Latest Kaoko Metals (ASX:KAO) News

Kaoko Metals has expanded drilling at its Chalkos Copper-Silver Project to at least 15,000 metres after encouraging early observations at Otniel and a new surface copper discovery at Donkey Hill East. A second rig is now drilling Donkey Hill, while assays from the first two Otniel holes are expected within two to three weeks.

Rare earths, scandium and biotech stocks led the week’s gains, while a rights issue sent Green & Gold Minerals sharply lower. Large capital raisings, mine funding and takeover activity kept resources at the centre of investor attention.

Critical minerals led the market, with Australasian Metals doubling after taking an option over West African lithium projects. Rare earth technology, scandium finance and gold drilling also drew attention, but many developers fell as investors questioned funding and delivery.

Kaoko Metals secures $20 million from institutional investors to ramp up diamond drilling and exploration across its Namibian copper-silver and gold-copper-tungsten projects.

Kaoko Metals has reported broad zones of visible copper mineralisation in the first two diamond drill holes at its Chalkos Copper-Silver Project in Namibia, with assays pending in the coming weeks.

Kaoko Metals has kicked off its first-ever diamond drilling campaign at the Chalkos Copper-Silver Project in Namibia, targeting key prospects Donkey Hill and Otniel with a 2,000-3,000 metre program designed to test mineralisation continuity and structural controls.

Carnaby led the market after Evolution Mining agreed to a A$213 million takeover. Coal and lithium names fell despite major production and funding news.
Across materials, investors rewarded deals and cash flow, but punished large capital needs and weak price follow-through.

Kaoko Metals has rapidly transitioned from IPO to active exploration in Namibia, securing key project acquisitions and fast-tracking maiden diamond drilling at its Chalkos Copper-Silver Project while confirming high-grade assays at Karibib.

Wild swings hit the ASX this week, with Janus Electric doubling, Aura sliding almost 30%, and TechGen jumping more than 22%. Big news kept landing, but many stocks still fell as early gains faded and traders locked in profits.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

Kaoko Metals has verified significant copper, gold, and tungsten mineralisation across its Karibib Project in Namibia, with assays revealing up to 4.9% copper and 0.68% tungsten. A systematic geochemical program is underway to refine drill targets, while maiden drilling at the Chalkos Copper Project is imminent.

Kaoko Metals has unveiled a new copper discovery at its Chalkos Project in Namibia, significantly enlarging the mineralised surface area between existing prospects and setting the stage for imminent drilling.