Midas Minerals Limited Uncovers 2km Copper Strike in Namibia’s South Otavi – Paving the Way for Drilling and Expanded Gold Exploration
Wednesday, July 23, 2025
at
8:15 am
Midas Minerals Limited has unveiled a promising 2km copper corridor at its South Otavi Project in Namibia, with potential gold targets also emerging. Preparations for initial drilling are underway, positioning the company for exciting exploration prospects and possible value creation for resource-focused investors.
Midas Minerals Limited has revealed encouraging exploration results from its South Otavi Project in Namibia. Recent trenching and mapping have identified widespread in situ copper mineralisation spread along a corridor at least 100 meters wide and extending over a 2‐km strike, with the potential to extend up to 8 km under shallow cover. The copper found includes various forms such as copper oxides, chalcocite, and bornite. One notable trench demonstrated an intersection of 2 meters at 2.41% copper along with 28.5 grams per tonne silver, providing a technical benchmark for the newly defined mineralised zones.
The company has integrated new soil sampling results with open-file geophysical data to sharpen their exploration on both copper and gold targets. These activities coincide with broader plans on the larger Otavi Copper Project, supporting a strategic expansion in the region. Midas Minerals Limited has also taken steps to secure local infrastructure by establishing an office, core-shed, and accommodation in Otavi, indicating a robust commitment to an accelerated drilling campaign. Historical exploration from the 1960s through 2000 adds an extra layer of context, highlighting pre-existing gold and copper anomalies that the current work aims to build upon.
Technical indicators from the trenching work reveal multiple discrete mineralised zones, while the soil sampling grid of approximately 400 samples over a 5.5 km strike reinforces the favourable geological setting. The company’s approach includes detailed recording of trench lengths, sample intervals, and assay results, with quality control measures ensuring reliable data output from a SANAS accredited laboratory.
The news offers a bullish sentiment for those optimistic about early-stage exploration ventures. The identification of high-grade copper mineralisation, combined with well-prepared logistics and local infrastructure support, points toward potential value appreciation as drill programs commence. On the other hand, a cautious or bearish perspective may note that many assay results are still pending, and the full extent of the mineralisation remains to be confirmed through further drilling and detailed geophysical interpretation. For beginner traders monitoring mining exploration, these developments signal that while substantial upside exists, the inherent risks of early-stage exploration should be carefully considered.