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Location: 50 km SW from Prieska, South Africa
Dunkeld Court 16 North Rd, Dunkeld West, RandburgJohannesburgSouth Africa2196
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Prieska Resources has BEE entrepreneurial companies as its shareholders, namely, Safika Resources (Pty) Ltd (44.72%), Kolobe Nala Investment Company (Pty) Ltd (37.97%) and Black Star Minerals (Pty) Ltd (17.31%).
The Prieska Deposit is a VMS-style deposit, with mineralisation defined along 2.4km of a northwest-southeast trending strike extent and down to a depth of 1.25km. Mineralisation of Cu, Zn, silver (Ag) and gold (Au) is in massive sulphides distributed as a persistent lens within gneiss rock assemblages. Satellite deposit potential has been demonstrated with recent intersections of sulphide mineralisation at Ayoba, 5km from the proposed Prieska ore processing plant. Further afield, available historical data and recent exploration work by Orion has confirmed the existence of numerous follow-up massive sulphide Cu-Zn-rich targets within the nearby mineral tenements also held by Orion.The mineralised zone outcrop has a strike of 2,400m, is oxidised and / or affected by leached and supergene enrichment to a depth of approximately 100m and crops out as a well- developed gossan. It has a dip of between 55° and 80° to the northeast at surface and a strike of 130° to the north. Current drilling indicates that the Deep Sulphides has a strike length of at least 2860m in depth. The thickness of the mineralised zone exceeds 30m in places but averages between 7m and 9m. The mineralised zone persists to a depth of 1,100m (as deep as 1,228m in one section) after which it is upturned due to the folding.
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