Game-changer for NC mine

Philippa Larkin

COPPER 360’s share price had its day in the sun this week, shooting through the roof, up nearly 18% after it announced that drilling results confirmed high-grade copper intersections at Rietberg Copper mine in the Northern Cape and initial sampling leads. This newcomer on the JSE only listed on the bourse in April and is now sitting with a market cap of R2.21 billion. Jan Nelson, the CEO of Copper 360, said: “The drilling results at the Rietberg Mine have confirmed the historical drillhole database and have validated our modelling of the mineralised copper zones at the mine. The size of the copper mineralization is unlike anything else in the world with copper mineralisation of over 150m (metres) wide by 200m in length with a down-dip strike of over 400m…

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DFA News (Digital) - 1 Issue, 2023-06-09

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