Serval Resources Sets Copper-Molybdenum Exploration Plans in Three African Countries Through 2027
2026-06-21 11:34
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en.Wedoany.com Reported - Mineral exploration and development company Serval Resources has established work programs for its copper exploration projects in Namibia and Botswana. Following a budget review, the company also agreed to implement a "small but high-impact" work program in Côte d'Ivoire to advance the Duékoué molybdenum/copper project.

Serval will conduct systematic exploration, combining geological mapping, geophysics, and soil sampling to understand known mineralization within its license areas. These work programs extend to mid-2027 and are fully funded. Each program includes resources allocated for environmental, social, and governance (ESG) considerations, with a focus on stakeholder engagement to ensure respect for land access rights, environmental management in compliance with local regulations, and the maintenance of appropriate health and safety measures.

Serval Resources CEO Robin Birchall stated that following the company's listing on the Aim market and concurrent fundraising, the focus has been on developing high-impact, targeted programs based on available budgets. This goal has been achieved, and teams are now being mobilized to complete substantial fieldwork over the coming months. The objective is to de-risk future drilling through a multi-dataset approach, with drilling on the projects planned to commence in the second half of 2026.

In Namibia, the company holds a large land package in the Kaoko Basin, interpreted as an extension of the Central African Copperbelt (spanning the Democratic Republic of Congo and Zambia). Historical drilling and geochemical work have shown copper and silver mineralization intersections from surface in several license blocks, providing direct targets for further delineation and the potential to define an initial resource in due course. The geological mapping program includes identifying target areas based on historical occurrences and previous drilling results, conducting initial reconnaissance, mapping surface mineralization, and recording visible mineralization and structural features to infer into areas with limited outcrop. Drilling will focus on the most promising targets to demonstrate the strike and depth extent of the mineralization system, thereby developing exploration targets with upper and lower bounds for tonnage and grade.

In Botswana, Serval holds 18 license blocks covering a total area of 1,283 square kilometers in the Kalahari Copperbelt. The work program focuses on understanding the theoretical extension of mineralized structures. The presence of sand cover overlying bedrock and barren structures (such as the Karoo volcanic sequence) adds to exploration complexity. The work program for the Duékoué molybdenum/copper project in Côte d'Ivoire aims to identify potential mineralization areas through structural trends, lithological correlations, and magnetic alteration zones. Insights from these efforts will be integrated to determine the strongest anomaly locations and the structural and fluid pathways where underlying geology may form large iron oxide/copper/gold-type deposits.

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