Ann: Kopore to accelerate exploration in Namibia, page-2

NAMIBIAN DATASET TO ACCELERATE
EXPLORATION TARGETING
HIGHLIGHTS
• Kopore acquires geological dataset from Namibian Ministry of Mines
and Energy which allows exploration targeting on newly acquired
Namibian prospecting licences to be fast-tracked and reduce initial
exploration costs
• Allows Kopore to immediately refine exploration targets which will
benefit the Company as currently the largest prospecting licence
holder in the Kalahari Copper Belt
• Latest information to be immediately integrated into Company’s
database to deliver contiguous dataset with existing Botswana assets
• Environmental clearance certificate (ECC) program initiated in
Namibia, with anticipated completion expected late Q4 2018
• RAB and RC drilling program continues at the Botswana KM3
Prospect
Kopore Metals Limited (“Kopore” or “Company”) is pleased to provide the
following update on its eight Namibian prospecting licenses (EPL’s) covering
5,705km2 over the emerging Kalahari Copper Belt (see Figure 1).
The Company was recently granted access by the Namibian Ministry of Mines and
Energy to substantial sets of archived historical reports and data, covering its
Namibian prospecting licenses. A newly received additional set of information has
provided the Company with an accelerated path to identifying and refining
exploration prospects and further optimising targeted exploration expenditure (see
Figure 2).
The eight Namibian prospecting licences cover potential copper-silver prospects
with two types of regional interpreted structures, comprising domal limbs and
potential intact subsurface domes within the licence areas (see Figure 3).
Kopore continues to work to fast-track its Namibian exploration program definition
stage to align this with the Company’s Botswana Projects as the Company
progresses through its respective drilling programs. The Company has initiated
its required Environmental Clearance Certificate (ECC) program over the
Namibian license areas, with anticipated completion in later Q4 2018.
“This newly received additional information will assist the Company in fast-tracking
our Namibian exploration targeting phase and allowing the Company to utilise its
exploration expenditure more effectively. We look forward to providing further
information on our Namibian prospects and planned exploration programs.”- said
Kopore Managing director Grant Ferguson.
As announced1
, the Company is continuing its maiden rotary air blast (RAB) and
reverse circulation (RC) drilling, comprising an initial 3,000 metres across the
Company’s identified copper anomalies at KM3 and GW3 Prospects.