Midas Minerals Says Exploration at Namibia Project Identifies Copper Mineralization

MT Newswires Live
Jul 23, 2025

Midas Minerals (ASX:MM1) said trenching through shallow soil cover, mapping, and infill soil sampling at the South Otavi project in Namibia identified copper mineralization, according to a Wednesday Australian bourse filing.

The copper mineralization identified includes various copper oxides, chalcocite, and bornite occurrences within a corridor that is at least 100 meters wide and extends for at least two kilometers.

The trenching located the source of previously reported copper-in-soil anomalism, with multiple separate copper and silver mineralized zones confirmed.

Soil sampling is ongoing, and further trench sampling results are pending. The firm acquired open-file geophysical data to assist in prioritizing additional gold targets.

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