# Copper and gold exploration in Namibia

> Live situation record from CLSTR: https://clstr.news/situations/copper-and-gold-exploration-in-namibia
> Updated: 2026-09-18T01:06:03.000Z. Sources: 4. Developments: 2.

Exploration activity for copper and gold is increasing in Namibia. Kaoko Metals reported significant copper mineralisation at its Otniel prospect within the Chalkos copper-silver project, noting intersections of minerals such as chalcocite, malachite, and chalcopyrite. This discovery led to a substantial surge in the company’s share price on the Australian Securities Exchange.

In the same region, Sultan Resources has applied for an additional 171.2 square kilometers of exploration ground for the Kaalkop Project. Located in the Central Damara Belt, this project aims to target copper and gold mineralization through geological mapping and geochemistry surveys, situated near existing operations such as those managed by Kaoko Metals.

## Timeline

### 2026-09-18: Sultan Resources applies for copper-gold exploration license in Namibia

Sultan Resources has applied for the 171.2km2 Kaalkop Project in Namibia, targeting copper and gold exploration within the Central Damara Belt.

2 sources. https://clstr.news/cluster/sultan-resources-applies-for-copper-gold-exploration-license-in-namibia

### 2026-09-02: Kaoko Metals reports copper mineralisation in Namibia drilling

Kaoko Metals reported broad copper mineralisation at its Chalkos project in Namibia, triggering a 160% share price surge and an ASX price and volume query.

3 sources. https://clstr.news/cluster/kaoko-metals-reports-copper-mineralisation-in-namibia-drilling

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Cite as: Copper and gold exploration in Namibia. CLSTR, https://clstr.news/situations/copper-and-gold-exploration-in-namibia