View in Other Languages Mukuba Resources Limited (CVE:MKU)调遣钻机,在赞比亚大型硫化物和贵金属资产上开始钻探作业 Mukuba Resources Limited (CVE:MKU)調遣鑽機,在讚比亞大型硫化物和貴金屬資產上開始鑽探作業 Mukuba Resources Limited (CVE:MKU) Mobilizes Drill Rig and Begins Drilling Program on Massive Sulphide and Precious Metals Property in Zambia 
Mukuba Resources Limited (CVE:MKU) Mobilizes Drill Rig and Begins Drilling Program on Massive Sulphide and Precious Metals Property in Zambia
Mukuba Resources Limited (CVE:MKU) Mobilizes Drill Rig and Begins Drilling Program on Massive Sulphide and Precious Metals Property in Zambia

Toronto, Oct 27, 2010 AEST (ABN Newswire) - Mukuba Resources Limited (googlechartCVE:MKU) (googlechartPINK:MKBAF) is pleased to announce that it has mobilized a drill rig to undertake a program of diamond drilling across the Chipirinyuma prospect within the Nyimba Project Area located east of Lusaka, Zambia.

The Chipirinyuma prospect was identified via a soil sampling and drilling program that defined a target of massive sulphide mineralization at shallow depths over a surface expression measuring 3.5 km by 1.2 km (see Press Release dated Sept. 16, 2010). Mukuba's drilling program has been designed to confirm the results of the historical drilling which includes two holes completed by Lukusashi Mining last year.

Geohydro Drilling Company, a subsidiary of Geohydro Consulting Services Limited, operating out of Lusaka, has been mobilized to complete a reconnaissance programme of up to 500 metres of drilling and is expected to be completed within 30 days.

The Nyimba Project hosts polymetallic deposits of zinc, with copper, lead, molybdenum, silver, and gold, and these deposits were systematically explored and partially drill-tested by Minex (Mindeco), a Zambian government department, in the late 1970s and early 1980s. The Nyimba Project rights were acquired by Rio Tinto (googlechartASX:RIO) (googlechartNYSE:RIO) -Zinc Corporation (RTZ - now Rio Tinto) in 1994, which carried out EM, magnetic, and radiometric surveys, as well as initial RC drilling. Exploration work on the Property ceased in 1997 when Rio Tinto, together with other mining companies, withdrew from Zambia.

Trevor Richardson, Mukuba's President and CEO, commented, "The Chipirinyuma Prospect within the Nyimba Project Area is a near-surface, massive sulphide deposit with excellent results from historical drilling. We are confident that we can confirm these historical results and upon completion of this program and assessment of the results, Mukuba will look towards a resource drilling program on the Chipirinyuma Prospect in 2011."

Contact

Trevor Richardson
President and Chief Executive Officer
Tel: +1-41-6918-2242
Fax: +1-41-6603-9200
Email: trichardson@mukubaresources.com

Nisha Hasan
Manager Investor Relations
Tel: +1-41-6368-4013
Fax: +1-41-6603-9200
Email: nisha@mukubaresources.com

http://www.mukubaresources.com


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