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Serval Resources Plc (AIM:SRVL) has identified widespread copper-silver mineralisation at surface during a geological mapping campaign across two exclusive prospecting licences in Namibia’s emerging Kaoko Basin.
The London-listed explorer confirmed Tuesday that the program verified multiple historically logged copper showings in outcrops and uncovered newly exposed surface mineralisation across both exclusive prospecting licences (EPLs). Notably, at EPL 7079, geologists identified a redox boundary setting a geological environment closely linked to the nearby Okohongo copper-silver deposit.
The findings underscore the potential of northwestern Namibia, a region increasingly viewed by geologists as the structural extension of the prolific Central African Copper Belt, which hosts some of the world’s highest-grade copper deposits across Zambia and the Democratic Republic of Congo.
Robin Birchall, Chief Executive Officer of Serval Resources, noted that the sheer scale of the company’s land package presents a unique operational hurdle that requires a methodical exploration strategy.
“The land package is large, which offers a positive challenge of target generation that will be addressed with a systematic approach to exploration,” Birchall said. “Geological mapping is an important component of this, as it can be used to refine geological interpretations and identify priority zones for follow-up geophysical and soil sampling programs, before future drilling to expand the known mineralisation.”
Serval’s footprint in the Kaoko Basin spans four distinct exploration licences encompassing 788.79 square kilometres. Management intends to use the newly acquired mapping data to high-grade targets for secondary geophysical surveying and soil geochemical testing ahead of an eventual maiden drilling campaign.
The successful surface campaign marks an early milestone for the independent copper developer as it seeks to position itself at the forefront of African base metal discoveries amidst tightening global copper supplies.
“In terms of the findings of this initial program, it has confirmed the prospectivity of these EPLs and it is of course encouraging to see extensive copper mineralisation at surface,” Birchall added.
