Noronex Advances Copper Exploration with New Drilling Program in Namibia

Noronex Limited (ASX: NRX) has signed a contract to begin a 7,000-metre Reverse Circulation (RC) drilling program in August 2025 at its Humpback Copper Project in Namibia, under the FY26 exploration agreement with South32. This initiative, fully funded by South32, targets large domal structures with known copper anomalies. Concurrently, diamond drilling at the Fiesta Project is complete, with assay results from the final holes expected soon. The diamond rig will now move to the Oosterwald Prospect to test a new domal target. Aerial electromagnetic data supports the geological potential of this zone. Meanwhile, RC drilling at the Powerline Project aims to evaluate historic intercepts along the NPF-D’Kar contact. With assays pending and new drilling underway, Noronex is entering a pivotal phase in unlocking large-scale copper deposits in the Kalahari Copper Belt.

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