Copper Intelligence Expands DRC Copperbelt Footprint with Kasenga PR9 Acquisition 1Mining in DRC Corporate News Mergers & Acquisitions 

Copper Intelligence Expands DRC Copperbelt Footprint with Kasenga PR9 Acquisition

Copper Intelligence Acquires Kasenga PR9 in DRC, Boosting Kitungu Copper Project Expansion Potential

Mineral exploration company Copper Intelligence has acquired the Kasenga PR9 concession in the Democratic Republic of Congo (DRC), strengthening its presence in the Copperbelt region and expanding the potential of its Kitungu copper project.

The newly acquired license covers nine exploration blocks across 758 hectares and is located directly east of the company’s existing Kisungu–Kitungu project area.

Previous drilling in the region indicates that copper mineralization remains open along strike, suggesting further exploration upside.

The Kitungu project lies approximately 73 km from Lubumbashi and is surrounded by several producing mines, positioning it within a well-established mineralized corridor. Historical drilling results suggest the mineralized system may increase in scale toward the east.

Earlier exploration, consisting of nine drill holes completed by previous operators, identified copper-bearing mineralization over a 700-metre strike length.

Copper Intelligence believes the addition of the Kasenga concession could extend prospective mineralization by up to 2,750 metres if geological continuity is confirmed, potentially significantly increasing the known extent of the system.

Historical estimates from previous operators indicate approximately 18.2 million tonnes of mineralized material grading at 1.74% copper at Kitungu.

However, the company notes that this estimate is not compliant with current reporting standards and plans to validate the data through further drilling and a JORC-compliant resource evaluation.

The expansion comes amid rising global demand for copper, driven by electrification, renewable energy infrastructure, electric vehicles, and the rapid growth of data centres supporting artificial intelligence technologies.

Loading

Share this article on

Related posts

Leave a Comment

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.