

The prospect remains open along strike to both the northeast and southwest and at depth.  

These three holes were all drilled by the reverse circulation method to a maximum down hole depth of 90 metres.

Previous studies of the nearby Zeta, Plutus and Petra inferred mineral resources have shown that holes drilled by the reverse circulation method can underestimate the copper grade of the liberalisation.

 The company, which is listed on the BSE, ASX and AIM, said surface geochemical sampling has previously defined a 3 300-metre long copper anomaly at Quirinus.

 Historic geochemical results suggest the anomaly in this portion of the Quirinus prospect could extend to greater than 6 000 metres-along strike.  A regional soil geochemical survey is being undertaken in this area to better define the lateral extents of this anomaly. 

A diamond-drilling programme similar to those used to define the Zeta, Plutus and Petra Inferred Mineral resources is also underway at Quirinus to define any potential mineral

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resource. 

Said the Managing Director Discovery Metals, Brad Sampson: "To-date we have been drilling in areas which will allow us to fast-track the development of a significant copper mine at Zeta, Plutus and Petra.

"We have now successfully taken the knowledge and experience gained during this work into our regional exploration programme and have already identified another very prospective green field area at Quirinus.

"We believe that these results reinforce the potential for finding further mineralisation within Discovery Metals' entire tenement package in north-west Botswana."

Discovery Metals is focused on developing its copper and nickel projects in northern Botswana.

Its major assets are its Copper Project in the north-west and the Dikoloti Nickel Project in the north-east of the country."We believe that we are exploring in an emerging and significant copper province," Sampson said. 

The company commenced a pre-feasibility study on the copper project in August 2007 and aims to complete the pre-feasibility study by mid-2008.

The Dikoloti Nickel Project comprises four prospecting licences covering 610km sq surrounding the three nickel deposits of BCL Mine in Selebi-Phikwe.



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