Tillkännagivande • 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. Tillkännagivande • 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. New Risk • Mar 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.98m market cap, or US$5.26m). Tillkännagivande • Mar 20
Botswana Minerals plc has filed a Follow-on Equity Offering in the amount of £1.15 million. Botswana Minerals plc has filed a Follow-on Equity Offering in the amount of £1.15 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 460,000,000
Price\Range: £0.0025
Transaction Features: Subsequent Direct Listing New Risk • Mar 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£263k free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£2.52m market cap, or US$3.33m). 