Airborne Survey Unlocks New Potential at Zeb Project
“…We are in constant communication with the Department of Mineral Reserves and expecting something quite soon on this…”
“We’re excited about how the science is lining up. The magnetics and the gravity all point to the same corridor which is supporting our geological model. We’ve secured the funding to take the next de-risking step on the ground.”
The words of Richard Montjoie, the VP of Exploration for URU Metals as he describes the latest phase of unlocking value at the company’s flagship Zeb nickel project in Limpopo.
The state-of-the-art SpectremPlus™ airborne electromagnetic survey was a milestone for the company, and the high-resolution data gleaned from the 736 line‑kilometres flown revealed several clear conductive zones.
Before the ‘truth machines’ aka the drills are unleashed on the project, Montjoie says the next prudent data gathering step is centred around ground-based geophysics. “This will primarily be ground-based electromagnetics and possibly downhole electromagnetics. This will sharpen the geometry of the conductors. That reduces false positives, improves the draw vectors, and makes every part of exploration spend work.”
After that, Monjoie says, “We’ll interpret the results and finalize the drill targets and get drilling all while progressing the mining right’s progress.”
As Richard explains to Sarah Lowther in this video interview the company’s recent half a million pound raise gives URU a financial buffer as it progresses towards a ‘disciplined first round of drilling.’
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The author was remunerated but does not hold shares in the company