Asarian Energy has secured a two-year renewal of its EPL 3638 licence for the Namibplaas uranium deposit in Namibia. The company plans to conduct additional drilling through December 2026 to upgrade the current Inferred resource to the Indicated category and potentially update its 2015 DFS.
Kaoko Metals is expanding its maiden drilling campaign at the Chalkos copper-silver project in Namibia, targeting at least 15,000m of drilling. Five diamond holes have been completed to date at the Otniel prospect.
Kaoko Metals is expanding its Chalkos copper-silver drilling campaign in Namibia to at least 15,000 metres following encouraging visual mineralisation at the Otniel prospect. The company is also seeing growth in the mapped surface expression of its Donkey Hill copper target and has recently completed a $20m capital raise to fund these activities.
Koryx Copper has completed its PFS drill program at the Haib Copper Project in Namibia, announcing further positive infill and expansion drill results from 18 holes totaling 7,074m. The program delivered wide intercepts and some higher-grade zones, particularly near surface in Target Area 3, which are consistent with prior results and will feed into an updated MRE and PFS due by year-end. While most results met expectations, one hole (HM200) did not intersect a predicted high-grade zone, and another (HM198) is expected to marginally reduce mineralized tonnage in its area.
Koryx Copper has completed its PFS drill program at the Haib Copper Project in Southern Namibia, announcing further positive infill and expansion drill results from 18 holes totaling 7,074m. The drilling confirmed wide intercepts and identified higher-grade zones, especially near surface, aligning with the geological model. The company is now focused on completing an updated Mineral Resource Estimate and Pre-Feasibility Study, both on track for publication by year-end 2026.
Kaoko Metals has mobilised a second diamond drilling rig at its Chalkos copper-silver project in Namibia to test the Donkey Hill prospect. This expansion follows a recent $20 million capital raise and aims to test the depth of mapped copper mineralisation.
Ongwe Minerals has intersected high-grade gold at the BK2 target within the Belmont Prospect, Namibia, with intercepts up to 9.21 g/t Au. The company has outlined a 3,500 m follow-up drilling program and is advancing geophysical programs at the K17 copper-gold prospect.
Core Energy Minerals (ASX:CR3) has announced a transformational earn-in agreement for a potential 51% stake in the Nova joint venture in Namibia's Erongo region. The deal provides access to high-grade uranium targets, including the Barking Gecko prospect, and is supported by a recent $3m capital raise to fund upcoming drilling and re-assaying programs.
Ongwe Minerals has commenced its maiden drilling campaign at the newly discovered Nguni gold prospect in Namibia. The program includes diamond drilling to test high-grade soil anomalies and RC drilling for strike extension, alongside step-out drilling at the existing Manga Gold prospect.
Koryx Copper announced further drill results from its Haib Copper Project in Southern Namibia, reporting assay results for 15 drill holes totaling 6,825m of infill and expansion drilling. The program yielded consistent wide intercepts, including 318m @ 0.49% CuEq and 220m @ 0.40% CuEq, with high-grade zones such as 2m @ 8.01% Cu. The results are being incorporated into an updated Mineral Resource Estimate and Pre-Feasibility Study expected by year-end 2026.
