Sase prospect explained

Sase prospect
Pushpin Map:Democratic Republic of the Congo
Pushpin Label Position:top
Coordinates:-11.4881°N 27.1692°W
Subdivision Type:Province
State/Province:Haut-Katanga
Country:Democratic Republic of the Congo
Products:Copper, Cobalt

The Sase prospect is a copper-bearing deposit in Katanga Province, Democratic Republic of the Congo, being developed by Tiger Resources.

The Sase prospect lies within the Lupoto concession, about 10km (10miles) the south of Tiger's Kipoi Mine and to the north of the older Lupoto Mine in the Kalumines concession area.The concession covers an area of 140km2.In 2008 Tiger reported that exploratory drilling had found ores with significant grades of copper.[1] Mineralization at the Sase location has been shown on a strike length of 700m (2,300feet) and width up to 300m (1,000feet).[2] Maiden resource was planned for release in the first half of 2011.In February 2011, Tiger said it was planning to build a solvent-extraction plant that would process copper ore feed from the Kipoi and Lupoto projects.[3]

Notes and References

  1. Web site: Tiger Resources consolidates project interests around Kipoi Resource . Tiger Resources . 21 October 2008 . 2011-11-13.
  2. Web site: Die Produktion auf Tiger Resources Kipoi-Projekt läuft besser als geplant . Björn Junker . July 5, 2011 . Wallstreet Online . German . 2011-11-13.
  3. Web site: Tiger aims to finish study on next Congo copper mine end March . Reuters . February 15, 2011 . 2011-11-13.