Erongo Region, Namibia ·
Quintel has completed the first phase of its 2026 drilling programme at the Erongo copper project in Namibia. Nineteen diamond holes for 6,840 metres were drilled along the Otjiwa corridor, which is now traced over 2.4 kilometres of strike and remains open to the north-west and south-east.
Eleven holes intersected copper mineralisation on the interpreted redox boundary. Eight did not, of which five ended in the target stratigraphy without mineralisation and three failed to reach the target horizon due to ground conditions and will be re-drilled.
Significant intercepts
| Hole | From (m) | Interval (m) | Cu (%) |
|---|---|---|---|
| OTJ-026 | 184.0 | 28.0 | 1.32 |
| OTJ-029 | 211.5 | 19.4 | 1.08 |
| OTJ-031 | 166.2 | 34.6 | 0.94 |
| OTJ-034 | 198.0 | 11.2 | 1.61 |
| OTJ-038 | 240.8 | 22.0 | 0.87 |
A full table of all nineteen holes, including the eight holes with no significant intercept and all assay intervals, is available in the technical appendix on the reports page.
The programme is testing a sediment-hosted stratiform copper model in the Damara Supergroup beneath 40 to 120 metres of Kalahari sand cover. Cumulative drilling on the licences now stands at 40,840 metres.
“The corridor is real and it is continuous, which is more than most greenfield programmes can say at this stage,” said Dr Ana Fontes, Chief Technical Officer. “It is also, so far, a moderate-grade intersection on a wide-spaced grid, and there is a long distance between that and a mine. We will drill it out and publish whatever the drill tells us.”
A further 14,000 metres is planned for the second half of 2026. A maiden mineral resource estimate remains targeted for 2027, subject to drill density and grade continuity supporting one.
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About QuintelCorp
Quintel Corporation Limited is a privately held mining group founded in 1996. It operates seven mines and two development projects across nine African countries, producing copper, gold, silver, manganese and bauxite, and employs 6,400 people directly with a further 3,100 contractors.
Forward-looking statements
This release contains forward-looking statements, including production guidance, project schedules, cost estimates and target dates. Forward-looking statements are subject to risks and uncertainties, including commodity price movements, operational performance, geological outcomes, regulatory decisions and logistics availability, and actual results may differ materially. Mineral resource and ore reserve figures are reported in accordance with the JORC Code (2012), or the SAMREC Code (2016) for South African assets, and are reviewed annually by an independent Competent Person.