NRX has finalized the signing of a drilling contract for its Humpback Copper Project

Jul 20, 2023

Noronex Limited (ASX: NRX) has issued an update regarding exploring its copper projects in Namibia. The company is actively conducting an exploration program on its 100%-owned licenses located in the Kalahari Copper Belt. An important milestone is the commencement of a maiden 4,000-meter drill program at the Humpback project, set to begin by the end of this month. This program will target high-priority copper exploration prospects at the Fiesta and Blowhole sites.

To enhance the effectiveness of the exploration efforts, the company has collected orientation soil samples over known mineralized areas. The aim is to identify and explore previously untested extensive structural features along the strike from these known mineralized regions. Noronex has secured full funding for the upcoming drill program through a recent placement and underwritten entitlement issue.

 

 

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