Announcement • 5h
Botswana Minerals plc Appoints David Cockbill as Non-Executive Director Botswana Minerals plc announced that David Cockbill has been appointed to the Board as a Non-Executive Director. David is an experienced corporate financier and public capital markets executive. He studied accountancy at Manchester University before commencing a 35-year career in the City of London with various leading investment banks such as HSBC and Société Générale, including periods with ING and Dresdner as a proprietary trader. David has been a Financial Conduct Authority (FCA) regulated person since 2021 focusing on opportunities within the micro-cap sector and raising capital for public companies in the natural resources and technology sectors. Mr. David Andrew Cockbill, age 66, has held the following directorships and /or partnerships in the past 5 years: Current Directorships /Partnerships: Arkle Resources plc; Sedgehurst Group Ltd. Announcement • May 23
Botswana Minerals Plc Identifies Copper Targets Using AI-Assisted Exploration Botswana Minerals plc announced that an AI-assisted exploration study across two of its eight northern Botswana licences has identified 36 copper anomalies grouped within six exploration corridors (geological trends containing clusters of anomalies). The licences lie within an under-explored geological corridor linking Namibia's Damara Belt with the Central African Copperbelt of Zambia and the DRC: two of Africa's most important copper regions. The anomalies identified share the geological characteristics of several major operating and historical deposits and fieldwork to identify the top targets for drilling will commence shortly. The ongoing work is evaluating the remaining six licences. The analysis uses data from copper mines around the world to identify areas with similar geological characteristics, with the next step to rank these anomalies to better focus future fieldwork and any subsequent drilling decisions. This involves deeper AI analysis to support targeted field work. Botswana Minerals will proceed by undertaking the following workstreams: Initial field work expected to begin within three months; Apply the same AI-assisted methodology across its six remaining northern Botswana licences; Refine and rank the 36 target areas identified to date; Plan field programmes across the highest-priority corridors; and Prepare the next phase of exploration work based on the integrated target inventory. The Company's eight licences lie along the geological corridor linking Namibia's Damara Belt with the Lufilian Arc of the Central African Copperbelt in Zambia and the DRC, via northern Botswana. Geological evidence supports a single, continuous belt formed during the Pan-African collision of the Congo and Kalahari Cratons: the ancient tectonic plates of central and southern Africa, and this belt hosts the world's largest sediment-hosted copper province. The Company's northern licences sit on the southern edge of the Congo Craton, in the same geological setting and carbonate host rocks that host the Tsumeb polymetallic mine and the Kaoko Copper Belt of northern Namibia. Despite this favourable geology, the area has historically seen limited modern exploration and is therefore considered by the Company to be highly prospective. The assessment was completed using Planetary AI's Xplore platform, which combines machine-learning techniques with expert geological reasoning to identify prospective ground from very large, multi-disciplinary datasets. The work integrated: geological mapping and rock-type boundaries; structural data and interpreted fault patterns; magnetic and gravity geophysical data; multi-element geochemistry; and remote-sensing data. These datasets were interpreted together to identify major structures, potential pathways for mineralised fluids, alteration zones and favourable rock units, and to produce a ranked inventory of exploration target areas. Outputs were reviewed and validated by experienced geologists throughout and tested against multiple deposit models to ensure that the targets identified are supported by multiple lines of evidence rather than relying on isolated anomalies. The work has identified 36 priority targets across the two northern licences, grouped into six corridors, each with characteristics consistent with a different style of mineralisation. Key features include: geochemical and geophysical anomalies aligned with major faults that can act as pathways for ore-bearing fluids; widespread favourable carbonate host rocks across the licences, suitable for both sediment-hosted and structurally controlled copper and base-metal mineralisation; evidence of hydrothermal copper systems, including possible IOCG-style mineralisation; and magnetic features and alteration in several corridors, consistent with mineralisation across a wider mineral district. The targets share a similar geological setting to several major operating and historic deposits that will be familiar to investors: Tara, Navan, Ireland (Boliden): carbonate-hosted lead-zinc (Irish-type /MVT); one of Europe's largest zinc mines. Kamoa-Kakula, DRC (Ivanhoe Mines, TSX: IVN): a giant sediment-hosted copper deposit of the Central African Copperbelt. Tsumeb, northern Namibia: historic copper-lead-zinc-silver mine; one of the world's premier carbonate-hosted polymetallic deposits. Olympic Dam, South Australia (BHP): a globally significant IOCG deposit; among the largest copper deposits in the world. These references are provided for geological context only, to illustrate the deposit styles being targeted; no inference is drawn or implied as to the scale of any mineralisation that may be present on the Company's licences. Announcement • Apr 20
Botswana Minerals plc Provides an Update on Its AI Driven Exploration Programme over Licences 458 and 459 in Ngamiland, North West Botswana Botswana Minerals PLC provided an update on its AI driven exploration programme over Licences 458 and 459 in Ngamiland, north west Botswana. These licences are part of the Company's 7,074 km² land holding in the north eastern Damara Belt, a region known for its potential to host copper and other important minerals. The Company is progressing well with its fully funded programme, which aims to identify and rank the most promising exploration targets and identify the best copper prospect for drilling. A copper anomaly stretching approximately 9.5 km has been identified east of a major fault. A silver anomaly corridor of around 20 km has been mapped across a key fault zone, A core zone of lead-zinc mineralisation, about 2.4 km long, has been identified within a larger trend to the west, Several possible deposit types have been recognised, including Irish type (MVT), carbonate replacement, hydrothermal, and potential skarn systems. The next stage of work will include more detailed magnetic and gravity data analysis, additional geochemical testing, integration of hyperspectral satellite data, and a full review of historical drilling records. AI assisted analysis will be used to strengthen the geological interpretation. Results from Phase 1 are helping the Company move from a broad regional view to more clearly defined targets. Current work suggests there may be two separate mineralised zones: A structurally controlled copper-silver trend linked to a major fault, A western area more prospective for lead and zinc. At this stage, there are two possible explanations for the mineralisation: either it comes from one large system with different metals forming in zones, or from two separate but overlapping systems. Ongoing analysis is helping to refine these models and prioritise the best targets for follow-up work.