How Prospect Resources Expanded Nyungu Central’s Copper-Gold Footprint to 1.5 km
Prospect Resources has extended the strike length of its flagship Nyungu Central deposit beyond 1.5 km, revealing significant copper and gold mineralisation. Final assay results from Kabikupa and ongoing exploration set the stage for a late 2025 resource estimate update.
- Nyungu Central deposit footprint expanded to over 1.5 km
- Significant copper and gold intervals confirmed in recent drilling
- Final Phase 2 assay results received from Kabikupa deposit
- Phase 2 drilling nearing completion with further assays pending
- Updated Mineral Resource estimates expected late Q4 2025
Exploration Momentum at Mumbezhi
Prospect Resources Limited (ASX – PSC) continues to build on its promising exploration campaign at the Mumbezhi Copper Project in Zambia’s Central African Copperbelt. The company’s recent announcement highlights ongoing success in its Phase 2 drilling programme, particularly at the Nyungu Central deposit, which has now been extended to a strike length exceeding 1.5 kilometres. This expansion reinforces the deposit’s potential as a large-scale copper system with emerging gold prospectivity.
Significant Drilling Results and Gold Discovery
Recent drill holes at Nyungu Central have delivered encouraging copper grades, including 20.9 metres at 0.70% copper from 226 metres depth and 14.4 metres at 0.45% copper from 83.6 metres, with an associated gold interval of 4.4 metres at 0.60 grams per tonne. This gold discovery, prompted by metallurgical test work indicating gold’s presence in the copper concentrate, has led Prospect to systematically assay for gold across the deposit’s transitional zones. Such by-product credits could enhance the project’s economic profile.
Kabikupa Deposit and Broader Drilling Progress
Alongside Nyungu Central, final assay results from the Kabikupa deposit have been received, confirming copper mineralisation with intervals such as 13 metres at 0.50% copper from 138 metres. The Phase 2 drilling programme across Mumbezhi is nearing completion, with over 13,300 metres drilled in 54 holes. Additional assays from other prospects including West Mwombezhi and Nyungu South are awaited, promising further insights into the project’s resource potential.
Upcoming Resource Update and Future Plans
Prospect Resources is on track to deliver updated Mineral Resource estimates for Nyungu Central and Kabikupa by late Q4 2025. These updates will incorporate the latest drilling data and are highly anticipated by investors and analysts alike. Complementing the drilling, airborne electromagnetic surveys and extensive soil geochemical sampling are underway, expected to refine and expand drill targets for the planned Phase 3 programme in 2026. Metallurgical testing continues to assess concentrate quality and recovery rates, critical for advancing feasibility studies.
Strategic Positioning in the Copper Market
Situated in a prolific copper belt, the Mumbezhi Project’s growing resource base positions Prospect Resources well amid rising global demand for copper, driven by electrification and green energy transitions. The integration of gold as a potential by-product adds further value. With Phase 2 drilling concluding and Phase 3 preparations underway, the company is steadily advancing towards defining a commercially viable copper operation.
Bottom Line?
As Prospect Resources prepares its updated resource estimates, the market will be watching closely for confirmation of Mumbezhi’s scale and economic potential.
Questions in the middle?
- How will the pending assay results from Nyungu Central and other prospects impact the overall resource estimate?
- What are the implications of the newly identified gold mineralisation for project economics and financing?
- How might the upcoming metallurgical test results influence the planned processing strategy and concentrate quality?
