Latest Kaoko Metals (ASX:KAO) News

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.