Golden Deeps Launches Major IP Survey to Unlock High-Grade Metals at Graceland

Exploration Momentum Builds at Graceland

Golden Deeps Ltd (ASX, GED) is advancing its critical metals exploration with the imminent start of a large-scale Induced Polarisation (IP) and Conductivity survey at the Graceland Prospect, situated within Namibia’s prolific Otavi Mountain Land. The survey, contracted to international geophysics specialist Terratec, is designed to map sulphide mineralisation from surface down to 300 metres depth across a 2-kilometre mineralised corridor.

This corridor includes a newly identified 100-metre-long gossan zone in the far western extension, where ongoing channel sampling has already returned outstanding rockchip grades, including up to 38.3% copper, 35.4% zinc, and 1,130 grams per tonne silver. These results underscore the prospect’s potential to host high-grade polymetallic sulphide deposits reminiscent of the world-class Tsumeb Mine, located just 20 kilometres north.

Strategic Survey to Define Drilling Targets

The IP survey aims to delineate both near-surface and deeper sulphide targets, enabling Golden Deeps to refine drilling plans. Multiple drilling options are under consideration, targeting both shallow zones beneath high-grade gossans and deeper anomalies identified by the geophysical data. Site visits by drilling contractors have already assessed logistics and access, positioning the company to rapidly progress to drill testing once survey results are received.

Golden Deeps CEO Jon Dugdale highlighted the significance of the survey, stating, "Securing Terratec’s expertise allows us to aggressively explore this outstanding ‘Tsumeb Type’ prospect. The combination of spectacular surface grades and advanced geophysical targeting sets the stage for a potential breakthrough discovery of critical metals including copper, silver, zinc, lead, and germanium." He also noted the advantage of nearby processing infrastructure at Kombat and Tsumeb, which could accelerate development timelines.

Context Within Otavi Mountain Land Critical Metals Projects

The Graceland Prospect forms part of Golden Deeps’ recently acquired Central Otavi Project, which complements its broader portfolio of critical metals assets in the Otavi Mountain Land. This region is renowned for high-grade polymetallic deposits, historically producing significant quantities of copper, lead, zinc, silver, and germanium. Golden Deeps holds six Exclusive Prospecting Licences covering over 440 square kilometres, with several advanced projects including vanadium, gallium, and silver-rich deposits.

With channel sampling results pending and the IP survey set to deliver data within four to six weeks, the company is poised to define precise drilling targets that could unlock substantial resource growth. The combination of geological setting, historical artisanal workings, and modern exploration techniques positions Golden Deeps as a compelling player in the critical metals space.