Up to 42.7% Copper and 1,353 g/t Silver Confirmed at Graceland by Golden Deeps

Exceptional Surface Sampling Highlights Graceland’s Potential

Golden Deeps Ltd (ASX – GED) has released a compelling update from its Graceland Prospect, located in Namibia’s renowned Otavi Mountain Land. The latest channel sampling results reveal spectacular grades, including up to 42.7% copper, 1,353 grams per tonne silver, and 201 grams per tonne germanium within surface gossan zones. These findings not only underscore the prospect’s rich polymetallic nature but also confirm the presence of significant thicknesses of high-grade mineralisation.

A Geological Signature Mirroring a World-Class Deposit

The mineralisation at Graceland exhibits a geochemical signature strikingly similar to the nearby Tsumeb mine, a world-class deposit that historically produced 27 million tonnes at 4.3% copper, 10% lead, and 95 g/t silver. Like Tsumeb, Graceland’s mineralisation is structurally controlled, hosted within brecciated carbonate rocks, and enriched with critical metals such as germanium and antimony. This parallel raises expectations for substantial subsurface deposits beneath the modest surface expressions.

Expanding the Exploration Footprint with Geophysics and Drilling Plans

Golden Deeps is actively conducting an Induced Polarisation (IP) and Resistivity survey across the key gossan zones to detect both near-surface and deeper sulphide targets reminiscent of Tsumeb’s ore bodies. The survey aims to delineate high-grade copper, silver, zinc, lead, and germanium sulphide deposits down to 300 meters below surface. Concurrently, the company has identified suitable drilling contractors and is in the process of obtaining indicative quotes to initiate a targeted drilling program once geophysical results are modelled.

Strategic Importance Amid Global Critical Metals Demand

The metals identified at Graceland; copper, silver, germanium, and antimony; are increasingly critical to renewable energy technologies, semiconductors, and advanced electronics. With recent export restrictions from China on key critical minerals, Golden Deeps’ Namibian assets gain strategic relevance as alternative supply sources. The company’s extensive tenement holdings in the Otavi Mountain Land, including other advanced projects, position it well to capitalize on rising global demand.

Looking Ahead – From Surface Sampling to Resource Definition

While the current results stem from surface channel sampling and geophysical surveys, they provide a robust foundation for the next phase of exploration. The integration of 3D geological modelling, soil geochemistry, and IP survey data will refine drill targets, aiming to unlock high-grade sulphide deposits at depth. Investors and industry watchers will be keenly awaiting the drilling outcomes that could materially enhance Golden Deeps’ resource base and market profile.