Kombat Copper Exploration Update
VANCOUVER, Nov. 27, 2012 /CNW/ - Kombat Copper Inc. (the "Company") (TSX.V: KBT) is pleased to provide an update on the progress of the exploration activities at its Namibian copper projects
Diamond Drilling and Re-sampling
As announced October 18, 2012, the Company has commenced phase one of its diamond drilling program at the Kombat copper project. Five (5) holes totaling 858.72 metres have been completed and two holes are currently underway. Upon completion of these initial seven holes, the drills will be moved to begin drilling some of the deeper targets within the project. The purpose of these initial holes is to verify the presence of mineralized zones identified in the historical data at Kombat.
The Company has located core from 6 historical surface holes from the Asis Far West ("AFW") extension of the Kombat ore body. One hundred seventeen (117) samples of mineralized sections of this core totaling 102.70 metres have been sent for analysis to confirm original assays. With as much care as possible every attempt was made to duplicate the original sampling.
To date, a total of 384 core samples have been sent to Bureau Veritas ("BV") laboratory in Swakopmund, Namibia, an ISO 17025 certified laboratory. Two hundred sixty-seven (267) of these samples are from the on-going diamond drilling program and 117 are from historic AFW surface holes as discussed above.
Most of the historic drilling and mining data from Kombat was digitally captured on spreadsheets by the previous operator and at present is being imported into the Company's GIS software for modeling and planning purposes. Evaluation of existing mylar and paper sections dating from the 1960's to early 2008 is on-going to determine which will need to be scanned and digitized.
Exclusive Prospecting Licenses ("EPL's")
Work is on-going on the Company's five EPL's. As reported in the news release of October 18, 2012, a short 7 hole diamond drill hole was completed near Grootfontein in a calcrete and Kalahari sand covered area with no outcrop. No significant assays were received back from the laboratory; however, results did confirm the presence of previously unknown copper mineralization and plans are underway to follow up on this new information in Q1 2013
In addition, research and planning is underway to begin geochemical soil and rock sampling and geophysical surveys on three of the Company's EPL's, with the intention of beginning work in December 2012. Recently obtained historic information has led the Company to believe that several old prospects with elevated Cu, Pb and V values lie within one of the EPL's and plans are underway to locate and re-sample these areas.
Sampling and Analytical Method
All HQ and NQ core samples from the present drilling are cut in half on site. Overall sample length is generally one metre, but occasionally shorter or longer lengths will be sampled without crossing lithological boundaries. Core from the historic AFW holes was quartered on site. Following standard practices, Company geologists insert a standard and blank in every batch of twenty samples.
The laboratory protocol involves a grinding/pulverizing stage that ensures 85% of the material will pass through a 75 micron sieve. Following this, a 0.15 gram sample is subjected to mixed acid (total) digestion and then analysed for Cu, Pb, Zn and Ag along with 24 other elements by a combination of ICP-MS and OES-MS. The laboratory inserts internal standards and blanks along with duplicates with a blank at the beginning of a run and thereafter every 90 samples to ensure 1 to 2 internal standards and 1 to 2 duplicates every 30 samples.
Upon completion of the phase one drilling program, a minimum of 5% of the pulps will be randomly chosen and sent to another laboratory for re-analysis. Results will be checked to ensure data falls within control limits.
Mr. Colin Russell, P.Geo., the Qualified Person as defined by National Instrument 43-101, is responsible for the design of the program, and all exploration work on the Kombat Project will be done under his supervision. Mr. Russell has read and approved the technical content of this news release.
About Kombat Copper Inc.
Kombat Copper Inc. is a public Canadian exploration and development company focused on the acquisition of copper assets in southwestern Africa. The Company recently acquired the Kombat Copper Project which consists of a past producing mine, mill and concentrator historically capable of processing 1,000 tonnes of ore per day. The project has more than 100 years of production history and is located in the Otavi Mountainland of northern Namibia, a region known for copper production from numerous high grade deposits. In addition to these historically producing assets, the Company has acquired five EPL's in close proximity to the mill and concentrator and near the town of Tsumeb. These highly prospective EPL's cover an area of more than 2,250 square kilometres. The Kombat Copper management team and founders have a considerable amount of experience in Namibia and internationally, and combines managerial, financial and technical expertise used to generate value for project stakeholders.
All statements in this news release, other than statements of historical fact, that address events or developments that Kombat Copper Inc. expects to occur, are "forward-looking statements". Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause Kombat Copper Inc.'s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Such factors include, without limitation: significant capital requirements and the ability to raise equity capital; the risks of obtaining and maintaining the validity and enforceability of the necessary licenses and permits and complying with the permitting requirements in, Namibia; the lack of certainty with respect to foreign legal systems, which may not be immune from the influence of political pressure, corruption or other factors that are inconsistent with the rule of law. Forward-looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. Kombat Copper Inc. expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
SOURCE: Kombat Copper Inc.For further information:
Alexander Helmel, President
+1 (604) 495-8792
Kombat Copper Inc.
Suite 830 - 1100 Melville Street
Vancouver, British Columbia V6E 4A6