Altona Rare Earths Potential IOGC Copper Gold Iron Deposit in Zambia [Video]

Mark Fairbairn from StockBox Media spoke with Dr Cedric Simonet, CEO of Altona Rare Earths, about their promising findings at the Kabompo South Copper project in Zambia.

A geophysical assessment revealed anomalies, suggesting strong IOCG (iron oxide copper gold) mineralization potential, aiding target planning for further exploration.

With reprocessed data, Altona aims to define initial drilling targets, using detailed magnetometer surveys to understand subsurface structures and guide precise drilling by Q1.

Collaboration with academic experts supports research at Monte Muambe, focusing on rare earths and high-grade fluorspar.

Cedric noted that, with confirmed grades and market interest, Altona aims to complete a conceptual study and potentially advance fluorspar production within approximately one year.

Highlights

·   Earthmaps concludes that Kabompo South is prospective for Iron Ore Copper Gold (“IOCG”) copper mineralisation.

·   The data assessment confirms the presence of geophysical features typically associated with IOCG deposits in Zambia.

·     In Zambia, the viability of IOCG copper deposits has been clearly demonstrated …