Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Editor’s Picks: Gold, Silver Prices Dip and Bounce...
Justice Department’s antitrust chief says she’s leaving, effective...
A.I.S. Resources’ Saint John Copper/Gold/Antimony Project Gets TSXV...
Filing of Initial Prospectus
When Diamonds Are Not Forever: NWT’s Diamond Industry...
Keith Weiner: Silver Being Remonetized “With a Vengeance”...
Top 5 Canadian Mining Stocks This Week: Trinity...
Tech Weekly: AI “Scare Trade” Spills into New...
Crypto Market Update: Coinbase Posts US$667 Million Q4...
Tajiri Discovers Potentially Economic Gold Mineralization in Multiple...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Investing

Preliminary data of Butembo Copper prospect, with near surface high-grade copper oxidized ore with grades of up to 18%

by admin October 1, 2025
October 1, 2025
Preliminary data of Butembo Copper prospect, with near surface high-grade copper oxidized ore with grades of up to 18%

African Discovery Group (OTC:AFDG) (“AFDG” or the “Company”) has entered into a term sheet to acquire the Butembo Copper exploration license in the Democratic Republic of Congo (DRC) by acquiring 100% of the shares of SOCIETE GRABIN MINING SAS (the “Transaction”). The Butembo Copper project is a greenfield exploration project located in the North Kivu province of the Democratic Republic of Congo. 40km south of the provincial capital of Beni. The project is located 33km west of the Ugandan border with verified road and rail access to the port of Mombasa.

The area is generally underexplored relative to the well-known copper belts of the Katanga copper belt to the south – however the Mesoproterozoic Kibalian greenstone belt is known for its tungsten-tin-gold occurrences, and it hosts the well-known Kilembe Mine nearby which has produced substantial quantities of both copper and cobalt

According to Rio Tinto, African deposits make up eight out of the 10 highest grade deposits discovered since 1990. The recent discovery of the Butembo copper deposit has underscored the need for further exploration work in areas peripheral to the Katanga Copper Belt.It is important to note that the artisanal pits initially targeted and extracted alluvial gold in the surficial gravels that overly the schists hosting the copper mineralization.The implication is that Butembo is prospective for both gold and copper.

The Butembo discovery is a near surface high-grade copper oxidized ore with measured grades of up to 18% with depth and lateral extension potential of over 5km along strike. The project is located at the base of the Ruwenzori mountains and borders Virunga National Park. There is extensive artisanal activity for both copper and gold and by extension a thriving small scale minerals industry exists in Butembo going back years. Regolith clay samples to the north have tested positively for copper – this is interpreted as a positive indicator of a northern extension to Butembo.

The artisanal and first phase exploration pits around the flood plain of the Talehya River, which runs through the concession, have been tested over an initial 500m of strike length – and the results have been positive with one of these analyses reporting the 18% Cu mentioned above as well as 16.3% in another exploration pit.

The deposit is in the vicinity of the historic Kilembe copper mine (4 million tons) across the border in Uganda whose sulphide mineralization occurs within biotite schists thought to have formed by hydrothermal fluids during early tectonic cycles that were trapped in structurally favorable impermeable locations. This offers a unique insight into the potential geological controls of the Butembo deposit. Mineralization is structurally controlled, occurring along northeast-trending shear zones and folds that facilitated hydrothermal fluid flow. The primary ore minerals include chalcopyrite, pyrite, and linnaeite, forming massive sulfide lenses and disseminated zones.

The Butembo deposit holds a strategically advantageous location, benefiting from proximity to regional infrastructure, which includes electrical power being available within reach of the project boundary. The site is located close to the Ugandan border, offering access to the East African transport corridor. This includes road and rail connections through Uganda to the port of Mombasa, Kenya—providing a viable export route for future development.

The combination of surface high-grade mineralization, artisanal activity, infrastructure access, and strategic location positions the Butembo Copper Project as a high-potential target for early-stage exploration and resource delineation.

Source

This post appeared first on investingnews.com

previous post
Institutional Investment
next post
Locksley Resources LimitedAssessment and Evaluation of DeepSolv Program Expansion

You may also like

JLL Signs Non-Binding LOI to List McDermitt on...

September 9, 2025

What are Silver Futures?

September 26, 2025

5 Best-performing Canadian Pharma Stocks of 2025

January 11, 2025

Matt Geiger: Juniors at Inflection Point, Plus “Insane”...

October 31, 2024

Crypto Wallets Move Beyond Trading to Become Primary...

January 30, 2026

Gold and Silver Prices Fall as​ CPI Meets...

August 15, 2024

WESTERN COPPER AND GOLD APPOINTS RAYMOND THRELKELD AS...

September 28, 2024

Altech Batteries LtdCerenergy Battery Project Funding Progressing Well

July 23, 2025

Capital Raising and QSM Completion Update

December 10, 2024

CoTec Holdings Corp. Notes HyProMag USA Press Release...

September 5, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Editor’s Picks: Gold, Silver Prices Dip and Bounce Back, Plus Top Takeover Candidate

      February 15, 2026
    • Justice Department’s antitrust chief says she’s leaving, effective immediately

      February 15, 2026
    • A.I.S. Resources’ Saint John Copper/Gold/Antimony Project Gets TSXV Acceptance

      February 14, 2026
    • Filing of Initial Prospectus

      February 14, 2026
    • When Diamonds Are Not Forever: NWT’s Diamond Industry Begins to Crack Under Pressure

      February 14, 2026
    Promotion Image

    banner ads

    Categories

    • Business (938)
    • Economy (839)
    • Investing (3,894)
    • Politics (747)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 smarttradeinsights.com | All Rights Reserved