Aussie company reports new copper zone in Botswana

Australian company, Cobre has reported a new copper zone at its Ngami Copper Project ( NCP) in the Kalahari Copper Belt ( KCB).

“This data will be used to prioritise additional new targets for our 2023 exploration campaign as we endeavour to unlock a potential new copper district in Botswana,” said Cobre Executive Chairman and Managing Director, Martin Holland.

Holland said the intersecting copper mineralisation at a distinct new target ( Nova), 10km away from current drilling at Comet, is a significant exploration milestone that validates the company’s targeting strategy and methodology. “In particular, the identification of anomalous copper mineralisation at the Nova target represents an important indicator of the significant scale opportunity unfolding in this exciting new copper district. Cobre’s current focus on exploration at NCP is based on the potential we see for the expansion of our footprint in this highly prospective district as we continue to unlock multiple distinct copper targets,” said Holland. Cobre is one of the latest miners targeting copper potential in the Kalahari Copper Belt, as the location has become the hottest for discoveries in a metal and the company has solidified its control over Kalahari Metals, buying out Metal Tiger.

Kalahari Metals has the second largest land position in Kalahari Copper Belt CB, after Sandfire Resources.

This week, a British company, Kavango Resources announced plans to raise capital for further exploration on the under explored