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African Copper Corp. Outlines Its Sizeable Position At The Heart Of The Production Zone In Africa's Leading Copper-Silver Play
African Copper Corp. (formerly New York Tutor Co.) recently signed LOIs on two highly sought after mineral concessions in Botswana -- now considered Africa's most favorable mining jurisdiction
CAPE TOWN, South Africa, Jun 20, 2013 (GLOBE NEWSWIRE via COMTEX) -- via PRWEB - African Copper Corporation (formerly New York Tutor Company) (the "Company") (Symbol OTC: ACCS) reports its geological group has summarized the Company's position at the heart of the producing zone of the Kalahari Copperbelt in anticipation of an extensive exploration program.
Following initial data and validation of reports on the two lease groups covered by recently signed LOIs, management expects that its two concessions form what is the third largest land holding in the prolific region.
The area where the licenses are located has been widely characterized as an extension of the Kalahari Copperbelt or KCB, which extends from Zambia through Botswana and into Namibia. The belt is home to producing copper mines and more recent exploration activities to expand the zone's defined resource potential.
The initial lease group under acquisition is identified as the Bonnyridge Property, located within the Ghanzi-Chobe Fold and Thrust Belt, an up to 200 kilometer wide zone trending in a northeasterly fashion for a distance of over 1,000 kilometers within both Botswana and Namibia. This zone of rock, also referred to as the Kalahari Copperbelt, consists of poly-deformed metavolcanics and metasediments.
The second group under acquisition, known as the Pinette Property, extends over leases that cover approximately 9,503 square kilometers in the center of the KCB. The property, which has been identified as a highly prospective copper/silver target, is directly adjacent to and online with the defined copper/silver discoveries by several leading mineral producers in the region. ..........................................