The West Australian – Noronex extends Namibia copper hunt into adjacent Botswana

The West Australian – Noronex extends Namibia copper hunt into adjacent Botswana

Noronex Limited has been granted two strategic Botswanan prospecting licences on the Namibia-Botswana border, contiguous with and north-east along strike from its Damara copper project in Namibia.

Aeromagnetic data shows direct continuity of prospective linear magnetic signatures striking eastwards across the border from Damara into both of the new licences, parallel with and along the interpreted northern boundary of the Kalahari Basin.

The new licences enclose almost 1500 square kilometres of previously unexplored terrane within the footprint of the globally renowned Kalahari Copper Belt. It is interpreted as including the key prospective D’Kar Formation, which could be developed directly on the basin margin.

The new tenements, held by Noronex’s subsidiary Senyetse Resources, embrace 721.87 square kilometres and 745.40 square kilometres respectively. Noronex will now transfer the licences to a new fully-owned Botswanan subsidiary, Tilodi Metals Botswana P/L.

Article link:   https://thewest.com.au/business/bulls-n-bears/noronex-extends-namibia-copper-hunt-into-adjacent-botswana-c-18038121/