Company News: Discovery Metals
Updated: 01 Nov 2010
• A near term copper producer: early 2012 production
• Focused on Botswana: attractive mining country
• Actively exploring and developing a new copper province: growth story
• Meeting its planned project milestones: consistent performance
• Delivering excellent share price growth
Southern African focused base metal project development company
• ASX (DML), BSE (DML) & AIM (DME) listed
Mineral Resources & Ore Reserves in Botswana:
• Boseto Copper Project Mineral Resource – 102.8 Mt @ 1.4% Cu and 17.3 g/t Ag containing 1.4 Mt copper and 57 Moz silver
• Boseto Copper Project Ore Reserve – 21.4Mt @ 1.4%Cu + 18.2 g/t Ag
• Dikoloti Nickel - 4.1Mt @ 0.7% Ni, 0.5% Cu & 1.2 g/t PGE
Focus is the development of the Boseto Copper Project:
• 3Mtpa Bankable Feasibility Study completed July 2010
• Targeting production H1 2012
Business Category Exploration; Mining
Regions of Operation North Africa; Central and East Africa; Southern Africa; West Africa; Australasia
Exchange Ticker DML
Latest Press Releases
No results were found.
Most Recent Company News
- Zeta assays - 18 May 2012 12:42pm
Further drilling at Discovery Metals Ltd’s Zeta North East prospect in Botswana has intersected “broad zones” of copper-silver mineralisation within 7km of an existing open pit. Zeta North East is 11km from the concentrator at the Boseto project, due to begin output next month at 26,000t/y copper and 1Moz/y silver Read more... - Underground Boseto worthwhile for Discovery - 04 May 2012 2:31pm
The feasibility study for development of underground operations at Discovery Metals Ltd’s Boseto copper project in Botswana, at present an open-pit project, has confirmed the viability of the company’s proposals Read more... - NE Mango find - 13 Apr 2012 9:47am
Discovery Metals Ltd has intersected a second zone of mineralisation at the NE Mango prospect of its Boseto copper project in northwest Botswana Read more... - Zeta confirmation - 20 Jan 2012 12:43pm
Discovery Metals Ltd has completed further drilling at the Zeta North prospect within its Boseto copper project in Botswana, scheduled for initial production this year Read more... - Botswana: Held in high regard - 30 Sep 2011 11:48am
As diamond prices rise and the country’s economy grows, Botswana is boosting Africa’s drive for investment Read more... - Mango discovery - 30 Sep 2011 11:48am
Discovery Metals Ltd has intersected copper-silver mineralisation with initial exploration drilling at the Mango prospect in Botswana, within its Boseto copper project Read more... - Ophion prospect for DML - 29 Jul 2011 12:03pm
Brisbane-based Discovery Metals Ltd (DML) has reported the latest results from drilling on its wholly-owned prospecting licences in the Kalahari copper belt in north-western Botswana Read more... - Discovery adds funding for Boseto completion - 11 Feb 2011 11:09am
Discovery Metals Ltd has secured US$180 million in financing to complete development of the Boseto copper project in Botswana Read more... - Investor Seminar: Australia Day - Opportunity of proximity - 10 Dec 2010 11:28am
Eighteen companies made presentations at this year’s Australia Day Investor Seminar in London Read more... - Ophion find - 12 Nov 2010 11:03am
Discovery Metals Ltd has found a zone of copper mineralisation during initial drilling at the Ophion prospect, about 40km from its Boseto copper project in Botswana Read more...
Financial Information
Share Holders
Exchanges listed on ASX
Market Cap 77.63M
Shares Issued 194.08M
Brisbane Office
- Level 8
- 410 Queen Street
- Brisbane
- Queensland
- QLD 4000
- Australia
READ THE LATEST PRINT EDITION:
MJ 25/05/12
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