More copper deposit found in Zambia

EQUINOX Minerals, the owner of Zambia's largest mining area, has identified further deposits of copper and uranium near its Lumwana Copper Project, which is presently under construction in Solwezi in the North-Western Province.

Equinox President and CEO Craig Williams said Wednesday in a statement that "exploration and drilling progress continue to identify new sulfide mineralization discoveries near its Lumwana Copper Project."

He said the exploration results at the Kanga copper and uranium mineralization and the Kababisa intersections, which were both close to the Lumwana process plant, could lead to the discovery of additional resources.

"Enhancements to the current Lumwana mine plan may also be possible by bringing forward certain mine scheduling of higher grade deposits and by extending the mine life through mining these extra areas and resources," he said.

Source: Xinhua