Rio Tinto names Shell’s Katie Jackson as new copper chief
Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.
Hana Mining moved up 4.32% today on positive drill results from its exploration property in Botswana.
The Canadian junior (CVE:HMG) said it encountered some of its best intercepts from 13 drill holes at the Banana Zone of the Ghanzi copper-silver project.
The drill results are the second set of results from a 2011 infill drilling program designed to convert NI 43101-compliant resources from inferred to indicated.
“The results represent probably some the best intersections of copper-silver mineralization yet at the Banana Zone. Not only are we hitting exceptionally high-grades, but we are also getting significant widths of mineralization. I was also pleasantly surprised with the discovery of high-grade copper-silver mineralization at depth as this represents a new mineralized setting which we will continue to investigate,” Hana Mining CEO Marek Kreczmer said in a statement.
The Banana Zone has indicated resources of 762.3 million million pounds of copper and 16.1 million ounces of silver from 37.4 million tonnes of ore, Hana says on its website.
A preliminary economic assessment on the property is expected in the second quarter.
Image of RC drilling by Hana Mining Ltd.
