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Verity Resources Begins First-Pass Exploration at New Botswana Tenement
Mining & Resources

Verity Resources Begins First-Pass Exploration at New Botswana Tenement

Verity Resources kicks off first-pass soil sampling at Botswana PL123/2024, mapping for Cu-Ag-Au-Ni-Co in Limpopo Belt; maiden drill targets set.

Imelda Cotton
Imelda CottonResources Editor
· 1 min read min read
In this storyASX:VRL
In briefAt-a-glance3 takeaways
  • 01Verity kicks off soil sampling and mapping at PL123/2024, 903 km2.
  • 02~200 soil samples on 50 m lines; Cu-Ag-Au-Ni-Co targets.
  • 03Targets for geophysics and maiden drilling.

Verity Resources (ASX: VRL) has commenced a first-pass soil geochemical sampling and geological mapping program across its newly granted PL123/2024 tenement in south-east Botswana’s Limpopo Mobile Belt.

The program will look to systematically screen the 903-square-kilometre block for potential copper-silver-gold-nickel mineralisation.

It has been based on approximately 200 soil samples collected on lines oriented perpendicular to the regional northeast-southwest strike and spaced 50 metres apart.

Assays will target copper-silver-gold-nickel-cobalt and concurrent geological mapping will document lithological contacts, structural trends and alteration.

Selebi Mine Location

PL123/2024 forms part of Verity’s critical metals landholding across 2,868 sq km in one of Africa’s premier nickel-copper-cobalt districts.

The zone is hosted in Archaean metasediments analogous to the nearby historic Selebi copper-nickel mine owned by NexMetals Mining, for which the company received a US$150 million Letter of Interest from the Export-Import Bank of the US in July 2025.

For nearly 40 years from 1980, a total 26.6 million tonnes at 0.58% nickel and 1.03% copper was mined at Selebi Shaft, while 13.9Mt at 0.74% nickel and 0.66% copper was mined at Selebi North from 1990 to 2016.

The project now hosts an inferred 24.7Mt at 3.42% copper equivalent and an indicated 3Mt at 2.92% CuEq.

Botswana Exploration Strategy

Verity director Patrick Volpe said exploration aimed to prioritise targets for follow-up ground geophysics and maiden drill testing, with the company viewing PL123/2024 as a “new frontier” in the company’s Botswana exploration strategy.

“Botswana is fast-becoming a highly sought after critical metals jurisdiction, [and] the commencement of this program marks an important step in unlocking the exploration potential of PL123/2024,” Mr Volpe said.

“The Limpopo Mobile Belt is a world-class nickel-copper and critical metals district, and […] we have an opportunity to identify additional new prospects in a proven address where we have already made high grade copper-silver and nickel-copper discoveries.”

“This first-pass program will give us the geochemical and geological data needed to prioritise targets for ground geophysics and drilling.”

Verity’s Botswana portfolio also includes a 2015 inferred mineral resource at Maibele North of 2.4Mt at 0.72% nickel, 0.21% copper plus platinum group elements plus cobalt and gold, as well as a number of high-grade copper-silver discoveries at Airstrip and Dibete.

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Imelda Cotton
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Imelda Cotton

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