Golden Deeps Expands Namibian Portfolio with Central Otavi Acquisition

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Golden Deeps Expands Namibian Portfolio with Central Otavi Acquisition

Golden Deeps Limited ( (AU:GED) ) just unveiled an announcement.

Golden Deeps Ltd has announced the acquisition of an 80% interest in the Central Otavi Critical Metals Project in Namibia, expanding its holdings to over 440 square kilometers. This acquisition enhances the company’s portfolio with additional zinc-lead-silver mineral resources and advanced prospects, including multiple copper target areas with potential for gallium and germanium. The company plans immediate exploration activities focusing on copper-lead-zinc-silver targets, aiming to expand and upgrade mineral resources across its combined projects.

More about Golden Deeps Limited

Golden Deeps Ltd is a company involved in the exploration and development of critical metals, focusing on zinc, lead, silver, copper, gallium, and germanium. The company operates primarily in Namibia, with a significant presence in the Otavi Mountain Land Metallogenic Belt, known for its rich deposits of various metals.

YTD Price Performance: -5.00%

Average Trading Volume: 192,585

Technical Sentiment Signal: Buy

Current Market Cap: A$3M

For detailed information about GED stock, go to TipRanks’ Stock Analysis page.

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