Back to Markets
Commodities● Neutral
Kaoko Metals Copper Discovery at Bootless Prospect in Namibia
Kaoko Metals discovered high-grade copper at Bootless in Namibia, expanding the Chalkos project. CEO Gerard O'Donovan outlines next steps with drilling planned for Q3.
Continue with
Kaoko Metals discovered a copper outcrop at its Bootless prospect in Namibia, the company said Friday. The find sits within the larger Chalkos project, where the company also reported new results from the Otniel and Donkey Hill zones.
Assays from Bootless returned grades of 3.2% copper across a 12-metre channel sample, the company said. CEO Gerard O'Donovan called the discovery "a significant step forward" for the project, noting it opens a new exploration front in an area that had received little previous work.
At Otniel, drilling intersected 22 metres at 1.8% copper from 45 metres downhole, including a 6-metre section at 3.1% copper. Donkey Hill returned 14 metres at 2.1% copper near surface. The results extend the known mineralised footprint at both targets, O'Donovan said.