Kaoko Metals Debuts on ASX After Strong IPO. The mining explorer commenced trading on the Australian Securities Exchange following a $6.5 million initial public offering, securing approximately $6.8 million in cash to fund operations. The company holds two drill-ready copper projects in Namibia: Chalkos in the Kaoko Copper Belt and Karibib in the Damara Belt. Chalkos has delivered impressive surface grades, including up to 69.6 percent copper and 2,030 grams per tonne silver across 20 kilometres of identified mineralised strike. Test work shows positive metallurgical results with acid leach recovery rates reaching 89 percent. Karibib offers multi-commodity exposure with copper, gold, and tungsten mineralisation identified across a 20-kilometre structural corridor.
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