Orion intersects significant zones of Cu, Zn and PGE mineralisation

Orion has announced highly encouraging results from high-impact exploration drilling programs targeting near-mine and regional volcanogenic massive sulphide copper-zinc and nickel-copper targets around its Prieska Copper-Zinc Project, in South Africa’s Northern Cape. Key points:

  • Significant zones of copper, zinc and nickel-copper-PGE mineralisation intersected across all key prospects tested as part of the high-impact near-mine and regional drilling program across Orion’s tenement holdings in the Northern Cape Province, South Africa.
  • Results confirm the under-explored nature of the Areachap Province and the substantial opportunity for a major discovery, both in the near-mine environment around the fully-permitted Prieska Copper-Zinc Project, and the broader region.
  • A key focus will be the greenfields Boksputs Project, located 125km north-west of Prieska, where a deep diamond drill hole has intersected numerous zones of VMS copper mineralisation across multiple horizons, with initial assays including 5m at 1.09% Cu and 0.13g/t Au from 393.00m and 1m at 2.25% Cu and 0.32g/t Au from 498.45m.
  • The hole is still in progress to test an electro-magnetic (EM) conductor within a large VMS mineralised package with multiple historical intercepts, EM anomalies, outcropping exhalites and mineralisation over an area extending over 3km by 1km.
  • Intensive follow-up drilling is planned, including to target a strong 3000 Siemens conductor located 3km north of the current drill hole (compared with the current 400S conductor).  
  • Drilling at the Kielder Project, located 15km from Prieska, has intersected high-grade base metal mineralisation close to surface, successfully validating historically reported copper and zinc sulphide mineralisation across two VMS prospects.
  • Plus, at the Jacomynspan nickel-copper deposit, 68km north-west of Prieska, drilling has intersected three shallow zones of net textured sulphides with a best intercept of 6.03m at 0.60% Ni, 0.31% Cu, 0.19g/t Pd, 0.21g/t Pt and 0.20g/t Au from 145.36m, including 1.10m at 1.23% Ni and 0.69% Cu from 146.35m.

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