Kamanjab

The project area EPL 3372 and newly granted EPL 4431 plus two EPL applications covering a total of 3,080 km2.  In November 2009, IBML entered into a joint venture (‘JV’) agreement with Antofagasta Minerals SA (‘Antofagasta’), over EPL 3372.


The target rock sequence is poorly-exposed but reconnaissance exploration by IBML has identified copper occurrences intermittently developed over 11 km of strike.  Initial drilling, carried out during April 2010, has shown widespread but low grade copper concentrations.  Exploration is continuing.

Location of the Kamanjab Project area

IBML has also identified additional target areas within EPL 3372 and EPL 4431.  The two EPL applications have been selected over ground covering a geological setting similar to the Kopermyn deposit.