High-Grade Germanium and Polymetallic Potential Raise Stakes for Golden Deeps

Exceptional Surface Sampling Results

Golden Deeps Ltd (ASX – GED) has announced a breakthrough in its exploration efforts at the Graceland Prospect, part of the Central Otavi Project in north-eastern Namibia. Recent rockchip sampling has delivered spectacular grades, including copper concentrations exceeding 50%, silver levels reaching nearly 7,800 grams per tonne, and notable quantities of zinc, lead, and germanium. These results come from newly identified gossan zones within the project area, highlighting the prospect’s potential to host rich polymetallic deposits.

Expanding the Mineralised Footprint

The exploration team has effectively doubled the strike length of the mineralised corridor to approximately 2 kilometres by 1 kilometre through systematic soil and rockchip sampling. This expanded footprint reveals a large, continuous zone of highly anomalous copper, silver, zinc, lead, and germanium mineralisation. The presence of germanium, a critical metal used in semiconductors and photovoltaic cells, is particularly significant given its restricted supply and high market value.

Next Steps – Trenching, Geophysics, and Drilling

Golden Deeps has completed trenching and channel sampling across key gossan and sulphide outcrops to better understand the thickness and grade distribution of the mineralisation. The company is preparing to undertake detailed Induced Polarisation (IP) and resistivity geophysical surveys to detect subsurface sulphide bodies and refine drill targets. Suitable drilling rigs have been identified locally, with plans to commence drilling once geophysical data and channel sampling results are fully analysed.

Strategic Importance of the Discovery

CEO Jon Dugdale emphasised the strategic value of the discovery, noting the high grades of copper, silver, and especially germanium, which commands a premium price due to its critical role in high-technology applications and limited global supply. The mineralisation style and scale bear resemblance to the nearby Tsumeb deposit, a world-class polymetallic mine known for its rich copper, lead, zinc, silver, and germanium resources. This comparison underscores the potential significance of the Graceland Prospect within the Otavi Mountain Land metallogenic belt.

Looking Ahead

With the groundwork laid through extensive surface sampling and geophysical planning, Golden Deeps is poised to advance rapidly into drilling and resource definition phases. The coming months will be critical in confirming the continuity and economic viability of these high-grade mineralised zones, potentially positioning the company as a key player in the supply of base and critical metals essential for modern technologies.