July 14, 2010 Mukuba Mobilizes Second Drill Rig As Drilling Progresses At The Northcore Project, Zambia
Mukuba Resources Limited (TSX-V:MKU) ("Mukuba" or the "Company") is pleased to announce that it has mobilized a second diamond drill rig to test various high priority targets within the larger exploration license area on the Northcore Project, located southwest of Ndola, Zambia.
Layne Drilling, operating out of Ndola, mobilized the additional drill rig to the Target 17 area where coincident soil geochemical and VTEM, electromagnetic conductors will be tested.
A total of 773 metres of diamond drilling has been completed to date by the two drill contractors in 4 holes (2 completed, 2 in progress) of the anticipated 10,000 metre programme. Split core sampling is ongoing and samples from the first borehole completed at Target 18 have been submitted for assay to SGS Mineral Services (Zambia) in Kalulushi.
In addition, regional soil sampling across various new target areas is expected to be completed during July 2010. It is anticipated that additional drill targets will be identified and selected based on the level of coincidence between the new soil geochemical survey and airborne geophysical results.
Trevor Richardson, President and CEO of Mukuba Resources commented, "Our 2010 drilling program is in full swing and the mobilization of Layne not only gives us a second drill rig but also gives us the flexibility to test a greater number of targets during the current drill season. We look forward to receiving drilling and soil sampling results over the next few weeks."
Mr. Chris Meyer (Pr.Sci.Nat.) is a "Qualified Person" as defined by National Instrument 43-101 and oversees Mukuba's exploration programs. Mr. Meyer has supervised and approves the preparation of the technical information contained in this press release.
About the Company
Mukuba is a Canadian mining company focused on the exploration and development of the Northcore Project, which is located in the highly prospective Central African Copperbelt region of Central Zambia. The Northcore Project encompasses approximately 2,274 square km of geologically prospective ground in the Domes Region of the Zambian Copperbelt. Mukuba's
exploration licenses for the Northcore Project cover both copper and cobalt. Geological mapping, soil sampling, investigation of the historical showings, ground-truthing of the geological surveying results and drilling carried out by the Company have confirmed existing historical geological anomalies, identified new anomalies and confirmed the presence of copper mineralization.
Mukuba also has the exclusive option to acquire an 85% interest in the exploration license rights to a property (the Nyimba Project) near the town of Nyimba, approximately 300 km east of Lusaka, in Zambia. The Nyimba Project is well advanced and substantial exploration work has been completed to date on its polymetallic deposits which hosts zinc, with copper, lead,
molybdenum, silver and gold. Mukuba continues to assess historic exploration records which indicate there are five defined areas of mineralization within the 500 square kilometre license area. The most prospective area appears to be Chipirinyuma, where soil sampling by Minex and Rio Tinto defined a surface anomaly measuring 3.5 km by 1.2 km.
For additional information please contact:
Trevor Richardson, President and Chief Executive Officer
Tel: +1 (416) 918 2242; Fax: +1 (416) 603 9200; Email:
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