Golden Deeps has commenced a new diamond drilling program that tests extensions of the Nosib stratabound copper-silver deposit on its Otavi Mountain Land tenements in northern Namibia.
Previous drilling of the Nosib deposit defined a zone of copper-vanadium-lead-silver oxide/supergene mineralisation from the surface, which now forms the majority of a maiden mineral resource for the prospect announced in June 2024.
The Nosib oxide mineralisation transitions at depth and to the west to a primary copper-silver stratabound sulphide deposit.
The deposit is hosted by the Nosib Formation clastic sediments (feldspathic sandstone and conglomerate/diamictite), which is a unique and under-tested setting for the predominantly carbonate-hosted Otavi Mountain Land deposits such as Tsumeb.
The most westerly/most bottomless hole into the copper-silver sulphide zone from diamond drilling in 2023 intersected 44.22 metres @ 0.50% Cu, 3.2 g/t Ag from 34.8 metres, including a semi-massive sulphide zone of 0.49 metres @ 10.3% Cu, 56.9 g/t Ag.
The copper-silver sulphide zone thickens and increases overall grade to the west/at depth.
Up to three diamond drill holes (up to 330 metre) are testing extensions of the thick copper-silver stratabound sulphide deposit at Nosib, to the west and at depth.
The first hole, which is in progress, is testing the down dip of NSBDD0017. Proposed step-out holes will test potential deposit extensions on 20-metre-spaced sections to the west.
The Nosib prospect is located at the western end of the company’s EPL 3543, 20 km southwest of Abenab.
Nosib is a discovery that has produced several exceptional, thick, and high-grade vanadium-copper-lead-silver RC and diamond drilling intersections over the last 12 months.
