Lifezone Metals Limited announced an update on its resource definition drilling programme at its Kabanga Nickel project (Kabanga) in North-West Tanzania. The Kabanga Nickel project is owned jointly by Lifezone Metals, through its subsidiary Kabanga Nickel Ltd. (KNL) and BHP Billiton (UK) DDS Limited (BHPB), forming Tembo Nickel Corporation Limited (TNCL), the operating entity, together with the Government of Tanzania. Infill and extensional drilling at the Tembo Zone, which will support an upcoming Mineral Resource estimate (?MRE?) and the Definitive Feasibility Study (?DFS?), was successfully completed in July 2023 using four diamond drill rigs on average.

Tembo Zone drilling completed from 2021 through July 2023 by TNCL comprised of 49 holes, resulting in a total of 23,748 m of diamond drill core available for geological logging and sampling. A further nine holes for a total of 2,596 m were drilled at the Tembo Zone for metallurgical sampling, plus six geotechnical holes (2,312 m) to support the ongoing DFS. Drill core was logged to capture geological and geotechnical features in the on-site drillhole database, and samples were submitted for analysis to SGS?s laboratory in Mwanza, Tanzania.

Highlights from Tembo Zone drilling includes: Hole KL22-10 intersected 41 m at 2.07% Ni, 0.39% Cu, and 0.16% Co, (2.67% NiEq23[1]), including 16.4 m at 2.77% Ni, 0.45% Cu, and 0.23% Co, (3.59% NiEq23). Hole KL22-12 intersected 39.6 m at 2.04% Ni, 0.37% Cu, and 0.13% Co, (2.55% NiEq23), including 19.9 m at 2.83% Ni, 0.44% Cu, and 0.19% Co, (3.53% NiEq23); and Hole KL21-01 intersected 29.7 m at 1.94% Ni, 0.29% Cu, and 0.16% Co, (2.51% NiEq23), including 17.0 m at 2.42% Ni, 0.38% Cu, and 0.21% Co, (3.15% NiEq23). Infill drilling continues at the North Zone, with five diamond drill rigs in operation since late-June 2023.

Three holes have since been completed and seven are underway (two currently pre-collared only) for a total of 6,626 m of drill core (to 18 August 2023). Recent highlights from the North Zone infill drilling includes: Hole KN22-03 intersected 52.0 m at 2.37% Ni, 0.25% Cu, and 0.14% Co, (2.85% NiEq23), including 39.8 m at 3.03% Ni, 0.32% Cu, and 0.18% Co, (3.65% NiEq23); and Hole KN22-01A intersected 27.7 m at 2.56% Ni, 0.32% Cu, and 0.22% Co, (3.29% NiEq23).