Namibian-owned Dorob Resources CC is seeking US$1.2 million from a strategic investor for a 60% equity stake in its graphite project south of Otjiwarongo as it prepares to explore two recently granted prospecting licences covering more than 34,000 hectares.
Dorob describes itself as a 100% Namibian-owned company, although publicly available project and mining records reviewed do not disclose its individual members or beneficial owners. Its investment profile also does not name its management team, stating that details of both the team and the company’s incorporation history are available “upon request”.
The company is seeking investors specifically for EPL 10751, which it is marketing as the Okanjande Graphite Project, and says the funding would support drilling, metallurgical testwork, and resource definition to establish a JORC-compliant mineral resource.
The investment drive comes as Dorob seeks environmental clearance to begin exploration on EPL 10751 and neighbouring EPL 11152.
The company’s Background Information Document (BID), prepared by Excel Dynamic Solutions, confirms that the Ministry of Industries, Mines and Energy has granted both licences to Dorob.
Dorob’s Environmental Information Service independently carries out the same 2026 environmental filing and describes both EPLs as granted.
EPL 10751 covers 18,419.2113 hectares, while EPL 11152 covers 15,657.3142 hectares, giving Dorob a combined exploration area of about 34,076.5 hectares, approximately 18km south of Otjiwarongo.
The latest environmental documentation therefore supersedes older Ministry records from October 2025, when EPL 11152 was still recorded as an application.
The licences extend across a sizeable farming area around Otjiwarongo.
According to the BID, the exploration ground overlies GoodHope/Rooibult, GoodHope/De Poort, Welgelegen No. 303, Patagonia No. 137, Okanjande No. 145, Highlands No. 311, Okatjemunde No. 309 and Phantom No. 490.
Dorob’s environmental application is considerably broader than its graphite investment proposal. It intends to prospect across the two licences for base and rare metals, dimension stone, industrial minerals, nuclear fuel minerals, precious metals and semi-precious stones.
Graphite is specifically being promoted on EPL 10751.
Dorob describes that licence as an advanced brownfield graphite exploration project targeting crystalline flake graphite within the Damara Belt. It says historical drilling has already confirmed graphite mineralisation and that historical drilling, geophysical, and resource information is available.
However, Dorob has not yet declared a JORC-compliant mineral resource for the project. The company acknowledges that additional drilling is required to confirm the historical information to JORC standards.
That makes the US$1.2 million fundraising essentially an exploration and resource-definition investment rather than funding to build a mine.
Dorob is offering a strategic investor or joint-venture partner a 60% equity interest for US$1.2 million, coupled with full funding of the exploration programme required to take the project to a JORC resource.
The planned expenditure includes Phase 1 and Phase 2 drilling, metallurgical testwork and resource definition. Dorob says it has completed preliminary technical due diligence, while financial due diligence remains outstanding and environmental approval is pending.
The company currently reports no income from the project and says it will use the capital raised for exploration drilling, metallurgical testing, and resource development. It is also looking for a partner that can help it access battery and industrial graphite markets. Three-year exploration programme
The environmental documents provide considerably more detail about what would happen on the ground if Dorob obtains its Environmental Clearance Certificate.
Exploration is expected to take about three years or longer, depending partly on the time required to analyse exploration results and the availability of funding between successive phases.
The first phase would involve non-invasive prospecting, including geological mapping and surveys. Once targets are identified and verified, Dorob proposes moving to more intrusive exploration involving soil sampling, trenching, and drilling.
The purpose is to delineate mineral deposits and establish whether targeted commodities are economically viable enough to justify progression towards resource development and mining.
Between five and 10 people are expected to work on site during exploration and would be housed in tented camps or other accommodation.
The programme could involve two or three 4×4 vehicles, a drilling support truck, an excavator or front-end loader, a dozer, an air compressor, and generators. Water would be required for drilling, equipment cooling, washing and drinking, although the volumes have not yet been determined.
Dorob says it would rehabilitate disturbed areas after exploration, including backfilling trenches and boreholes, levelling stockpiled topsoil, and cleaning exploration sites.
Because the licences overlap commercial farmland, the environmental assessment identifies possible disturbance of grazing areas as one of the project’s potential effects.
Other identified risks include soil disturbance and erosion, impacts on fauna and flora, possible water over-abstraction and soil pollution, dust, drilling noise and vibration, increased traffic, waste, archaeological or cultural heritage impacts and possible land-use conflicts.
Potential benefits identified by the consultants include employment, skills transfer, local procurement and opportunities for small businesses.
Dorob cannot start the proposed exploration simply because the EPLs have been granted. The BID says work will commence only after the company has obtained an ECC and other necessary approvals, including land-use consent where required.
