Australian Mining – BHP to invest in new Tier 1 project

Australian Mining – BHP to invest in new Tier 1 project

BHP is teaming up with emerging metals explorer Cobre to explore new Tier 1 copper-silver deposits in Botswana.

The Big Australian is in talks for a earn-in joint venture over Cobre’s Kitlanya West and East copper projects, located on the northern and southern basin margins of the Kalahari copper belt.

The proposed transaction follows on from Cobre’s participation in the BHP Xplor program, which also provided funding for a recently completed seismic survey at the Kitlanya West project.

Article link:   https://www.australianmining.com.au/bhp-to-invest-in-new-tier-1-project/