About Golden deeps limited
Golden Deeps Limited: Exploring the Riches of Namibia's Otavi Mountain Land Copper District
Golden Deeps Limited (ASX:GED) is a rapidly emerging explorer-developer that has set its sights on the world-class Otavi Mountain Land (Otavi) Copper District of Namibia. With a focus on high-grade battery-metals deposits, including vanadium and copper, as well as lead, zinc and silver, Golden Deeps is poised to become a major player in this exciting region.
The Otavi Copper District is located in northern Namibia and has been known for its rich mineral deposits since the early 1900s. However, despite its potential, much of the area remains underexplored due to limited modern exploration. This presents an excellent opportunity for Golden Deeps to capitalize on this untapped potential.
Golden Deeps' flagship project is the Abenab Vanadium Project which covers an area of approximately 1,500 hectares within the Otavi Copper District. The project boasts some of the highest-grade vanadium deposits in the world with grades averaging around 2% V2O5. In addition to vanadium, there are also significant copper and zinc resources at Abenab.
Another key asset for Golden Deeps is their Berg Aukas Zinc-Lead-Silver Project which covers an area of approximately 3,000 hectares within the same district. The Berg Aukas mine was one of Namibia's most productive mines during its operation from 1971-1978 before being closed due to falling metal prices. However, recent exploration by Golden Deeps has revealed significant remaining resources at Berg Aukas with grades averaging around 14% Zn+Pb.
Golden Deep's third project in Namibia is their Khusib Springs Copper Project which covers an area of approximately 7 square kilometers within close proximity to both Abenab and Berg Aukas. The project has significant copper resources with grades averaging around 2% Cu.
Golden Deeps' management team is led by experienced mining professionals with a proven track record of success in the industry. The company's CEO, Victor Rajasooriar, has over 30 years of experience in the mining sector and has been involved in several successful projects throughout his career.
In addition to their Namibian projects, Golden Deeps also holds exploration licenses in Australia for gold and base metals. These assets provide additional upside potential for the company and diversify their portfolio.
Overall, Golden Deeps Limited is an exciting emerging explorer-developer that is well-positioned to capitalize on the untapped potential of Namibia's Otavi Copper District. With high-grade vanadium, copper, zinc and lead resources across multiple projects, as well as a seasoned management team with a proven track record of success, Golden Deeps is poised for growth and success in the years ahead.