MOUNT BURGESS MINING N.L. has been listed on the Australian Stock Exchange since 1985 and is currently developing a 30 million tonne Zinc, Lead and Silver resource in Botswana as well as exploring for diamonds in both Botswana and Namibia. The Company has exploration licences covering 100% of the known prospective Proterozoic Belt of metasedimentary rocks, with around one third of the prospective geology occurring in Botswana (PL 69/2003) and two thirds in Namibia (EPL’s 2818 and 3022). The Company believes that the freshness and sub-rounded state of some of these G9 and G10 garnets is indicative of a short transport distance in the regolith and, thus, these indicator mineral anomalies are in close proximity to as yet undiscovered kimberlitic sources. Also that the known kimberlitic indicator anomalies can be constrained to discrete palaeosurface domains defined by a series of subtle extensional half-grabens filled by the Kalahari Sands and bounded by listric extension faults.
Mining CompanyZinc, lead, silver, diamond
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