COPPER
demonstrating copper (Cu) mineralisation on multiple prospects, occurring from surface. Table 1 (below) summarise summarises a few such intersections from the 2024 campaign. The Botswana Copper Project The acquisition will also give Oscillate the opportunity for 100%-ownership of highly prospective copper and silver exploration tenements and one of the largest tenement packages in the KCB, assuming that all applications are transferred. The KCB is considered to be one of the world’s most prospective areas for new sediment- hosted copper discoveries by the US Geological Survey. It cemented its position as an emerging major copper producing district in 2023 further to the acquisition of the Khoemacau Copper Mine and exploration assets by MMG for US$1.9 billion. Sandfire Resources has also established producing operations, with the Motheo mine commencing production in record time. The KCB licences consist of three highly strategic project areas along strike, and adjacent to, operating mines and development assets owned by major copper producers, positioning Oscillate as a significant player in the region with high-potential exploration assets. Within the KCB licences, the company will target unexplored basin margins and strike extension of known deposits with what the company believes to be ideal geological positions for sedimentary copper. The PL85 licence, which is in the Bushman Lineament, is also adjacent to the previously producing Kopano copper mine in this region. As part of the company’s due diligence process, Oscillate will be carrying out exploration work to establish the mineralised contact for this prospect, which is adjacent to MMG’s Khoemacau producing copper mine. n
Location of the Kalahari Copper exploration licences in Namibia.
extension of the Central African Copper Belt that runs through Zambia and the Democratic Republic of Congo and is home to a significant number of major and high-grade producing copper mines. The Kaoko Basin and the Central African Copper Belt have important geological similarities and stratigraphic correlations, with both basins expected to host significant stratabound (sediment- hosted) copper and silver deposits. Kalahari Copper has completed more than 8 000 metres of drilling over a series of campaigns to date, with multiple intersections
Table 1
EPL number
Hole number
Prospect name
From (m)
To (m)
Cu%
7081*
OPR002
Omatapati
80
100
1.2
7081*
OPR001
Omatapati
52
56
1.1
7081*
OPR001
Omatapati
72
74
1.9
7082
ONR019
Ondera
45
46
1.4
*Licence is in the process of being renewed and is subject to approval
18 MODERN MINING www.modernminingmagazine.co.za | NOVEMBER2025
Made with FlippingBook - Online magazine maker