PSC: Shallow, Wide, plus 1% Cu Intercepts at Nyungu Central

Original announcement by asx on

Company
Prospect Resources Limited
Ticker
PSC
Exchange
ASX
Region
Zambia
Primary commodity
Copper
Secondary commodities
Cobalt, Gold
Document categories
Drill results, Metallurgy
Extracted
2026-10-01 00:23:47 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Prospect Resources announced high-grade copper drill results from infill and extensional drilling at its Nyungu Central deposit within the Mumbezhi Copper Project in Zambia. Highlights include 18m at 1.31% Cu from 148m and 7.39m at 1.11% Cu from 100.6m, with significant cobalt and gold credits. Extensional drilling also returned wide, high-grade intercepts outside the current Mineral Resource estimate, indicating potential for further resource growth, complemented by excellent metallurgical recoveries.

Reasoning: The announcement reports exceptionally high-grade and wide copper intercepts from both infill and extensional drilling at Nyungu Central, significantly expanding the known mineralization and increasing confidence in the resource, supported by strong metallurgical results and robust QA/QC.

Positive factors

  • High-grade copper intercepts exceeding 1% Cu, including 18m at 1.31% Cu and 7.39m at 1.11% Cu, are significantly above the project average.
  • Wide intercepts (up to 30.59m) indicate robust mineralization continuity.
  • Shallow mineralization (from 15m, 52m, 69.5m) is favorable for potential open-pit mining.
  • Infill drilling results confirm and enhance confidence in the existing Mineral Resource Estimate.
  • Extensional drilling successfully identified new high-grade mineralization outside the current MRE, indicating significant growth potential.
  • Presence of byproduct cobalt and gold adds value to the copper intercepts.
  • Detailed QA/QC procedures and Competent Person sign-off provide high confidence in the reported results.
  • Metallurgical testwork shows excellent copper recoveries (up to 96.2%) into high-grade concentrates from multiple ore types, supporting economic viability.

Negative factors

  • The document explicitly states that only downhole lengths are reported, not true widths, which may overstate actual thickness.
  • One extensional hole (NCDD030) was not obviously mineralized, suggesting potential termination of mineralization in that area.
  • Some extensional holes (NCDD037, NCDD027) returned narrow, lower-grade or sub-grade intersections.
  • The regional backlog in assay laboratories caused delays, though a process is now in place to expedite results.
  • Graphitic carbon is present, which can be a deleterious element, although the document states it was managed with depressants.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 38

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 18m @ 1.31% Cu is considered exceptionally high-grade for an open-pit copper deposit, significantly exceeding the strong threshold of 1% Cu.

Evidence · table

“1.31”

Context: 18.00

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 7.39m @ 1.11% Cu is considered exceptionally high-grade for an open-pit copper deposit, exceeding the strong threshold of 1% Cu.

Evidence · table

“1.11”

Context: 7.39

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 1.87m @ 1.38% Cu is considered exceptionally high-grade for an open-pit copper deposit, significantly exceeding the strong threshold of 1% Cu.

Evidence · table

“1.38”

Context: 1.87

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Down hole length is being reported, not the true width', indicating that the reported intercept lengths are apparent widths.

Evidence · text

“Down hole length is being reported, not the true width.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed JORC Table 1, Section 1, outlining sampling techniques, laboratory procedures, and quality control measures such as standards, blanks, and duplicates, and mentions Competent Person sign-off.

Evidence · text

“Competent Person’s Statement The information in this announcement that relates to Exploration Results, is based on information compiled by Mr Roger Tyler, a Competent Person who is a member of The Australasian Institute of Mining and Metallurgy and The South African Institute of Mining and Metallurgy. Mr Tyler is the Company’s Chief Geologist.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program for NCDD040 is explicitly described as 'MRE infill drilling' aimed at upgrading confidence in the existing Mineral Resource.

Evidence · text

“First assays from infill diamond drilling at Nyungu Central have produced shallow, high grade intersections exceeding 1% Cu”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drill holes NCDD034, NCDD035, NCDD037, and NCDD038 are part of an 'extensional diamond drilling' program targeting areas outside the existing Mineral Resource estimate.

Evidence · text

“Further assays from extensional diamond drilling also continue to deliver high-grade copper intercepts from the zone immediately to the south-east of Nyungu Central (and lying outside the existing Mineral Resource estimate (MRE))”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The document mentions 'Relatively high graphitic carbon levels (up to 4.8% TGC)' which required the use of a depressant, indicating the presence of a deleterious element.

Evidence · text

“Relatively high graphitic carbon levels (up to 4.8% TGC) presented no barrier to achieving good quality copper concentrates, with the use of carboxymethylcellulose (CMC), as an effective depressant for graphitic carbon.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document states that 'Conventional mining software was then used to extract fixed length 1m down hole composites within the intervals coded as mineralisation intersections', indicating clear compositing rules.

Evidence · text

“Conventional mining software was then used to extract fixed length 1m down hole composites within the intervals coded as mineralisation intersections.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 96.2% from Nyungu Central fresh composite is exceptional for flotation (rubric: >=92%).

Evidence · text

“Representative fresh composite sample from Nyungu Central achieved a copper concentrate grading 24.6% Cu & 9,000 ppm Co at 96.2% Cu recovery after a single cleaning stage.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 90.1% from Nyungu Central fresh composite (two cleaning stages) is strong for flotation (rubric: >=88%).

Evidence · text

“After two cleaning stages, a copper concentrate grading 33.3% Cu & 2,800 ppm Co was produced with 90.1% Cu recovery.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 95.3% from Kabikupa fresh sulphide composite is exceptional for flotation (rubric: >=92%).

Evidence · text

“Metallurgical test work on fresh sulphide Kabikupa composite sample achieved a copper concentrate of 27.5% Cu and 310 ppm Co at 95.3% Cu recovery after only one cleaning stage.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 94.7% from Kabikupa transitional samples is exceptional for flotation (rubric: >=92%).

Evidence · text

“Further test work reported for Kabikupa in 2026, achieved a copper concentrate of 31.9% Cu and 0.01% Co at 94.7% Cu recovery for transitional samples after one cleaning stage.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 94.3% from Kabikupa lower grade fresh sulphide composite is exceptional for flotation (rubric: >=92%).

Evidence · text

“In addition, a lower grade fresh sulphide composite from Kabikupa reported in 2026, achieved a copper concentrate of 25.0% Cu and 0.04% Co at 94.3% Cu recovery after only one cleaning stage.”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: Metallurgical testwork was conducted on 'Nyungu Central fresh composite', 'Kabikupa fresh sulphide composite', and 'Kabikupa transitional samples', demonstrating testing across multiple ore domains.

Evidence · text

“Flotation test work completed on sulphide materials from the Nyungu Central and Kabikupa deposits returned high-grade saleable copper concentrates with excellent recoveries during 2025-26.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The metallurgical testwork is described as 'Flotation test work' and involves producing a 'copper concentrate', indicating a mill-based processing route.

Evidence · text

“Flotation test work completed on sulphide materials from the Nyungu Central and Kabikupa deposits returned high-grade saleable copper concentrates with excellent recoveries during 2025-26.”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 38. Some facts used in scoring do not have a stored record.

Drill Results (36)

NCDD040Mumbezhi · copperGrade: 1.31Grade Unit: %Intercept: 18 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
1.31
Grade Unit
%
Intercept
18 m
From
148 m
To
166 m
Hole Depth
362.2 m
Intercept Depth
148 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:148-166
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This intercept represents a high-grade and wide copper zone from infill drilling, significantly contributing to resource confidence and potential economic viability.

Positive factors

  • High copper grade (1.31%) is strong for an open-pit deposit.
  • Significant intercept length (18.0m) indicates robust mineralization.
  • Infill drilling confirms and adds confidence to the existing resource model.
  • Presence of byproduct cobalt and gold adds economic value.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“1.31”

Context: 18.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.05Grade Unit: %Intercept: 18 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.05
Grade Unit
%
Intercept
18 m
From
148 m
To
166 m
Hole Depth
362.2 m
Intercept Depth
148 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:148-166
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This cobalt intercept provides positive byproduct credits to the primary copper mineralization, enhancing the overall economic potential of the zone.

Positive factors

  • Cobalt grade of 0.05% adds byproduct value to the copper intercept.
  • Significant intercept length (18.0m) indicates consistent mineralization.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.05”

Context: 18.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.05Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.05
Grade Unit
g/t
Intercept
18 m
From
148 m
To
166 m
Hole Depth
362.2 m
Intercept Depth
148 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:148-166
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept contributes to the overall byproduct credits, enhancing the economic attractiveness of the mineralized zone.

Positive factors

  • Gold grade of 0.05 g/t provides additional byproduct value to the copper intercept.
  • Significant intercept length (18.0m) indicates consistent mineralization.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.05”

Context: 18.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · copperGrade: 1.11Grade Unit: %Intercept: 7.39 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
1.11
Grade Unit
%
Intercept
7.39 m
From
100.61 m
To
108 m
Hole Depth
362.2 m
Intercept Depth
100.61 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:100.61-108
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This high-grade copper intercept from infill drilling reinforces the quality of the mineralization at Nyungu Central, supporting resource confidence.

Positive factors

  • High copper grade (1.11%) is strong for an open-pit deposit.
  • Infill drilling confirms and adds confidence to the existing resource model.
  • Presence of byproduct cobalt and gold adds economic value.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“1.11”

Context: 7.39

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.16Grade Unit: %Intercept: 7.39 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.16
Grade Unit
%
Intercept
7.39 m
From
100.61 m
To
108 m
Hole Depth
362.2 m
Intercept Depth
100.61 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:100.61-108
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This high-grade cobalt intercept enhances the economic potential of the copper mineralization, contributing valuable byproduct credits.

Positive factors

  • High cobalt grade (0.16%) provides significant byproduct value.
  • Intercept from infill drilling, confirming mineralization.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.16”

Context: 7.39

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.09Grade Unit: g/tIntercept: 7.39 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
7.39 m
From
100.61 m
To
108 m
Hole Depth
362.2 m
Intercept Depth
100.61 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:100.61-108
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept contributes to the overall byproduct credits, enhancing the economic attractiveness of the mineralized zone.

Positive factors

  • Gold grade of 0.09 g/t provides additional byproduct value to the copper intercept.
  • Intercept from infill drilling, confirming mineralization.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.09”

Context: 7.39

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · copperGrade: 0.42Grade Unit: %Intercept: 30.59 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.42
Grade Unit
%
Intercept
30.59 m
From
52 m
To
82.59 m
Hole Depth
362.2 m
Intercept Depth
52 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:52-82.59
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This wide, shallow copper intercept from infill drilling confirms significant mineralization at Nyungu Central, supporting resource confidence.

Positive factors

  • Wide intercept length (30.59m) indicates significant mineralization.
  • Shallow depth (from 52.0m) is favorable for potential open-pit mining.
  • Infill drilling confirms and adds confidence to the existing resource model.
  • Presence of byproduct cobalt adds economic value.

Negative factors

  • Grade (0.42%) is moderate for an open-pit deposit.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.42”

Context: 30.59

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.06Grade Unit: %Intercept: 30.59 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.06
Grade Unit
%
Intercept
30.59 m
From
52 m
To
82.59 m
Hole Depth
362.2 m
Intercept Depth
52 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:52-82.59
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This cobalt intercept provides positive byproduct credits to the primary copper mineralization, enhancing the overall economic potential of the zone.

Positive factors

  • Cobalt grade of 0.06% adds byproduct value to the copper intercept.
  • Wide intercept length (30.59m) indicates consistent mineralization.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.06”

Context: 30.59

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.01Grade Unit: g/tIntercept: 30.59 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.01
Grade Unit
g/t
Intercept
30.59 m
From
52 m
To
82.59 m
Hole Depth
362.2 m
Intercept Depth
52 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:52-82.59
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept contributes to the overall byproduct credits, enhancing the economic attractiveness of the mineralized zone.

Positive factors

  • Gold grade of 0.01 g/t provides additional byproduct value to the copper intercept.
  • Wide intercept length (30.59m) indicates consistent mineralization.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.01”

Context: 30.59

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · copperGrade: 0.27Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.27
Grade Unit
%
Intercept
2 m
From
15 m
To
17 m
Hole Depth
362.2 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:15-17
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This shallow, moderate-grade copper intercept from infill drilling contributes to the overall understanding of the deposit, despite its limited width.

Positive factors

  • Shallow depth (from 15.0m) is favorable for potential open-pit mining.
  • Infill drilling confirms mineralization.

Negative factors

  • Narrow intercept length (2.0m) and moderate grade (0.27%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.27”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.02Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.02
Grade Unit
%
Intercept
2 m
From
15 m
To
17 m
Hole Depth
362.2 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:15-17
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This cobalt intercept provides minor byproduct credits, contributing to the overall economic potential of the zone.

Positive factors

  • Cobalt grade of 0.02% provides additional byproduct value.

Negative factors

  • Narrow intercept length (2.0m) and moderate grade (0.02%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.02”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.01Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.01
Grade Unit
g/t
Intercept
2 m
From
15 m
To
17 m
Hole Depth
362.2 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:15-17
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept provides minor byproduct credits, contributing to the overall economic potential of the zone.

Positive factors

  • Gold grade of 0.01 g/t provides additional byproduct value.

Negative factors

  • Narrow intercept length (2.0m) and low grade (0.01 g/t) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.01”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · copperGrade: 0.41Grade Unit: %Intercept: 2.17 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.41
Grade Unit
%
Intercept
2.17 m
From
93.83 m
To
96 m
Hole Depth
362.2 m
Intercept Depth
93.83 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:93.83-96
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from infill drilling contributes to the overall understanding of the deposit, despite its limited width.

Positive factors

  • Moderate copper grade (0.41%) from infill drilling confirms mineralization.
  • Presence of byproduct cobalt and gold adds economic value.

Negative factors

  • Narrow intercept length (2.17m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.41”

Context: 2.17

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.2Grade Unit: %Intercept: 2.17 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.2
Grade Unit
%
Intercept
2.17 m
From
93.83 m
To
96 m
Hole Depth
362.2 m
Intercept Depth
93.83 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:93.83-96
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This high-grade cobalt intercept enhances the economic potential of the copper mineralization, contributing valuable byproduct credits.

Positive factors

  • High cobalt grade (0.20%) provides significant byproduct value.
  • Intercept from infill drilling, confirming mineralization.

Negative factors

  • Narrow intercept length (2.17m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.20”

Context: 2.17

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.16Grade Unit: g/tIntercept: 2.17 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
2.17 m
From
93.83 m
To
96 m
Hole Depth
362.2 m
Intercept Depth
93.83 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:93.83-96
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept contributes to the overall byproduct credits, enhancing the economic attractiveness of the mineralized zone.

Positive factors

  • Gold grade of 0.16 g/t provides additional byproduct value to the copper intercept.
  • Intercept from infill drilling, confirming mineralization.

Negative factors

  • Narrow intercept length (2.17m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.16”

Context: 2.17

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · copperGrade: 0.42Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.42
Grade Unit
%
Intercept
5 m
From
113 m
To
118 m
Hole Depth
362.2 m
Intercept Depth
113 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:113-118
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from infill drilling contributes to the overall understanding of the deposit.

Positive factors

  • Moderate copper grade (0.42%) from infill drilling confirms mineralization.
  • Presence of byproduct cobalt and gold adds economic value.

Negative factors

  • Moderate intercept length (5.0m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.42”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.07Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.07
Grade Unit
%
Intercept
5 m
From
113 m
To
118 m
Hole Depth
362.2 m
Intercept Depth
113 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:113-118
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This cobalt intercept provides positive byproduct credits to the primary copper mineralization, enhancing the overall economic potential of the zone.

Positive factors

  • Cobalt grade of 0.07% provides additional byproduct value.
  • Intercept from infill drilling, confirming mineralization.

Negative factors

  • Moderate intercept length (5.0m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.07”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.12Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
5 m
From
113 m
To
118 m
Hole Depth
362.2 m
Intercept Depth
113 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:113-118
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept contributes to the overall byproduct credits, enhancing the economic attractiveness of the mineralized zone.

Positive factors

  • Gold grade of 0.12 g/t provides additional byproduct value to the copper intercept.
  • Intercept from infill drilling, confirming mineralization.

Negative factors

  • Moderate intercept length (5.0m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.12”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · copperGrade: 0.5Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.5
Grade Unit
%
Intercept
2.1 m
From
293.9 m
To
296 m
Hole Depth
362.2 m
Intercept Depth
293.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:293.9-296
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from infill drilling contributes to the overall understanding of the deposit, despite its limited width.

Positive factors

  • Moderate copper grade (0.50%) from infill drilling confirms mineralization.
  • Presence of byproduct cobalt and gold adds economic value.

Negative factors

  • Narrow intercept length (2.1m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.50”

Context: 2.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · cobaltGrade: 0.01Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
cobalt
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.01
Grade Unit
%
Intercept
2.1 m
From
293.9 m
To
296 m
Hole Depth
362.2 m
Intercept Depth
293.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:293.9-296
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This cobalt intercept provides minor byproduct credits, contributing to the overall economic potential of the zone.

Positive factors

  • Cobalt grade of 0.01% provides additional byproduct value.

Negative factors

  • Narrow intercept length (2.1m) and low grade (0.01%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.01”

Context: 2.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD040Mumbezhi · goldGrade: 0.01Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
NCDD040
Project
Mumbezhi
Commodity
gold
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.01
Grade Unit
g/t
Intercept
2.1 m
From
293.9 m
To
296 m
Hole Depth
362.2 m
Intercept Depth
293.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
NCDD040:293.9-296
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339120
Northing
8630350
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This gold intercept provides minor byproduct credits, contributing to the overall economic potential of the zone.

Positive factors

  • Gold grade of 0.01 g/t provides additional byproduct value.

Negative factors

  • Narrow intercept length (2.1m) and low grade (0.01 g/t) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.01”

Context: 2.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD034Mumbezhi · copperGrade: 0.83Grade Unit: %Intercept: 19.8 mView all details
Link to this fact

Identity

Hole ID
NCDD034
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.83
Grade Unit
%
Intercept
19.8 m
From
87.3 m
To
107.1 m
Hole Depth
225 m
Intercept Depth
87.3 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD034:87.3-107.1
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629595
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This high-grade and wide copper intercept from extensional drilling demonstrates significant potential to expand the resource at Nyungu Central.

Positive factors

  • High copper grade (0.83%) is strong for an open-pit deposit.
  • Significant intercept length (19.8m) indicates robust mineralization.
  • Extensional drilling successfully identified new mineralization outside the current MRE, indicating growth potential.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.83”

Context: 19.80

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD034Mumbezhi · copperGrade: 0.46Grade Unit: %Intercept: 26 mView all details
Link to this fact

Identity

Hole ID
NCDD034
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.46
Grade Unit
%
Intercept
26 m
From
118 m
To
144 m
Hole Depth
225 m
Intercept Depth
118 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD034:118-144
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629595
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This wide copper intercept from extensional drilling demonstrates significant potential to expand the resource at Nyungu Central, despite a moderate grade.

Positive factors

  • Wide intercept length (26.0m) indicates significant mineralization.
  • Extensional drilling successfully identified new mineralization outside the current MRE, indicating growth potential.

Negative factors

  • Moderate grade (0.46%) for an open-pit deposit.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.46”

Context: 26.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD034Mumbezhi · copperGrade: 0.48Grade Unit: %Intercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
NCDD034
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.48
Grade Unit
%
Intercept
2.6 m
From
74.4 m
To
77 m
Hole Depth
225 m
Intercept Depth
74.4 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD034:74.4-77
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629595
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from extensional drilling contributes to the overall understanding of the deposit, despite its limited width.

Positive factors

  • Moderate copper grade (0.48%) from extensional drilling confirms mineralization.

Negative factors

  • Narrow intercept length (2.6m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.48”

Context: 2.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD034Mumbezhi · copperGrade: 0.36Grade Unit: %Intercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
NCDD034
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.36
Grade Unit
%
Intercept
2.3 m
From
152.5 m
To
154.8 m
Hole Depth
225 m
Intercept Depth
152.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD034:152.5-154.8
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629595
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from extensional drilling contributes to the overall understanding of the deposit, despite its limited width.

Positive factors

  • Copper grade (0.36%) from extensional drilling confirms mineralization.

Negative factors

  • Narrow intercept length (2.3m) and moderate grade (0.36%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.36”

Context: 2.30

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD034Mumbezhi · copperGrade: 0.6Grade Unit: %Intercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
NCDD034
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.6
Grade Unit
%
Intercept
1.9 m
From
174.5 m
To
176.4 m
Hole Depth
225 m
Intercept Depth
174.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD034:174.5-176.4
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629595
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from extensional drilling contributes to the overall understanding of the deposit, despite its limited width.

Positive factors

  • Moderate copper grade (0.60%) from extensional drilling confirms mineralization.

Negative factors

  • Narrow intercept length (1.9m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.60”

Context: 1.90

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD035Mumbezhi · copperGrade: 0.57Grade Unit: %Intercept: 8.4 mView all details
Link to this fact

Identity

Hole ID
NCDD035
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.57
Grade Unit
%
Intercept
8.4 m
From
72 m
To
80.4 m
Hole Depth
150.4 m
Intercept Depth
72 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD035:72-80.4
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade, moderate-width copper intercept from extensional drilling contributes to expanding the known mineralization at Nyungu Central.

Positive factors

  • Moderate copper grade (0.57%) from extensional drilling confirms mineralization.
  • Moderate intercept length (8.4m) indicates continuity.
  • Shallow depth (from 72.0m) is favorable for potential open-pit mining.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.57”

Context: 8.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD035Mumbezhi · copperGrade: 0.79Grade Unit: %Intercept: 6.42 mView all details
Link to this fact

Identity

Hole ID
NCDD035
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.79
Grade Unit
%
Intercept
6.42 m
From
87.7 m
To
94.12 m
Hole Depth
150.4 m
Intercept Depth
87.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD035:87.7-94.12
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This high-grade copper intercept from extensional drilling contributes to expanding the known mineralization at Nyungu Central.

Positive factors

  • High copper grade (0.79%) is strong for an open-pit deposit.
  • Extensional drilling successfully identified new mineralization outside the current MRE, indicating growth potential.

Negative factors

  • Moderate intercept length (6.42m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.79”

Context: 6.42

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD035Mumbezhi · copperGrade: 0.36Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
NCDD035
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.36
Grade Unit
%
Intercept
6 m
From
102 m
To
108 m
Hole Depth
150.4 m
Intercept Depth
102 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD035:102-108
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from extensional drilling contributes to the overall understanding of the deposit.

Positive factors

  • Moderate copper grade (0.36%) from extensional drilling confirms mineralization.
  • Moderate intercept length (6.0m) indicates continuity.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.36”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD035Mumbezhi · copperGrade: 0.35Grade Unit: %Intercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
NCDD035
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.35
Grade Unit
%
Intercept
5.5 m
From
122.5 m
To
128 m
Hole Depth
150.4 m
Intercept Depth
122.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD035:122.5-128
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339450
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from extensional drilling contributes to the overall understanding of the deposit.

Positive factors

  • Copper grade (0.35%) from extensional drilling confirms mineralization.
  • Moderate intercept length (5.5m) indicates continuity.

Negative factors

  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.35”

Context: 5.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD037Mumbezhi · copperGrade: 0.32Grade Unit: %Intercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
NCDD037
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.32
Grade Unit
%
Intercept
1.8 m
From
29 m
To
30.8 m
Hole Depth
329.3 m
Intercept Depth
29 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD037:29-30.8
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339275
Northing
8629900
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This narrow, low-grade copper intercept from extensional drilling provides limited positive contribution to the overall resource.

Positive factors

  • Shallow depth (from 29.0m) is favorable for potential open-pit mining.
  • Extensional drilling confirms mineralization.

Negative factors

  • Narrow intercept length (1.8m) and low grade (0.32%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.32”

Context: 1.80

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD037Mumbezhi · copperGrade: 0.36Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
NCDD037
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.36
Grade Unit
%
Intercept
2 m
From
194 m
To
196 m
Hole Depth
329.3 m
Intercept Depth
194 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD037:194-196
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339275
Northing
8629900
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This narrow, low-grade copper intercept from extensional drilling provides limited positive contribution to the overall resource.

Positive factors

  • Extensional drilling confirms mineralization.

Negative factors

  • Narrow intercept length (2.0m) and low grade (0.36%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.36”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD037Mumbezhi · copperGrade: 0.32Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
NCDD037
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.32
Grade Unit
%
Intercept
2 m
From
201 m
To
203 m
Hole Depth
329.3 m
Intercept Depth
201 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD037:201-203
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339275
Northing
8629900
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
90 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This narrow, low-grade copper intercept from extensional drilling provides limited positive contribution to the overall resource.

Positive factors

  • Extensional drilling confirms mineralization.

Negative factors

  • Narrow intercept length (2.0m) and low grade (0.32%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.32”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD038Mumbezhi · copperGrade: 0.56Grade Unit: %Intercept: 20.92 mView all details
Link to this fact

Identity

Hole ID
NCDD038
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.56
Grade Unit
%
Intercept
20.92 m
From
69.48 m
To
90.4 m
Hole Depth
150 m
Intercept Depth
69.48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD038:69.48-90.4
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339400
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This wide, shallow copper intercept from extensional drilling demonstrates significant potential to expand the resource at Nyungu Central.

Positive factors

  • Wide intercept length (20.92m) indicates significant mineralization.
  • Shallow depth (from 69.48m) is favorable for potential open-pit mining.
  • Extensional drilling successfully identified new mineralization outside the current MRE, indicating growth potential.

Negative factors

  • Moderate grade (0.56%) for an open-pit deposit.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.56”

Context: 20.92

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD038Mumbezhi · copperGrade: 1.38Grade Unit: %Intercept: 1.87 mView all details
Link to this fact

Identity

Hole ID
NCDD038
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
1.38
Grade Unit
%
Intercept
1.87 m
From
94.95 m
To
96.82 m
Hole Depth
150 m
Intercept Depth
94.95 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD038:94.95-96.82
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339400
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.7
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This high-grade copper intercept from extensional drilling, despite its narrow width, indicates the presence of very high-grade zones within the broader mineralization.

Positive factors

  • High copper grade (1.38%) is strong for an open-pit deposit.
  • Extensional drilling successfully identified new mineralization outside the current MRE, indicating growth potential.

Negative factors

  • Narrow intercept length (1.87m) limits its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“1.38”

Context: 1.87

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

NCDD038Mumbezhi · copperGrade: 0.38Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
NCDD038
Project
Mumbezhi
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
PSC

Geometry

Grade
0.38
Grade Unit
%
Intercept
4 m
From
106 m
To
110 m
Hole Depth
150 m
Intercept Depth
106 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
NCDD038:106-110
Mining Method
open_pit

Location

Location
Nyungu Central
Easting
339400
Northing
8629535
CRS
UTM_WGS84_35S
EPSG
32735
Elevation
1310 m
Azimuth
270 °
Dip
-70 °
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals (Perth)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
carbon

Compositing

Cutoff Grade
0.2
Cutoff Unit
% Cu

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate-grade copper intercept from extensional drilling contributes to the overall understanding of the deposit.

Positive factors

  • Copper grade (0.38%) from extensional drilling confirms mineralization.

Negative factors

  • Moderate intercept length (4.0m) and moderate grade (0.38%) limit its individual significance.
  • True width not reported, which may overstate the actual thickness.

Evidence · table

“0.38”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "• 550m of surface DD has beenHole ID Deposit From (m) To (m) Width (m) Cu% NCDD034 Nyungu Central 74.40 77.00 2.60 0.48 "

Metallurgical Results (2)

flotationMumbezhi Copper Project · copperRecovery: 94.3 %View all details
Link to this fact

Identity

Project
Mumbezhi Copper Project
Commodity
copper
Region
zambia
Reported Region
Zambia
Ticker
PSC

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
flotation
Sample
Kabikupa lower grade fresh sulphide composite

Recovery

Recovery
94.3 %
Recovery Basis
actual_test
Conc. Grade
25
Conc. Grade Unit
%

Lab

Laboratory
Intertek (Kitwe) and Intertek Perth (Western Australia)
Consultant
Rose and Associates, Mining Geology Consultants

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This result confirms excellent copper recovery and concentrate quality from lower-grade Kabikupa fresh sulphide material, demonstrating robust metallurgical performance across a range of ore grades.

Positive factors

  • Exceptional copper recovery (94.3%) for flotation, indicating high metallurgical efficiency.
  • High concentrate grade (25.0% Cu) is desirable for smelters.
  • Achieved after only one cleaning stage, demonstrating efficient processing for lower-grade Kabikupa fresh sulphide material.
  • Testing of lower-grade material expands the understanding of ore variability and potential resource utilization.

Negative factors

  • Presence of graphitic carbon, though managed, could be a potential processing complexity.

Evidence · text

“In addition, a lower grade fresh sulphide composite from Kabikupa reported in 2026, achieved a copper concentrate of 25.0% Cu and 0.04% Co at 94.3% Cu recovery after only one cleaning stage.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 94.3% is at or above the exceptional band (92%)

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

flotationMumbezhi Copper Project · cobaltView all details
Link to this fact

Identity

Project
Mumbezhi Copper Project
Commodity
cobalt
Region
zambia
Reported Region
Zambia
Ticker
PSC

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
flotation
Sample
Kabikupa lower grade fresh sulphide composite

Recovery

Recovery Basis
actual_test
Conc. Grade
0.04
Conc. Grade Unit
%

Lab

Laboratory
Intertek (Kitwe) and Intertek Perth (Western Australia)
Consultant
Rose and Associates, Mining Geology Consultants

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The cobalt byproduct credits from lower-grade Kabikupa fresh sulphide material contribute positively to the project's overall economics.

Positive factors

  • Cobalt concentrate grade (0.04%) provides additional byproduct value.

Negative factors

  • Presence of graphitic carbon, though managed, could be a potential processing complexity.

Evidence · text

“In addition, a lower grade fresh sulphide composite from Kabikupa reported in 2026, achieved a copper concentrate of 25.0% Cu and 0.04% Co at 94.3% Cu recovery after only one cleaning stage.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.