Golden Deeps has lined up in-country drilling contractors capable of accessing the elevated outcrops at the Graceland prospect in Namibia’s Central Otavi Project, positioning the company to move into drill testing once channel-sample assays and geophysical targeting are complete.
The field team has finished trenching and diamond-saw channel cutting across key gossans at Gossan 1, Gossan 1 East and Gossan 2, with 254 samples submitted for analysis.
In parallel, quotes are being obtained for a dipole–dipole induced polarisation and resistivity survey over the Gossan 1 and Gossan 2 corridors to image sulphide bodies from surface to roughly 250 metres depth, with acquisition planned for September–October subject to contractor availability.
The latest surface work has delivered some of the strongest grab grades reported from the area to date. At Gossan 1 East, a four-metre breccia in dolomite carrying malachite and chalcocite returned 47.3% copper and 7,792 grams per tonne silver in sample A6EGS40, alongside 13.8% copper, 171 g/t silver and 224 g/t germanium in A6EGS43.
At Gossan 2 North, around fifty metres north of the previously mapped outcrop, sampling produced 3,179 g/t silver with 26.9% copper and 24.4% lead in A6EGS51; 1,993 g/t silver with 25.9% copper and 23.8% lead in A6EGS52; and 1,139 g/t silver with 31.3% copper and 17.7% lead in A6EGS53.
High-grade copper persists along the Gossan 1 corridor as well, with 50.6% copper recorded in A6EGS48 at G1 West, while G1 South shows strongly polymetallic material including 3.5% copper, 22.4% zinc, 28.0% lead and 63 g/t germanium in A6EGS45. Antimony is elevated across several samples, peaking at 731 g/t.
Beyond the 55 new rock-chip samples, 399 new soil samples have extended the highly anomalous footprint to roughly two kilometres of strike over a one-kilometre width.
The company describes multiple stacked, mineralised alaskites and carbonate-hosted sulphide occurrences across the Gossan 1 and Gossan 2 corridors, with the upcoming IP/resistivity work designed to help convert high surface grades into coherent subsurface targets.
Golden Deeps cautions that the spectacular numbers are from selective rock-chip samples and are not indicative of average deposit grades.
The pending channel-sample results are intended to provide intersection thicknesses and more representative grades across the outcrops, before geophysical inversions guide collar positions for the initial drilling campaign to test priority Cu–Ag–Zn–Pb–Ge sulphide targets.
The company links the emerging system to the Otavi Mountain Land’s classic “Tsumeb-type” carbonate-replacement style.
Tsumeb, about twenty kilometres north of Graceland, historically produced 27 million tonnes at 4.3% copper, 10% lead, 3.5% zinc, 95 g/t silver and 50 g/t germanium.
Management also underscores the significance of germanium in current markets—used in semiconductors and photovoltaics—alongside silver and copper, framing the corridor’s multi-metal value proposition.
Golden Deeps holds an 80% interest in the Central Otavi Critical Metals Project through Namibian subsidiaries, covering more than 440 square kilometres.
The project includes the Border zinc-lead-silver resource and advanced prospects at Driehoek and Kaskara. Within the wider Otavi portfolio, the company has reported resources at Abenab (vanadium–lead–zinc), Nosib (vanadium–copper–lead–silver with gallium) and Khusib Springs (silver–copper).
The immediate focus at Graceland is to complete geophysics, receive and interpret the channel assays, finalise target modelling and commence drilling with the contracted Namibian drill crews.
