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15/06/2024
Mining News

Namibia grants three mining licences to Canadian company

Namibia has granted mining licences to Antler Gold’s three projects – the Paresis, Onkoshi and Ziggy Copper project.

The Paresis Gold Project is within the ‘gold corridor’ that hosts B2Gold’s Otjikoto and Ondundu as well as Osino Resources’ recently discovered Eureka gold deposits.

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The company says Namibia also issued them the environmental clearance certificate for the Paresis Gold Project.

Namibia granted the other licence to the Onkoshi South-East Gold project under EPL 8991, which forms part of the Onkoshi Gold Project.

The Onkoshi South-East Gold Project’s mineral resource estimate is 1.3 Moz at 1.0 g/t Au, like Wia Gold’s Kokoseb Gold Project.

The third licence belongs to the Ziggy copper project on a newly awarded EPL 8937 in Mooifontein, near Helmeringhausen in southern Namibia.

Antler Gold’s CEO Christopher Drysdale says the priority for 2023 lies in bolstering the project portfolio while advancing existing joint ventures and reinforcing our commitment to expanding our current offerings.

“Antler’s project generation strategy has yielded tangible results, which have translated into successful option and purchase agreements, resulting in financial gains and potential valuable royalty and equity interests.

“Our geologists remain engaged in evaluating prospects across Southern Africa, securing a pipeline of opportunities for future exploration partnerships,” Drysdale said.

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