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HomeFinTechNoronex: Updates market on Brazil exploration program

Noronex: Updates market on Brazil exploration program

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Noronex Updates market on Brazil exploration program

  • Noronex (NRX) updates the market regarding exploration activities across its Witvlei and Snowball projects in Namibia
  • Drilling has resumed at Witveli with 22 holes drilled so far at the Okasewa prospect to test highly-ranked priority targets
  • Induced polarisation (IP) surveying has begun at Snowball and a weak chargeability anomaly was defined in the centre of the Kehora North prospect
  • Results have been received from nine of the 22 holes drilled at Gembocksveli with grades confirming the geochemical anomalies and grades peaking at 1.2 per cent copper
  • The company is steady on the market with shares trading at 8.2 cents each

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