Top Posts
New satellite images show fires, naval base damage...
Americans in more than a dozen Middle East...
US Embassy struck by drones in Saudi Arabia...
Pelosi’s war powers flip-flop exposed in resurfaced Obama-era...
‘The right thing’: Paxton, Cornyn trade blows in...
Blackrock Silver Receives First of Three Key Permits...
AFDG – Copper Intelligence announces transportation of Drill...
Steadright Closes First Tranche of Unit Offering
Locksley Announces High-Grade Antimony Assays at Desert Antimony...
Clean Energy & Renewables Virtual Investor Conference Agenda...
  • Home
  • Investing
  • Politics
  • Economy
  • World News
Money Assets Saver
Investing

AFDG – Copper Intelligence announces transportation of Drill Rig to Butembo

by admin March 3, 2026
March 3, 2026

– Copper Intelligence is pleased to announce together with our drilling partner Gemdrill, that the company’s XY–44 drill rig will be transported to the Butembo DRC project site. Transit time is estimated at approximately 2–3 weeks, ensuring the rig is on the ground and ready to support the company’s upcoming Butembo drilling campaign. The company anticipates a travel window of approximately 2–3 weeks to get the XY–44 drill to the DRC border. From that point, unloading will occur at the yard in the town of Kasindi, enabling the triaxle long-range transport truck.  A further week is estimated to mobilize all equipment to site. One additional week will be required to establish camp, stabilize the drill setup, organize equipment, and complete all necessary preparations before drilling can commence.

Barring any customs or transit issues enroute, it is anticipated that the drill will be operational mid-April with initial site-based analyses of copper ore core being released at the beginning of May.

The company anticipates a social media and in-person Analyst Day for the attendance of Sell-Side and Institutional Investors to be held and televised from the Democratic Republic of Congo in the mid-May timeframe.

About ‘ Copper Intelligence ‘

On Feb 4, 2026, African Discovery Group (AFDG), the predecessor company to Copper Intelligence, announced the signing of Definitive Sales and Purchase Agreement (SPA) for the Butembo Copper Asset in the Democratic Republic of Congo, in a Reverse Takeover Transaction (RTO), solidifying its status as the first stand-alone DRC company to be publicly traded in the United States. Butembo is a near surface, low strip, Tier one exploration opportunity, located near the Ruwenzori mountain location of Uganda’s biggest copper mine (Kilembe with 4 million tons of verified reserves), located only 50km from the Ugandan border with verified access to rail. The High-grade copper samples thus far have returned 18% Copper assays, which if maintained at production would rank amongst the highest globally. The recent discovery of the Butembo copper deposit has underscored the need for further exploration work in areas peripheral to the Katanga Copper Belt.

https://docs.google.com/document/d/1praLBoIVGW6VoaMEaua1-CGZ26aKfS8nAXcY5mgtlMA/edit?usp=sharing

Media Contact:
www.copperintelligence.com
Maxine Gordon
mg@africandiscoverygroup.com

View original content:https://www.prnewswire.com/news-releases/afdg—copper-intelligence-announces-transportation-of-drill-rig-to-butembo-302702421.html

SOURCE African Discovery Group

News Provided by PR Newswire via QuoteMedia

This post appeared first on investingnews.com

previous post
Steadright Closes First Tranche of Unit Offering
next post
Blackrock Silver Receives First of Three Key Permits for the Tonopah West Project

You may also like

Blackrock Silver Receives First of Three Key Permits...

March 3, 2026

Steadright Closes First Tranche of Unit Offering

March 3, 2026

Clean Energy & Renewables Virtual Investor Conference Agenda...

March 3, 2026

Locksley Announces High-Grade Antimony Assays at Desert Antimony...

March 3, 2026

Oreterra Announces Closing of $9.3 Million First Tranche...

March 2, 2026

Transition Metals Corp. Vests 100% Interest in Pike...

March 2, 2026

One Bullion Announces Share Consolidation

March 2, 2026

As Gold Investment Surges, Fake Platforms and AI...

March 2, 2026

Quimbaya Gold Expands Copper Porphyry Target to 3.1km...

March 2, 2026

Bold Ventures Provides Update on Burchell Drilling Progress...

March 1, 2026

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • New satellite images show fires, naval base damage across Iran after US-Israeli strikes

      March 3, 2026
    • Americans in more than a dozen Middle East nations urged to flee

      March 3, 2026
    • US Embassy struck by drones in Saudi Arabia as Americans instructed to shelter in place

      March 3, 2026
    • Pelosi’s war powers flip-flop exposed in resurfaced Obama-era clip contradicts Trump criticism on Iran

      March 3, 2026
    • ‘The right thing’: Paxton, Cornyn trade blows in Texas primary but unite for Trump’s Iran strikes

      March 3, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 moneyassetssaver.com | All Rights Reserved

    Money Assets Saver
    • Investing
    • Politics
    • Economy
    • World News