Kaoko Metals accelerates Chalkos copper-silver project drilling in Namibia

Australian-listed Kaoko Metals plans to begin drilling at its Chalkos copper-silver project in northwestern Namibia within six weeks. This decision follows a recent site visit that included reconnaissance, stakeholder engagement, and drill-target definition. The company will prioritize drilling at the Donkey Hill and Otniel prospects within the Chalkos project, where copper mineralization is visible on the surface. Kaoko Metals managing director Gerard O’Donovan stated that the visit reinforced confidence in the project due to the quality of surface mineralization, potential scale, and emerging structural interpretation. Site preparation has progressed faster than anticipated, allowing for an earlier start to drilling. Kaoko Metals has also engaged structural geologists to study the mineralized system at Donkey Hill and Otniel to better understand geological controls and optimize drill hole placement. Concurrently, the company will initiate a regional soil sampling program at its Karibib gold-copper-tungsten project to identify additional exploration targets. Kaoko Metals is exploring for copper, silver, and gold in Namibia's Kaoko and Damara geological belts, with the Chalkos project located in the Kaoko Copper Belt and the Karibib project near the Navachab Gold Mine and Twin Hills gold project. The company also met with local community representatives, conservancy stakeholders, government officials, and potential drilling contractors during the site visit.