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Midas Minerals Accelerates Namibia Copper Ambitions with Otavi Acquisition
9:42am on Monday 22nd of December, 2025 AEDT
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Midas Minerals Accelerates Namibia Copper Ambitions with Otavi Acquisition
9:42am on Monday 22nd of December, 2025 AEDT
Key Points
Acquisition of Otavi Copper Project finalized with all licenses and approvals secured
Drilling underway at T-13 and Spaatzu prospects; Deblin drilling planned for early 2026
Strong cash position of approximately $15.3 million to support aggressive exploration
South Otavi Project exploration also progressing with initial drilling results expected soon
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