The third goal is to explore the five satellite bodies recently discovered in order to see what tonnage and grade they can add to the main deposit.
We have an extensive data base, which includes most of the past exploration work data and reports.
The deposit, discovered in the 1950’s, has seen over 50,000 metres of drilling in the 1970’s by companies such as Rio Tinto and Falconbridge Ltd.
Since 2010, Teck Namibia completed over 14,000 metres of drilling with results such as: 121 m @ 0.5% Cu, 494 m @ 0.36% Cu and 30 m @ 0.81% Cu.
Deep-South is committed to advancing its projects while operating in an environmentally responsible manner.
Deep-South holds 100% of the Haib Copper deposit in the south of Namibia.
The work currently currently in progress will enable to finalize the 3D model, re-estimate the resource and validate the economics.
Deep-South growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries.
In Namibia, we are guided by integrity values that keep us focused on our purpose: to turn our exploration projects into lasting reality for our empowered Namibian communities.
The estimates of tonnages and grades quoted in this report were prepared prior to publication of National Instrument 43-101 in 2001 and are considered as Historical Estimates.
The historical grades and resources terminology from the original historical reports are to be used only as a reference and should not be considered as a current mineral resource under NI 43-101 but are to be considered as Historical Estimates as per the NI 43-101 Rules and Policies.
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Kriging is a statistical estimation technique widely used for porphyry deposits.