HOME Business GLOBE AND MINING COMPANY PLANS ON DRILLING DIAMOND IN LL

GLOBE AND MINING COMPANY PLANS ON DRILLING DIAMOND IN LL

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Globe Metals and Mining, a company that is exploring niobium mining at Kanyika in Mzimba, is planning a diamond drilling programme at Chimutu in Lilongwe which is within the company’s Chiziro Graphite project.

In its monthly update statement, Globe says 17 trenches totalling 6,266 metres have been completed targeting graphite mineralisation identified by a geological exploration programme.

The company says, however, that based on current results, it plans diamond drilling to test the depth of graphite mineralization.

It hopes to start the diamond drilling before the year end, subject to board approval.

Globe says in the statement that the 17 trenches completed, have defined visible graphite mineralisation over six kilometres in strike length.

The company further said the current assay results confirm graphite mineralisation greater than a 3,000 metre strike length.

“Globe has commenced mineralogical test work and is assessing infrastructure and logistics options for a potential mining operation,” reads the report in part.

Globe is assessing other graphite prospects within the Chiziro Graphite Project licence area.

The company has also identified multiple areas of large scale graphite mineralisation within the project area.

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