The Company’s exploration activity in the Kalahari Copperbelt has two key objectives:
- discover copper-silver mineralisation within the Boseto Zone that may contribute to a larger life and expanded Boseto Copper Project; and
- discover new zones of copper-silver mineralisation in the Mid Kalahari and South West Kalahari Zones that may support the development of a new stand-alone project.
Discovery Metals holds 18 prospecting licences covering 10,513 square kilometres in the Kalahari Copperbelt of north-west Botswana. The prospecting licences extend from 60 kilometres south-west of Maun through to the Namibian border, a distance of over 280 kilometres. The licences contain approximately 1,400 strike kilometres of favourable geology with the potential to host copper-silver mineralisation. At 30 June 2013, approximately 43% of this prospective horizon’s strike has been explored (soil sampled) by Discovery Metals, and approximately 32% has been drill-tested to date.
The seven north-eastern tenements, located in Ngamiland, were renewed in the first half of 2013 with the seven south-western tenements, located in the Ghanzi District, currently awaiting renewal approval. In February 2012, four new prospecting licences near D’Kar were granted. These became active on 1 April 2012 and these abut the Ghanzi District prospecting licences.