Kaoko Metals Expands Drill Program and Discovers New Mineralisation
Key points
- Expanded drill program at Otniel to 15,000m
- New surface copper mineralisation discovered at Donkey Hill East
- Second drill rig mobilised at Donkey Hill
- Assays for initial holes expected in 2-3 weeks
- Ongoing geological mapping and geophysical surveys planned
Full summary
Kaoko Metals Limited has expanded its diamond drilling program at the Otniel prospect within its Chalkos Copper-Silver Project in Namibia to at least 15,000 metres, following initial successful drilling results. The company has also identified significant new surface copper mineralisation at Donkey Hill East, extending the mapped surface expression by over 700 metres. A second drill rig has been mobilised to Donkey Hill to test this newly discovered mineralisation. Assays for the first two drill holes at Otniel are expected in approximately 2-3 weeks. The company plans to conduct further geological mapping, surface sampling, and geophysical surveys to refine drilling targets and assess the potential of the newly identified mineralisation.
Outlook
The company plans to continue drilling at Otniel and Donkey Hill, and initiate geophysical surveys to identify additional drill targets across the Chalkos Project.
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