News Feed Item

Kombat Copper Defines the W800 Extension With Resource Calculation Underway

TORONTO, ONTARIO -- (Marketwired) -- 02/28/14 -- Kombat Copper Inc. ("Kombat Copper" or the "Company") (TSX VENTURE: KBT) has completed a detailed review of its extensive historical data base and verified material drill information to infill a previously unidentified zone of mineralization between the Asis Far West ("AFW") Sector and previous mine workings to the east of the Asis West Area a distance of some 300 meters known as the W800 Extension (Figure 1). The W800 Extension is up-plunge of the drilled defined AFW Sector in an area with no previous underground access and limited drill testing.

Approximately 90 meters west of the exploration-developed drift on the 12 level, a drill intersection (Au12/200) of 16.0 meters grading 10.35% Cu was defined. Another intersection (Au12/177) of 6.0 meters grading 3.59% Cu has been identified in the same zone. Historic assays are as follows:

              Table 1: Historic Results for Drill Hole Au12/200
Hole ID           From (m)          To (m)        Length (m)            Cu %
Au12/200               105             107                 2            1.60
Au12/200               107             109                 2            2.79
Au12/200               109             111                 2           18.18
Au12/200               111             113                 2           20.10
Au12/200               113             116                 3           19.92
Au12/200               116             118                 2            6.56
Au12/200               118             121                 3            2.45
TOTAL                                                     16           10.35
              Table 2: Historic Results for Drill Hole Au12/177
Hole ID           From (m)          To (m)        Length (m)            Cu %
Au12/177               115             118                 3            1.22
Au12/177               118             119                 1            7.17
Au12/177               119             120                 1            0.41
Au12/177               120             121                 1           10.27
TOTAL                                                      6            3.59

Several hundred meters further to the west of stopes on 12 level (Figure 1), surface drill holes have intersected 3.7 meters assaying 6.5% Cu (AW90A), 4.0 meters assaying 1.78% Cu (AW90C) and 2.5 meters assaying 2.58% Cu (AW115A). Due to the limited nature of the historic mineralized intersections the true width cannot be determined. Original assay files and drill logs have been found and the data has been verified.

In February of 2013, Kombat Copper completed a diamond drill core re-sampling program from the historic AFW Sector. The best result is from diamond drill hole AW101A located at the eastern edge of the AFW Sector, that returned 10 meters of 8% copper and 124 g/t silver. A resampling of hole AW90C, mentioned above, is located in the W800 Extension Sector and returned 7.66% Cu but over a core length of 3.2 meters. This is a significant upgrade to that historically reported.

From this information, it is now interpreted that significant widths of copper mineralization can be defined to within 150 meters of the AFW Sector and any future drilling will target the continuity of the mineralized system in an effort to join up the Asis West and Asis Far West Sectors.

Kombat Copper's recently completed geological reinterpretation for the area supports the concept of the emplacement of this historically defined copper mineralization and may ultimately expand its mineralization inventory as Kombat progresses with additional drill definition.

The Company anticipates publishing a mineral resource estimate for the AFW Sector by the end of the first quarter of this year. This mineral resource estimate shall contribute to the ongoing Preliminary Economic Assessment (PEA) of the Kombat Mine, targeted for release early third quarter of 2014.

The Company has also determined that the brownfields restart of the Kombat mine could be accomplished quickly and with relatively low capital cost if initial production rates of 500-700 tonnes per day are considered. Kombat's objective would be to ramp up to 1,100 tonnes per day (the design capacity of the current mill) over a 1 to 2 year period as more forward development is completed and the mill is returned to its proven design capacity. It appears that existing infrastructure will require minimal rehabilitation and existing underground development will allow a quick ramp up of production in the event economic viability is determined in the PEA.

PDAC Investor Exchange

Kombat Copper will be attending the PDAC Investor Exchange March 2nd and 3rd. The Company looks forward to updating its shareholders and interested investors in person at Booth #2221.

About Kombat Copper

Kombat Copper (TSX VENTURE: KBT) is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world's most prospective copper regions, where it has substantial assets in place with significant exploration upside.

The Company holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia particularly known for its high-grade copper deposits. Within these licenses are three past-producing mines including the Company's flagship property: the past-producing Kombat Mine. The Kombat Mine's extensive infrastructure includes an 800m production shaft which was opened in 2006, three recently-operational shafts, ramp systems, extensive underground workings, mine buildings, a tailings facility, a mill and concentrator all supported by the Company's local town site. The Kombat mine originally opened in 1962 and historically produced approx. 8.7 million tonnes of ore grading 3.1% copper and is linked to vital existing infrastructure, including power, water, roads, and rail with close proximity to the port of Walvis Bay and to one of only five commercial-grade smelters in Africa located in Tsumeb, located 100 road kilometers away from Kombat.

In addition to mining licenses, the Company holds an 80% interest in five Exclusive Prospecting Licenses ("EPLs") covering an area of more than 1550 km2. The EPLs are located also within the copper-rich Otavi Mountainlands and are in close proximity to Tsumeb.

Qualified Person

F. W. Nielsen, P.Geo., President and CEO of Kombat Copper, is a "qualified person" as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this press release.

Cautionary Notes

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. These statements include statements regarding the Company's plans for the Kombat Mine, its expectations for the Kombat Mine and the expected effect on the Company's financial and operating results. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

To view Figure 1: Kombat Mine Longitudinal Section, please visit the following link: http://media3.marketwire.com/docs/KBT228-F1.pdf

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Successful transition from traditional IT to cloud computing requires three key ingredients: an IT architecture that allows companies to extend their internal best practices to the cloud, a cost point that allows economies of scale, and automated processes that manage risk exposure and maintain regulatory compliance with industry regulations (FFIEC, PCI-DSS, HIPAA, FISMA). The unique combination of VMware, the IBM Cloud, and Cloud Raxak, a 2016 Gartner Cool Vendor in IT Automation, provides a co...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...