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Noronex and South32 Accelerate Copper Exploration in Botswana with A$5M Deal

9:30am on Monday 20th of October, 2025 AEDT Mining
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Noronex and South32 Accelerate Copper Exploration in Botswana with A$5M Deal

9:30am on Monday 20th of October, 2025 AEDT
Key Points
  • South32 to acquire 60% interest in Cgae Cgae Project via A$5M exploration spend over five years
  • Noronex to manage exploration with a 3,000m RC drilling program starting late October
  • Expansion of strategic alliance covering copper projects in Botswana and Namibia
  • Combined quarterly funding of A$1 million committed for FY26 exploration activities
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