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Golden Deeps Limited ( (AU:GED) ) has shared an update.
Golden Deeps reported very high-grade drilling results from its Graceland critical metals prospect in Namibia, confirming multiple zones of copper, silver, zinc, lead, germanium and antimony mineralisation beneath the Gossan 1 and Gossan 1 East outcrops. Initial diamond drilling returned standout intersections, including copper equivalent grades exceeding 40%, underscoring the potential for Tsumeb-style ore bodies within the Central Otavi Project.
Complementing these results, 3D modelling of induced polarisation and resistivity data has outlined three strong sulphide targets, two extending down plunge from the known gossan zones and a third large, open-ended anomaly to the east. Golden Deeps plans deeper drilling of these high-priority targets once site access and contractors are secured after the wet season, while shallow drilling and geochemical sampling continue, positioning the company for a potentially significant critical metals discovery in a proven mineral belt.
More about Golden Deeps Limited
Golden Deeps Limited is an ASX-listed exploration company focused on critical metals in the Otavi Mountain Land of northern Namibia. The company is targeting Tsumeb-style polymetallic deposits, with a primary focus on high-grade copper, silver, zinc, lead, germanium and antimony at its Central Otavi Critical Metals Project, including the Graceland prospect.
Average Trading Volume: 465,297
Technical Sentiment Signal: Sell
Current Market Cap: A$12.31M
See more data about GED stock on TipRanks’ Stock Analysis page.