Namibia Critical Metals identifies first gold targets at Erongo Gold Project

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Namibia Critical Metals identifies first gold targets at Erongo Gold Project

Namibia Critical Metals Inc. has identified the first gold targets at Erongo Gold Project in Namibia. This follows completion of multiple tool geophysical survey over the Kanona Target on the Erongo Project for drill target generation over previously defined coinciding gold and arsenic anomalies.

“We are encouraged by the results from our early-stage exploration activities throughout 2021 and are excited to begin the first phase of drilling on the Erongo Project where solid exploration by systematic soil sampling and multiple tool ground geophysics has identified a first drill ready target,” said Darrin Campbell, President.

The Erongo and Grootfontein Projects consists of three Exclusive Prospecting Licences (“EPLs”) with a total area of 172,842 ha (1,728 km2) and cover ground prospective for orogenic gold mineralisation and various types of base metal mineralisations. The Company’s EPLs are located in the Central Namibian Gold Belt which hosts a number of significant orogenic gold deposits including the Navachab Gold Mine, B2Gold’s Otjikoto Gold Mine and Osino’s more recent discovery of the Twin Hills deposit.

Erongo Project

The Erongo Project area comprises 337 km2 and is largely underlain by metasediments of the Damaran Supergroup dominated by a turbiditic sequence of metapelites of the Kuiseb Formation and syntectonic granites of the Damaran Orogen.

The Kuiseb Formation hosts the Twin Hills gold deposit of Osino Resources just 20 km south of the Erongo Project. The structural interpretation of the entire project area delineated the Omaruru Fault Zone and the Kanona Fault Zone, both of which are considered prospective for structurally controlled orogenic gold mineralization.

The project area has extensive alluvial or calcrete cover and regional soil sampling was undertaken as the initial exploration tool to identify areas of interest. Analysis of over 8,000 soil samples delineated several arsenic anomalies (the key gold pathfinder element) which were confirmed by low detection limit gold assays based on which three target areas have been defined.

 

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