Kaoko Metals unveils high-grade copper and tungsten at Karibib in Namibia

• Assays from exploration fieldwork confirm prospective multi-commodity mineral system
• Multiple significant tungsten grades returned
• Mineralisation identified across multiple prospects
• Project-scale surface geochemical program commenced at Karibib

Kaoko Metals (ASX:KAO) is accelerating activities at Karibib project in central Namibia after receiving strong assay results from a maiden reconnaissance rock chip sampling program.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Designed to verify historical mineral occurrences, assess geological continuity and prioritise areas for follow-up exploration, the program has confirmed a prospective multi-commodity mineral system.

Assays have identified widespread high-grade copper, gold and tungsten mineralisation, reinforcing Kaoko’s view of Karibib’s potential.

“Our initial Karibib sampling confirms high-grade copper, gold and tungsten are present across multiple areas of the project. Importantly, this is only the first pass over an extensive land package that has seen little systematic exploration, so the start of our project-scale geochemical program is the next key step in unlocking the Project’s potential,” MD, Gerard O’Donovan, said.

“We are now applying exploration methodologies that have delivered major discoveries elsewhere within the Damara Belt, and we are excited to start defining new drill targets from this work.

“At the same time, we remain on track to commence maiden drilling at Chalkos in around three weeks, and the appointment of co-founder Callum Standing as consulting geologist further strengthens our technical team as we accelerate exploration across both projects.”

Karibib hosts several historical workings, including old trenches and hand-mined shafts, concentrated at Gamikaubmund, Gamikaubmund North and the Pot Mine. These areas were identified by prior explorers with a specific focus on gold mineralisation within the licence.

In mid-May, Kaoko completed a preliminary rock chip sampling program comprising 54 field samples across these three prospect areas: 40 samples at Gamikaubmund, 10 samples at Gamikaubmund North, and four samples at the Pot Mine.

The program was designed to verify historical mineral occurrences, assess the lateral and structural continuity of known mineralisation, and prioritise areas for follow-up exploration, rather than to specifically target the highest-grade or most visually obvious mineralisation.

Sample media accordingly spanned historic dump material, historic trench exposures and in-situ calc-silicate outcrop, providing a representative cross-section of the mineralised and host-rock package at each prospect rather than a grade-biased selection.

Of the 54 rock chip samples collected across the Gamikaubmund, Gamikaubmund North and Pot Mine prospects, ten samples (19%) returned assays above 1.0% copper, and three samples returned assays above 2.0% copper, confirming the presence of high-grade copper mineralisation at surface and validating the mineral occurrences previously documented by historical explorers at all three prospects.

Tungsten was also widespread, with 11 samples measuring >0.1% and a peak result of 0.68%. Several of the highest results came from samples with comparatively modest copper grades.

KAO was down -1.96%, to 50¢ today.

Join the discussion: See what HotCopper users are saying about Kaoko Metals Ltd and be part of the conversations that move the markets.

Disclaimer: This article is disseminated in partnership with Kaoko Metals Ltd. It is intended to inform investors and should not be taken as financial advice.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.