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LUSAKA, July 28 (Xinhua) — Lithic Metal and Energy, a joint venture partner of Zambezi Resources Limited, has announced the discovery of uranium mineralisation at its Oryx Uranium prospect situated about 80 km east of Lusaka, according to Zambia Daily Mail.

    Lithic Metals managing director Jim Kerr said the company was encouraged by the early confirmation of uranium mineralisation.

    “Obviously we are encouraged by the early confirmation of uranium mineralised associated with what we think is in-situ davidite in trenching and in drill core. We look forward to receiving assays from this work in the near future,” Kerr said.

    The company had since announced completion of 26 new trenches totaling over 9051 meters of testing peak uranium radiometric anomalies along a 2 km strike length.

    During this program Lithic Metals encountered uranium mineralisation thought to be davidite, a uranium rare earth mineral that at Oryx.

    Kerr said 100 samples were collected from zones of background top elevated scintillometer readings from three adjacent trenches and dispatched to Alfred Knight laboratories of Kitwe for sample preparation and to Alfred Knight laboratories in Alaska in Canada for analysis.

    Meanwhile under terms agreed in letter of intent between Rio Tinto and Zambezi Resources Limited on their Uranium Mineral Rights joint venture have completed a major survey at Mulofwe and identified several electromagnetic conductors within a regional shear zone.

    The joint venture plans to conduct follow up work to investigate the potential for uranium radiometric anomalism and potential uranium mineralisation.

    This work will commence in the third quarter of this year under the management of Rio Tinto as joint venture operators, and will comprise trenching, geological mapping surveying and drilling.

    And Rio Tinto Minerals of Australia has commitment to spend million U.S. dollars minimum to assess the potential uranium mineralisation at the Mulofwe prospect in Southern province.

    Rio Tinto is one of the pre-eminent largest mining firms in the World.

 
Editor: Gao
 
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