Australian company speeds up Chalkos exploration

AUSTRALIAN-listed Kaoko Metals will begin drilling at its Chalkos copper-silver project in northwestern Namibia within six weeks, following a confidence-boosting site visit.

The company says the visit covered its Chalkos and Karibib projects and focused on reconnaissance work, stakeholder engagement, drill-target definition and logistics planning ahead of drilling.

Kaoko has decided to prioritise drilling at the Chalkos project, specifically at the Donkey Hill and Otniel prospects, where copper mineralisation is visible at the surface.

Kaoko Metals managing director Gerard O’Donovan yesterday said the visit strengthened the company’s confidence in the project.