Top Posts
Biden judge freezes Trump administration’s move against AI...
‘Ship has sailed’: This is what Dems won’t...
Iran backlash forces Gulf allies toward Washington as...
Trump rolls out plan to back farmers amid...
Trump signs executive order ensuring TSA workers are...
Savannah Guthrie returning to ‘TODAY’ in April
Jury finds Meta and YouTube negligent in landmark...
Nasdaq moves into correction territory as Iran war...
FAA investigating close call involving United Airlines plane...
DHS shutdown breakthrough comes at cost for Republicans...
  • 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

CHARBONE presentera a la conference Hydrogen East et...

March 12, 2026

LaFleur Minerals Inc.Taking Key Steps to Advance Position...

March 12, 2026

Tartisan Nickel Corp. Intersects 24.6 Metres of 0.71%...

March 12, 2026

Cartier Cuts 7.1 g/t Au over 8.0 m...

March 12, 2026

NevGold Mobilizes Drill To Test Historical Leach Pads...

March 12, 2026

1911 Gold Confirms Resource Continuity in Underground Infill...

March 11, 2026

AI Robotics Startup Rhoda Hits US$1.7 Billion Valuation...

March 11, 2026

Crypto Market Update: Iran War Drives Oil Derivatives...

March 11, 2026

Tartisan Nickel Corp. Acquires Nickel-Copper Claims at Turtle...

March 11, 2026

Pan African To Acquire Emmerson Resources in US$218...

March 11, 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

    • Biden judge freezes Trump administration’s move against AI firm, fueling battle over security authority

      March 28, 2026
    • ‘Ship has sailed’: This is what Dems won’t get in DHS deal after shunning GOP

      March 28, 2026
    • Iran backlash forces Gulf allies toward Washington as regional tensions rise

      March 28, 2026
    • Trump rolls out plan to back farmers amid rising costs, pledging ‘golden age’

      March 28, 2026
    • Trump signs executive order ensuring TSA workers are paid during DHS shutdown

      March 28, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 moneyassetssaver.com | All Rights Reserved

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