# Copper Mining News in Botswana

Canonical page: https://atlas-extractions.minestarters.com/news?commodities=copper&regions=botswana

Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting.

Results: 28
Returned: 10
Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied.
Region: Botswana (botswana)
Commodity: Copper (copper)
Applied filters: {"regions":["botswana"],"commodities":["copper"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"}
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## NexMetals Reports 7.55 Metres of 6.48% CuEq (2.70% Cu, 1.83% Ni) in SMD-26-219, Visual Intercept SMD-26-217 Intersects Three Mineralized Zones and Extends High-Grade Trend to Approximately 1.5 Kilometres

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1) · [Markdown](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1.md)
- Original announcement: 2026-09-23T11:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: NexMetals Mining Corp. (NEXM.V)
- Original source: [orestocks](https://orestocks.com/company/NEXM.V/press-releases/5360615127584133)
- Atlas sentiment: 0.623
- Atlas tags: Bonanza Intercept, True Width Disclosed, QA/QC Disclosed, QP/CP Signed, Metal Equivalent Opaque, Step-Out Extension, Assays Pending

NexMetals Mining Corp. reports high-grade copper-nickel drill results from its Selebi Main deposit in Botswana, with hole SMD-26-219 returning 7.55 metres grading 6.48% CuEq. Drill hole SMD-26-217 extended the high-grade trend by 100 metres and intersected three mineralized zones, including a newly discovered 'Third Zone,' though assays for this hole are pending. The company is advancing its 2026 Mineral Resource Estimate, with these results supporting significant resource growth potential.

## Botswana takes centre stage in southern Africa copper hunt

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/botswana-takes-centre-stage-in-southern-africa-copper-hunt--abba41fe-08b9-40f4-bb8f-54c7df583965) · [Markdown](https://atlas-extractions.minestarters.com/news/botswana-takes-centre-stage-in-southern-africa-copper-hunt--abba41fe-08b9-40f4-bb8f-54c7df583965.md)
- Original announcement: 2026-09-22T20:45:09.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Stockhead
- Original source: [stockhead](https://stockhead.com.au/resources/botswana-takes-centre-stage-in-southern-africa-copper-hunt/)
- Atlas sentiment: 0.283
- Atlas tags: Nearology Play

A feature article detailing the growing copper exploration interest in Botswana, highlighting the Kalahari Copper Belt and Limpopo Mobile Belt. It mentions several ASX-listed explorers and major producers active in the region.

## Talonx goes under cover for copper and base metals in Botswana

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/talonx-goes-under-cover-for-copper-and-base-metals-in-botswana--1050805a-821d-470b-97a8-b8db35abb613) · [Markdown](https://atlas-extractions.minestarters.com/news/talonx-goes-under-cover-for-copper-and-base-metals-in-botswana--1050805a-821d-470b-97a8-b8db35abb613.md)
- Original announcement: 2026-09-08T01:23:46.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Talonx Resources (TXR)
- Original source: [stockhead](https://stockhead.com.au/resources/talonx-goes-under-cover-for-copper-and-base-metals-in-botswana/)
- Atlas sentiment: 0.218
- Atlas tags: None

Talonx Resources is targeting copper and base metal discoveries at its 1000km2 Kihabe project in Botswana, aiming to extend beyond known zinc-lead-silver deposits. The company is implementing a work program including geochemistry and geophysics to identify targets beneath Kalahari cover.

## Leviathan Metals provides update on its diamond drilling program at the Central Project, Kalahari Copper Belt, Botswana

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/leviathan-metals-provides-update-on-its-diamond-drilling-program-at-the-central--f99bc501-fa26-444d-9460-d455e2a758f9) · [Markdown](https://atlas-extractions.minestarters.com/news/leviathan-metals-provides-update-on-its-diamond-drilling-program-at-the-central--f99bc501-fa26-444d-9460-d455e2a758f9.md)
- Original announcement: 2026-08-12T00:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Leviathan Metals Corp (LVX)
- Original source: [globenewswire](https://www.globenewswire.com/news-release/2026/08/12/3343639/0/en/leviathan-metals-provides-update-on-its-diamond-drilling-program-at-the-central-project-kalahari-copper-belt-botswana.html)
- Atlas sentiment: 0.213
- Atlas tags: None

Leviathan Metals has completed 14 diamond drill holes at the Central Project in Botswana, totaling approximately 3,600 metres. While assay results are still pending, visual observations confirmed target stratigraphy and copper sulphide mineralization in most holes, alongside the presence of a previously identified domal structure.

## NexMetals Files NI 43-101 Technical Report for 2026 Selkirk Mineral Resource Estimate

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea) · [Markdown](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea.md)
- Original announcement: 2026-08-07T21:15:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: NexMetals Mining Corp. (NEXM)
- Original source: [tmx](https://money.tmx.com/en/quote/NEXM/news/7046321229884850/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est)
- Atlas sentiment: 0.478
- Atlas tags: Category Upgrade, NI 43-101 Compliant, Cut-off Disclosed

NexMetals has filed a NI 43-101 technical report supporting the 2026 Mineral Resource Estimate for the Selkirk Project in Botswana. The estimate includes an Indicated resource of 78.2 Mt at 0.66% CuEq and an Inferred resource of 15.1 Mt at 0.60% CuEq, representing a 70% increase in CuEq metal inventory.

## NexMetals Reports 11.15 Metres of 7.65% CuEq (3.10% Cu, 2.21% Ni) at Selebi Main, Highlighting a Kilometre-Scale Trend of Thick, High-Grade Massive Sulphides

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nexmetals-reports-11-15-metres-of-7-65-cueq-3-10-cu-2-21-ni-at-selebi-main-highl--303eb213-702f-4caf-9172-32f03da255ec) · [Markdown](https://atlas-extractions.minestarters.com/news/nexmetals-reports-11-15-metres-of-7-65-cueq-3-10-cu-2-21-ni-at-selebi-main-highl--303eb213-702f-4caf-9172-32f03da255ec.md)
- Original announcement: 2026-07-22T11:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: NexMetals Mining Corp. (NEXM)
- Original source: [tmx](https://money.tmx.com/en/quote/NEXM/news/5960318802698743/nexmetals-reports-11-15-metres-of-7-65-cueq-3-10-cu-2-21-ni-at-selebi-main-highl)
- Atlas sentiment: 0.504
- Atlas tags: Step-Out Extension, QA/QC Disclosed

NexMetals reported high-grade drill results at the Selebi Main deposit in Botswana, highlighted by an 11.15m intercept of 7.65% CuEq (3.10% Cu, 2.21% Ni) in hole SMD-26-212-W1. The drilling confirms a kilometre-scale trend of massive sulphides that extends beyond the 2024 Mineral Resource Estimate.

## Eastport Critical Metals Confirms Extensive Copper Mineralisation at Flagship Matsitama Copper Project with Multiple Intercepts Exceeding 100 Metres

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/eastport-critical-metals-confirms-extensive-copper-mineralisation-at-flagship-ma--491bf2eb-fab0-4df9-b990-184e3d2f2e88) · [Markdown](https://atlas-extractions.minestarters.com/news/eastport-critical-metals-confirms-extensive-copper-mineralisation-at-flagship-ma--491bf2eb-fab0-4df9-b990-184e3d2f2e88.md)
- Original announcement: 2026-07-20T11:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Eastport Critical Metals Corp. (EVI)
- Original source: [tmx](https://money.tmx.com/en/quote/EVI/news/4708902589770764/eastport-critical-metals-confirms-extensive-copper-mineralisation-at-flagship-ma)
- Atlas sentiment: 0.493
- Atlas tags: QA/QC Disclosed, Infill Drilling, Historical Estimate Only

Eastport Critical Metals has reported positive Phase One infill drilling results at the Matsitama Copper Project in Botswana, confirming thick copper mineralisation at the Nak-Main deposit. Several drill holes intersected over 100m of copper, including high-grade zones, validating historical continuity and supporting future NI 43-101 resource updates.

## NexMetals Increases Selkirk Mineral Resource by 70%, Establishing 1.1 Billion Pounds of Copper Equivalent in the Indicated Category and 200 Million Pounds in Inferred Category

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nexmetals-increases-selkirk-mineral-resource-by-70-establishing-1-1-billion-poun--b064a51a-ddf3-4cc9-9d1c-c047e48f23df) · [Markdown](https://atlas-extractions.minestarters.com/news/nexmetals-increases-selkirk-mineral-resource-by-70-establishing-1-1-billion-poun--b064a51a-ddf3-4cc9-9d1c-c047e48f23df.md)
- Original announcement: 2026-06-24T11:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: NexMetals Mining Corp. (NEXM)
- Original source: [tmx](https://money.tmx.com/en/quote/NEXM/news/4578552634858416/nexmetals-increases-selkirk-mineral-resource-by-70-establishing-1-1-billion-poun)
- Atlas sentiment: 0.498
- Atlas tags: Category Upgrade, Tonnage Growth, QP/CP Signed, NI 43-101 Compliant, Cut-off Disclosed

NexMetals has released an updated 2026 Mineral Resource Estimate for the Selkirk Project in Botswana, increasing the resource by 70%. The update establishes 1.1 billion pounds of copper equivalent in the Indicated category and 200 million pounds in the Inferred category, driven by successful twin drilling and the inclusion of additional payable metals.

## NexMetals' Final Analytical Results Confirm Selkirk Copper and Nickel Clean Concentrates Meet Commercial Smelter Specifications

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nexmetals-final-analytical-results-confirm-selkirk-copper-and-nickel-clean-conce--2b4b104a-2e3b-46bf-8585-6c4e2da801ba) · [Markdown](https://atlas-extractions.minestarters.com/news/nexmetals-final-analytical-results-confirm-selkirk-copper-and-nickel-clean-conce--2b4b104a-2e3b-46bf-8585-6c4e2da801ba.md)
- Original announcement: 2026-06-04T11:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: NexMetals Mining Corp. (NEXM)
- Original source: [tmx](https://money.tmx.com/en/quote/NEXM/news/7783031914167776/nexmetals-final-analytical-results-confirm-selkirk-copper-and-nickel-clean-conce)
- Atlas sentiment: 0.83
- Atlas tags: Bench Scale Only, Single Domain Only, Flotation Route, QP/CP Signed, Free Milling, Mill Route

NexMetals Mining Corp. announced final analytical results from metallurgical testwork on its Selkirk Mine in Botswana, confirming that both copper and nickel concentrates meet commercial smelter specifications. The Locked Cycle Test (LCT) results show very low levels of deleterious elements, which is expected to enhance marketability and off-take terms. These positive results support a potential low-capital restart pathway for the past-producing mine.

## NexMetals Intersects 11.15 Metres of Massive Sulphide Mineralization at Selebi Main in Drill Hole SMD-26-212-W1, Expanding the Flexure Zone

- Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nexmetals-intersects-11-15-metres-of-massive-sulphide-mineralization-at-selebi-m--4049710e-7e2c-4e3e-891e-143e8ad964a8) · [Markdown](https://atlas-extractions.minestarters.com/news/nexmetals-intersects-11-15-metres-of-massive-sulphide-mineralization-at-selebi-m--4049710e-7e2c-4e3e-891e-143e8ad964a8.md)
- Original announcement: 2026-06-01T11:00:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: NexMetals Mining Corp. (NEXM)
- Original source: [tmx](https://money.tmx.com/en/quote/NEXM/news/8377552087249562/nexmetals-intersects-11-15-metres-of-massive-sulphide-mineralization-at-selebi-m)
- Atlas sentiment: 0.323
- Atlas tags: No QA/QC Disclosure, Step-Out Extension

NexMetals reports visual drill results from the Selebi Main deposit in Botswana, highlighting a 11.15 metre interval of massive sulphides in hole SMD-26-212-W1. The results suggest expansion of the Flexure Zone, with assays currently pending.

# Atlas tag definitions

- **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm.
- **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.
- **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length.
- **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
- **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
- **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals.
- **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Step-Out Extension:** Mineralization extended beyond the previously known limit.
- **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery.
- **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
- **Deleterious Elements Present:** A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results.
- **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
- **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
- **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors.
- **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors.
- **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
- **All Inferred:** M&I share below the weak bound — very early stage, no engineering confidence.
- **Tonnage Growth:** Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
- **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics.
- **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
- **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
- **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
- **Grade Decline:** Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
- **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
- **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning.
- **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
- **Cut-off Lowered:** Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
- **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
- **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
- **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
- **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
- **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
- **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
- **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
- **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
- **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress.
- **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
- **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
- **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
- **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route.
- **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation.
- **Free Milling:** Simple, clean ore amenable to standard processing without oxidation.
- **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed.
- **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route.
- **Low Recovery:** Recovery below the weak band for the commodity and processing route.
- **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Single Domain Only:** Testing limited to one composite or domain — representativeness not established.
- **Recovery Stagnant:** No improvement across multiple test programs on comparable material.
- **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result.
- **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
- **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
- **Gravity Route:** Gravity separation forms a material part of the flowsheet.
- **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
- **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.
- **DFS Bankable:** AACE Class 2-1 study complete and within the staleness window.
- **PFS Complete:** AACE Class 3 study complete.
- **PEA Only:** Only Class 4 / Initial Assessment economics available. Not bankable.
- **No Study:** No formal economic study — no engineering basis for the economics quoted.
- **Stale Study:** Beyond the staleness window measured from the estimate base date.
- **Inferred Heavy Feed:** Material Inferred share of LOM mill feed, or the share is undisclosed.
- **Resource Governance Undisclosed:** No QA/QC, top-cut methodology or QP independence disclosed. Caps study quality at the moderate tier.
- **NPV Cut vs Prior Study:** A restated study reduces NPV materially against its own predecessor on the same asset.
- **High IRR:** Post-tax real unlevered IRR in the strong tier or better.
- **Low IRR:** IRR below the moderate tier.
- **Below Jurisdiction Hurdle:** IRR below the greenfield or brownfield hurdle for its jurisdiction tier.
- **IRR Basis Undisclosed:** Real vs nominal not stated, so the tier is not comparable across studies.
- **Undervalued PNAV:** Funding-adjusted P/NAV in the strong tier or better.
- **Overvalued PNAV:** Funding-adjusted P/NAV in the red-flag tier.
- **Fast Payback:** Payback in the strong tier or better, on the required basis.
- **Slow Payback:** Payback in the weak tier or worse.
- **Bottom Quartile Cost:** P0-25 of the relevant commodity cost curve.
- **Top Quartile Cost:** P75-100 of the relevant commodity cost curve — first to cut in a downturn.
- **Cost Basis Undisclosed:** By-product vs co-product not stated, so quartile placement is unreliable.
- **Low Capital Intensity:** Below the benchmark for its project type.
- **High Capital Intensity:** Above the benchmark for its project type.
- **Conservative Pricing:** Conservative on the worst of the spot, 3-year and consensus comparisons.
- **Aggressive Pricing:** The study only works on a stretched price deck.
- **No Price Sensitivity:** No price sensitivity disclosed — treated as a deliberate signal, not a neutral gap.
- **No Discount Rate Sensitivity:** Blocks NPV normalisation to the common rate without reconstruction.
- **Price Deck Unstructured:** Prices given only as free text, so conservatism cannot be scored.
- **Long Reserve Life:** Reserve life index in the top tier of the single ladder.
- **Short Reserve Life:** Reserve life index in the critical tier.
- **Resource Life Upside:** Wide gap between reserve life and resource life — conversion upside rather than discovery dependence.
- **Fully Funded:** Funding coverage at or above 1.0x counting committed facilities only.
- **Material Funding Gap:** Funding coverage below the substantially-funded band.
- **Funding Gap Exceeds Market Cap:** Red flag regardless of headline NPV — the upside is not reachable by the current equity holder.
- **Encumbered by Stream:** An existing stream or royalty reduces attributable NAV and restricts future financing.
- **Stability Agreement:** Fiscal terms fixed, with a term covering the mine life.
- **High Government Take:** Total government take above the regional norm as a share of pre-tax cash flow.
- **Fully Permitted:** Key permits granted with no unresolved challenge.
- **Permit Challenge Outstanding:** An appeal or legal challenge is unresolved, which can defer first production indefinitely.
- **No Community Agreement:** Permits held but no IBA or benefit agreement — the start date is unsupported.
- **Closure Underprovisioned:** Closure provision materially below peers, unfunded, or undisclosed.
- **Upstream TSF:** Upstream tailings construction, which is banned in Brazil and Ecuador.
