Golden Deeps Identifies Major Sulphide Target in Namibia's Otavi Region
Golden Deeps Ltd has discovered a significant blind sulphide target in Namibia's Otavi Mountain Land, potentially comparable to the historic Tsumeb mine. This discovery may provide critical metals essential for advanced technologies, positioning Namibia as a key supplier to global markets.
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Golden Deeps Ltd has identified a large blind sulphide target exceeding 300 meters in length at the Graceland prospect in Namibia, as detailed in its quarterly report for March 2026. This discovery, characterized by its strong induced polarization chargeability and low resistivity, has no surface expression, similar to the Khusib Springs mine's geological profile.
The company has reported notable intersections in its diamond drilling program, including 0.66 meters at 34.8 percent copper and a broader zone grading 12.8 percent copper. The implications extend to critical metals such as germanium and antimony, vital for technology sectors. With an 80 percent stake in the Central Otavi Project and a cash reserve of $4.62 million, Golden Deeps is poised for continued exploration, potentially unlocking significant economic benefits for Namibia.
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