Midas Delivers Strong Copper and Silver Drilling Results in Namibia
Midas Minerals Ltd (ASX: MM1) has reported impressive new drilling outcomes from the T-13 Deposit within its Otavi Copper Project in Namibia. The latest infill drilling program identified several wide, high-grade copper and silver intersections, strengthening confidence in the quality and continuity of mineralisation across the deposit. Notable results included thick zones containing strong copper equivalent grades, while additional drilling at the nearby T-13 West Zone also confirmed encouraging mineral potential.
The company stated that the new results continue to outperform expectations and support the possibility of expanding the existing resource. Midas previously announced an inferred resource of 10.5 million tonnes at the T-13 Deposit and is targeting a resource upgrade later in 2026.
Exploration activity remains active across the Otavi Project, with multiple rigs currently operating on different targets. Management believes the combination of high-grade results, strong geological continuity, and expansion opportunities highlights the long-term potential of the project and strengthens Midas’ position in Namibia’s growing copper sector.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Midas Delivers Strong Copper and Silver Drilling Results in Namibia
Midas Minerals Ltd (ASX: MM1) has reported impressive new drilling outcomes from the T-13 Deposit within its Otavi Copper Project in Namibia. The latest infill drilling program identified several wide, high-grade copper and silver intersections, strengthening confidence in the quality and continuity of mineralisation across the deposit. Notable results included thick zones containing strong copper equivalent grades, while additional drilling at the nearby T-13 West Zone also confirmed encouraging mineral potential.
The company stated that the new results continue to outperform expectations and support the possibility of expanding the existing resource. Midas previously announced an inferred resource of 10.5 million tonnes at the T-13 Deposit and is targeting a resource upgrade later in 2026.
Exploration activity remains active across the Otavi Project, with multiple rigs currently operating on different targets. Management believes the combination of high-grade results, strong geological continuity, and expansion opportunities highlights the long-term potential of the project and strengthens Midas’ position in Namibia’s growing copper sector.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au