Orbminco Limited (ASX: OB1) has announced promising results from its maiden drilling program at the Bronze Fox Copper-Gold Porphyry Project in Southern Mongolia. The 16-hole, 2,516-meter program focused on expanding and infilling the West Kasulu resource. Significant copper equivalent (CuEq) intercepts include highlights such as 26m at 0.91% CuEq (F111), 486m at 0.21% CuEq (F109), and 42m at 0.26% CuEq (F112). These results indicate higher-grade potential and resource expansion opportunities.
The program's findings will guide Orbminco's 2025 exploration plans, targeting extensions of high-grade mineralization and testing additional prospective zones like Tourmaline Hill and Shuteen North. The company aims to convert part of the exploration license into a mining lease. Managing Director Ralf Kriege emphasized the significance of these results in advancing the project, which aligns with Orbminco’s strategic focus on developing copper and gold assets in Mongolia and battery metals in Western Australia.
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