ZAMBEZI RESOURCES LIMITED
Allows Focus on Advanced Copper Projects in Sweden
ZRL - Kangaluwi Copper Project Update - Mr Julian Ford, MD
Mon, 4 Aug 2008 03:00PM
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Mr Julian Ford
Mon, 4 Aug 2008
03:00PM Australia/NSW
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ZAMBEZI RESOURCES LIMITED (ZRL)
ASX code: ZRL,ZRL
Website: http://www.zambeziresources.com
Industry: Materials,General Mining
Principal Activities:
Exploration for copper, gold and uranium.
Address:
17 Ord Street, Ground Floor
WEST PERTH
WA
Phone: (08) 9216 9000
Fax: (08) 9216 9090
Executives & Directors
Mr Brian Rear , Non Exec. Chairman
Mr Julian Ford , Managing Director
Dr Geoffrey Johnson , Executive Director
Mr Jeremy Wrathall , Non Exec. Director
Mr Lloyd Flint , CFO
Ms Renee Hill , Company Secretary
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Company ASX Announcements
Company ASX announcements can be viewed on the ASX website.
Announcements from the preceding six months are shown below.
Please refer to the relevant stock exchange if any of the above information is incorrect
ZAMBEZI RESOURCES LIMITED (ZRL) Events
Australia/NSW
ZAMBEZI RESOURCES LIMITED (ZRL)
| Updated shareholder information | Fri, 4 Jul 2008 |
| Company Secretary Appointment/Resignation | Fri, 4 Jul 2008 |
| Uranium Joint Venture Update | Wed, 2 Jul 2008 |
| Copper Gold Projects Update | Wed, 18 Jun 2008 |
| Copper Gold Projects Update | Tue, 20 May 2008 |
| Withdrawal of Becoming a substant. holder dated 6 July 2007 | Wed, 14 May 2008 |
| Large VTEM Anomaly Defined at Kangaluwi Copper Project | Fri, 9 May 2008 |
| Quarterly Activities and Cashflow Report | Wed, 30 Apr 2008 |
| Substantial Mineralisation intersected at Kangaluwi Project | Tue, 29 Apr 2008 |
| Cheowa Copper-Gold Project Drilling Results | Tue, 15 Apr 2008 |
Please note: This company appears on this website as a result of its listing on the Australian Securities Exchange. Boardroom Radio does not claim any association with any company listed on this site.
INTERVIEW WITH JULIAN FORD, MANAGING DIRECTOR OF ZAMBEZI RESOURCES LIMITED (ZRL)
“Allows Focus on Advanced Copper Projects in Sweden”
http://www.brr.com.au/event/48935
MONDAY, AUGUST 4, 2008, 3:00 PM.
BRR Today on Boardroom Radio, we are talking to Mr. Julian Ford, the Managing Director of Zambezi Resources. Julian, glad to have you on Boardroom
10 Radio.
ZRL Good day, Joel.
BRR Julian, you have got an announcement out to the market this morning, some further drilling at your Kangaluwi Copper Project, some good intercepts there.
15 Could you perhaps take our listeners through some of the key figures?
ZRL Yes, Joel. I guess Kangaluwi gets better and better as we drill it out. We are getting 30 metres at 2.3% copper and some watery sections as well. Interestingly, we are also getting about 0.8 grams gold in some of those. The project is looking pretty good. Importantly also, the VTEM is working for us
20 there so a bit different time channel to what we had at Chisawa, but really it is just a brilliant targeting mechanism and that Kangaluwi project proper now has gone out to about 3.2 kilometres. We have only really drilled about 1.2 kilometres of it and so it is all pretty good news.
25 BRR So, Julian, in light of your announcement late last week on the strategic review for Zambezi, how does Kangaluwi now fit into your program?
ZRL Well, Kangaluwi is the core project in the portfolio right now. What we will do at Kangaluwi, we will just retain one drill rig there. It will test the extension of Kangaluwi main and some of those other projects, Chisawa and Imboo, and
30 two other ones. Really, the aim at Kangaluwi is to target these projects and be ready for a drill-out program in 2009 when the market improves.
BRR Will that drill-out program focus predominantly on Kangaluwi main?
ZRL No. The drill-out program next year, we anticipate will be additional projects
35 other than Kangaluwi main. At the moment, we have drilled probably 40,000 metres at Kangaluwi and so we should have a reasonable size resource there. But really, we are sort of looking at 40,000 or 400,000 tonnes of contained copper for this project, and at this stage, Kangaluwi main looks like we will get most of that there before we have to go to the other projects.
40
BRR It says a lot about the quality of Kangaluwi that you have drilled 40,000 metres and there is still a huge amount of extensions that remain unexplored.
ZRL Yes. Joel, it is a big project. It is about 28 kilometres of strike length. We really have only tested probably 10% or 15% of that right now. The aim is to
45 probably test at least 15% of that strike length at least for the few holes this drill season and be in a position to hopefully drill out a major world-class project in 2009 when we expect the market to improve.
BRR Julian, thanks for those comments. We will certainly have a chat when you have some more feedback from the drilling at Kangaluwi. Thanks for your time.
ZRL Yes. Thanks, Joel.
INTERVIEW CONCLUDED
Contact brr@brr.com.au for more information
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