Click here to close now.

SYS-CON MEDIA Authors: John Wetherill, Harry Trott, Roger Strukhoff, Pat Romanski, Elizabeth White

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
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will addresses this very serious issue o...
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
Over the years, a variety of methodologies have emerged in order to overcome the challenges related to project constraints. The successful use of each methodology seems highly context-dependent. However, communication seems to be the common denominator of the many challenges that project management methodologies intend to resolve. In this respect, Information and Communication Technologies (ICTs) can be viewed as powerful tools for managing projects. Few research papers have focused on the way...
As the world moves from DevOps to NoOps, application deployment to the cloud ought to become a lot simpler. However, applications have been architected with a much tighter coupling than it needs to be which makes deployment in different environments and migration between them harder. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, Netflix and so on is at the heart of CloudFoundry – a complete developer-oriented Platform as a Service (PaaS...
Containers Expo Blog covers the world of containers, as this lightweight alternative to virtual machines enables developers to work with identical dev environments and stacks. Containers Expo Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Bookmark Containers Expo Blog ▸ Here Follow new article posts on Twitter at @ContainersExpo
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager – Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, will review next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discuss how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Speaker Bios Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has b...
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. The DevOps Summit at Cloud Expo – to be held June 3-5, 2015, at the Javits Center in New York City – will expand the DevOps community, enable a wide...
EMC Corporation on Tuesday announced it has entered into a definitive agreement to acquire privately held Virtustream. When the transaction closes, Virtustream will form EMC’s new managed cloud services business. The acquisition represents a transformational element of EMC’s strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes the industry’s most comprehensive hybrid cloud portfolio to support all applications, all workl...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...