Bezant Resources is positioning the Hope and Gorob copper-gold project in central Namibia to move from advanced technical evaluation into production in 2026, based on the company’s own feasibility work, permitting progress and funding developments.
According to Bezant’s published project updates and feasibility study summary, the company released a summary of the feasibility study report prepared by independent consultants Sound Mining International Limited on 30 October 2025.
The report outlines the technical basis for developing the Hope and Gorob project. It confirms that mine planning, processing design and economic modelling have been completed to support a production decision.
Bezant reports that it holds a 70% interest in Hope and Gorob Mining (Pty) Ltd, which owns the mining licence covering the Hope, Gorob, Vendome and adjacent deposits in the project area.
Mining Licence ML 246 was granted in 2024 and formally issued in June 2025 following the issuance of an Environmental Clearance Certificate in April 2025.
The licence is valid until March 2040 and provides the regulatory foundation for mine development.
According to Bezant, the feasibility work was structured to provide shareholders with clarity on the development pathway, including geology, resource definition, mining schedules, processing flowsheets and financial modelling.
The study incorporates multi-sensor dry ore sorting technology at the mine site to produce a pre-concentrate before final processing.
Bezant states that the pre-concentrate would be transported to the Namib Lead and Zinc Mining processing plant, located approximately 190 kilometres from the mine site, for final concentration and product handling.
The company has proposed acquiring a 90% interest in the processing plant owner, which would allow the facility to be repurposed from its historical lead-zinc role into a copper-gold concentrator.
According to Bezant, using an existing plant materially reduces capital cost and shortens the development schedule compared with constructing a new greenfield processing facility.
The company indicates that refurbishment and modification of the existing plant could accelerate the project timeline by 18 months to 2 years.
This acceleration underpins Bezant’s stated ambition to achieve first production in 2026, subject to execution of construction, commissioning and integration of the ore sorting circuit.
Bezant’s project documentation states that the Hope and Gorob licence area hosts a JORC-compliant mineral resource of approximately 15 million tonnes at an average grade of about 1.2% copper, containing an estimated 190,000 tonnes of copper.
The resource base supports an initial mine life of approximately 11 years, with further upside potential from satellite prospects and extensions that remain open for future drilling and evaluation.
According to Bezant, the feasibility modelling integrates open-pit mining, staged development and ore sorting to optimise operating costs and improve head grade delivered to the processing plant.
The approach is designed to generate early cash flow while maintaining flexibility to expand throughput as additional resources are delineated.
Funding progress has also supported Bezant’s 2026 production target. In late 2025, Bezant reported securing a prepayment facility linked to a life-of-mine concentrate offtake arrangement with a commodities trading partner.
The facility is structured to provide staged funding as project milestones are achieved and is intended to support early engineering, procurement and construction activities.
Bezant states that the combination of a granted mining licence, a completed feasibility study summary, access to an existing processing plant, and initial funding arrangements positions the project to transition from the study phase into execution planning.
The company has indicated that detailed engineering, procurement of long-lead equipment and site preparation activities are expected to form part of the next development phase.
The Hope and Gorob project is located in a well-established mining region of central Namibia with access to road infrastructure and existing mining services.
Bezant’s development concept includes mine infrastructure, ore-sorting facilities, concentrate-haulage logistics, and processing plant upgrades, all of which must be coordinated to achieve the targeted production timeline.
According to Bezant’s communications, the company views Hope and Gorob as a staged development rather than a single large capital build, allowing production to ramp progressively while managing capital exposure. The company has emphasised disciplined capital deployment and the use of existing assets as key elements of its development strategy.
While the 2026 production target remains subject to construction execution, commissioning performance and operational readiness, Bezant’s feasibility summary and funding momentum reflect a clear intention to move the project into production within that time frame.
The company has stated that further project updates will address construction sequencing, procurement schedules and operational ramp-up as development activities advance.
Bezant’s Hope and Gorob development is currently one of the more advanced copper project pipelines among junior miners operating in Namibia, with defined resources, granted mining rights, a completed feasibility study, and a pathway toward near-term production, as outlined in the company’s published plans.
