“The drilling program confirmed that significant sulfide mineralization is present in the area,” said Arcadia Minerals CEO, Philip Le Roux. “We have meaningful information to guide our exploration efforts over the Gamikaub prospect and elsewhere over the 20-km metasedimentary structure.”
This is the second such announcement from Arcadia Minerals in the last year, with the explorer having confirmed positive exploratory lithium findings from holdings in the Madube Pan this past February. Arcadia Minerals is currently engaged in four prospect holdings across Namibia. While focused on industrial metals harvesting, the company’s prospects also contain significant gold potential, as confirmed by this week’s announcement.