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    Ntambu

    Identified Drill Target Beneath Sand Cover

    Location of Zamare Minerals Ntambu licence

    Ntambu is located in The Domes Region of the Zambian Copperbelt where basement dome edges host significant, world-class deposits. Over the last 13 years, three new major copper mines have been discovered and constructed in this new western part of the Zambian Copperbelt.

    The Ntambu licence location

    Ntambu licence location on the Kabompo Dome edge

    Ntambu licence location on the Kabompo Dome edge (Click to zoom in)

    Zamare’s 100% owned Ntambu licence lies on the edge of the Kabombo dome, adjacent and in analogous geology to First Quantum Minerals’ Sentinel and Enterprise mines. The Sentinel mine currently produces 250,000 tonnes of copper per annum. Their Enterprise nickel mine is the largest in Africa. 

    In January 2021, Zamare Minerals signed a technical cooperation agreement with First Quantum Minerals Ltd over the Ntambu licence. Through the agreement First Quantum have provided Zamare with comprehensive soil geochemistry, airborne magnetics, radiometrics and EM as well as drilling data. First Quantum Minerals completed the work as part of their Trident exploration program but were required to relinquish the licence. This data was provided to Zamare at no cost and the Ntambu licence remains unencumbered and 100% owned by Zamare.

    Location of Ntambu licence relative to the Sentinel and Enterprise deposits

    Location of Ntambu licence relative to the Sentinel and Enterprise deposits (Click to zoom in)

    Ntambu has excellent geological similarities with First Quantum’s Trident Project:

    • along the same prospective basement edge
    • faults and structures are continuous from Enterpise to Ntambu including a mineralisation-controlling low-angle fault
    • same Lower Roan Formation.

    The highly prospective geology at Ntambu is hidden beneath Kalahari sand cover which has prevented exploration in the past but represents an opportunity for discoveries under cover. In fact, previous drilling by FQML has intersected limited mineralisation within the Ntambu licence (0.69% Cu over 1m). However, these positive drill results were not followed up on nor were they fully incorporated into exploration models. Zamare believes that the under-utilisation of the data First Quantum collected on the Ntambu licence was due to FQML shifting focus at the time to the discoveries at Sentinel and Enterprise.

    This is a clear strike extensive AMT and EM conductive feature ready for drilling. Zamare believes this may be analogous to FQM’s Enterprise mine.

    Drilling needed to establish potential for repeat Enterprise or Sentinel style orebody.

    Results of geophysical interpretation over the Ntambu licence, including target identification, by Zamare Minerals

    Results of geophysical interpretation over the Ntambu licence, including target identification, by Zamare Minerals (Click to zoom in)

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