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AMN - ZIMBABWE: Drilling underway on lithium project

Chimata Gold Corp has started drilling at the Kamativi Lithium Tailings Project in Zimbabwe. The aim is to further define the scope of the lithium deposit and to understand the economic viability and value of the potential mineral resource.

The initial auger drilling is fully funded and the program is based on a nominal 100 x 100-metre drill hole spacing.

The program will comprise a total of 1500 metres of drilling over 75 drill holes covering the project footprint.

Drilling is being undertaken by Zimbabwean contractor Optimum Drilling Pvt Ltd while Chimata has engaged MSA to provide independent resource evaluation and oversight on the program.

Results stemming from a successful drill program will add significant, and much more comprehensive, information to the project’s existing database.

The project comprises a tailings deposit that accumulated over the approximately 40-year life of the Kamativi Tin Mine prior to its closure in 1994.

Chimata also reports that through its local partners it has engaged local environmental consultants Green Resources Pvt Ltd to carry out a baseline environmental assessment of the project area concurrent with the auger and assaying program.

The company’s involvement in the project came about after a lengthy discussion and evaluation process by the board of directors and new local partners in Zimbabwe Lithium Company (Mauritius) Limited.

It was determined that Chimata should leverage its technical knowledge and wide array of international contacts to locate - and ultimately acquire - projects that are highly prospective in areas that are under-explored and under-developed.