Kaoko Metals Expands Drilling Program at Namibia Copper-Silver Project; Shares Fall 13%

MT Newswires Live09-24 08:35

Kaoko Metals (ASX:KAO) said its diamond drilling program at its flagship Chalkos copper-silver project in Namibia has been expanded to at least 15,000 meters, with a second rig mobilized to Donkey Hill following initial success at Otniel and a new surface discovery at Donkey Hill East, according to a Thursday Australian bourse filing.

The company said five diamond holes have been completed to date at Otniel, while new surface copper mineralization has been discovered at Donkey Hill East, including a rock-chip sample grading over 50% copper, extending the known mineralized trend by more than 700 meters.

The mapped surface expression at Donkey Hill now exceeds 1,500 meters, reinforcing its status as a high-priority target alongside Otniel, the filing added.

The company's shares fell 13% in recent Thursday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2669437620?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-24 08:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2669437620","market":"us","top_or_hot":-1,"title":"Kaoko Metals Expands Drilling Program at Namibia Copper-Silver Project; Shares Fall 13%","media":"MT Newswires Live","content":"<html><body><p> Kaoko Metals (ASX:KAO) said its diamond drilling program at its flagship Chalkos copper-silver project in Namibia has been expanded to at least 15,000 meters, with a second rig mobilized to Donkey Hill following initial success at Otniel and a new surface discovery at Donkey Hill East, according to a Thursday Australian bourse filing.</p><p>The company said five diamond holes have been completed to date at Otniel, while new surface copper mineralization has been discovered at Donkey Hill East, including a rock-chip sample grading over 50% copper, extending the known mineralized trend by more than 700 meters.</p><p>The mapped surface expression at Donkey Hill now exceeds 1,500 meters, reinforcing its status as a high-priority target alongside Otniel, the filing added.</p><p>The company's shares fell 13% in recent Thursday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kaoko Metals Expands Drilling Program at Namibia Copper-Silver Project; Shares Fall 13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKaoko Metals Expands Drilling Program at Namibia Copper-Silver Project; Shares Fall 13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-24 08:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Kaoko Metals (ASX:KAO) said its diamond drilling program at its flagship Chalkos copper-silver project in Namibia has been expanded to at least 15,000 meters, with a second rig mobilized to Donkey Hill following initial success at Otniel and a new surface discovery at Donkey Hill East, according to a Thursday Australian bourse filing.</p><p>The company said five diamond holes have been completed to date at Otniel, while new surface copper mineralization has been discovered at Donkey Hill East, including a rock-chip sample grading over 50% copper, extending the known mineralized trend by more than 700 meters.</p><p>The mapped surface expression at Donkey Hill now exceeds 1,500 meters, reinforcing its status as a high-priority target alongside Otniel, the filing added.</p><p>The company's shares fell 13% in recent Thursday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PICK","symbol_name":"iShares MSCI Global Metals & Mining Producers ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2669437620","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2669437620","pubTimestamp":1790210126,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Kaoko Metals  said its diamond drilling program at its flagship Chalkos copper-silver project in Namibia has been expanded to at least 15,000 meters, with a second rig mobilized to Donkey Hill following initial success at Otniel and a new surface discovery at Donkey Hill East, according to a Thursday Australian bourse filing.The company said five diamond holes have been completed to date at Otniel, while new surface copper mineralization has been discovered at Donkey Hill East, including a rock-chip sample grading over 50% copper, extending the known mineralized trend by more than 700 meters.The mapped surface expression at Donkey Hill now exceeds 1,500 meters, reinforcing its status as a high-priority target alongside Otniel, the filing added.The company's shares fell 13% in recent Thursday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PICK":"iShares MSCI Global Metals & Mining Producers ETF","BK4585":"ETF&股票定投概念","XME":"金属与采矿指数ETF-SPDR","COPX":"铜矿ETF-Global X","KAO.AU":"Kaoko Metals Limited","DBB":"基础金属ETF-PowerShares","BK7095":"多种金属与采矿","BK4535":"淡马锡持仓","BK4588":"碎股","SETM":"Sprott Critical Materials ETF"},"translate_title":"Kaoko Metals 扩大纳米比亚铜银项目钻探计划；股价下跌 13%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SETM":1.5,"DBB":1.5,"PICK":1.5,"COPX":1.5,"KAO.AU":1,"XME":0.75},"content_text":"Kaoko Metals (ASX:KAO) said its diamond drilling program at its flagship Chalkos copper-silver project in Namibia has been expanded to at least 15,000 meters, with a second rig mobilized to Donkey Hill following initial success at Otniel and a new surface discovery at Donkey Hill East, according to a Thursday Australian bourse filing.The company said five diamond holes have been completed to date at Otniel, while new surface copper mineralization has been discovered at Donkey Hill East, including a rock-chip sample grading over 50% copper, extending the known mineralized trend by more than 700 meters.The mapped surface expression at Donkey Hill now exceeds 1,500 meters, reinforcing its status as a high-priority target alongside Otniel, the filing added.The company's shares fell 13% in recent Thursday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2669437620","isCrawlerRequest":true}