9 November 2026
London-listed Aterian has announced that drone magnetic surveying and 3D geophysical interpretation have defined four priority copper/silver target areas across an about 20 km prospective corridor at prospecting licence PL199/2025 in Botswana’s Kalahari Copper Belt.
The work programme is fully funded through the company’s AI joint venture with Lithosquare.
3D modelling identified multiple potential local fold targets at modelled depths of about 10 m to 200 m within rocks interpreted to belong to the D’Kar Formation. This formation hosts several major copper/silver deposits elsewhere in the Kalahari Copper Belt.
The targets occur along the interpreted margins of a regional Ngwako Pan Formation anticline extending for about 20 km through the licence. Multiple features consistent with the Kalahari Copper Belt mineralisation model have been identified. Potential shallow structural targets have been interpreted near the prospective Ngwako Pan-D’Kar redox contact. Follow-up induced polarisation (IP) and resistivity surveys are planned to refine targets for drilling.
“PL199 is emerging as a compelling copper/silver exploration opportunity for Aterian. Four priority target areas across a 20 km prospective corridor give us multiple opportunities to pursue a discovery in a belt already recognised for major copper/silver deposits,” says executive chairpersonCharles Bray.
“A discovery of sufficient scale and grade in the Kalahari Copper Belt could create significant value for Aterian shareholders. At PL199, we have identified a combination of interpreted prospective host rocks, fold structures and potential fluid pathways that give us a clear technical basis to pursue that opportunity. The potentially shallow position of several structural targets adds to the attraction of the next phase of exploration,” he adds.
Bray says the partnership with Lithosquare is helping the company convert this geological potential into a focused exploration programme.
“We will use the planned IP and resistivity surveys to prioritise the strongest targets for drilling.
Mineralisation has yet to be established, but these results give us a clearer route to testing a potentially high-value copper/silver opportunity within our Botswana portfolio,” he explains.
By: Tasneem Bulbulia
Source: https://shorturl.at/5vVIO
