By: OrePulse

ASX-listed Sultan Resources has applied for a new exploration license covering 171.2 square kilometers in central Namibia, aiming to test the ground for copper and gold mineralization in a stretch of the Damara Orogen that the company says has received little modern exploration.

The application, covering license area EPL11820 and named the Kaalkop project, lies about five kilometers south of the town of Kalkfeld. Sultan said it secured the ground without handing over new shares or other equity as payment, leaving its existing capital structure unchanged.

The license area contains granite-carbonate contacts, deformed metasedimentary sequences and several major regional structures — geological features the company links to copper and gold mineralization documented elsewhere along the same belt. Sultan said gold-focused exploration has not previously been documented anywhere within the license area.

The move follows a run of discoveries by other companies active on the same stretch of the Damara Belt. Nearby, Kaoko Metals has reported high-grade copper rock-chip samples of up to 4.9% copper at its Karibib project. WIA Gold's adjacent Kokoseb project has outlined a mineral resource of 113 million tonnes grading 1 gram per tonne gold, for a total of 3.78 million ounces of contained gold.

The wider Central Damara region also hosts the Eureka Gold project, now owned by Shanjin International Gold, along with the Twin Hills, Ondundu and Navachab deposits, and has attracted interest from other explorers including Osino Gold. The cluster of nearby projects has helped fuel renewed junior-explorer interest in a belt that has historically seen less drilling than other parts of Namibia.

Sultan said it expects to receive the license next quarter. Once approved, the company plans to begin compiling desktop data and conducting reconnaissance mapping across the license area, followed by rock-chip sampling in priority zones and soil geochemistry surveys to define future drill targets. The work program is intended to establish a first-pass picture of the Kaalkop ground before any decision on drilling.

If granted, the Kaalkop license would give Sultan a foothold in one of Namibia's more actively contested exploration corridors, positioning the company alongside a cluster of ASX- and other exchange-listed juniors now working the Damara Belt for copper and gold. The company has not yet set a drilling timeline, and its near-term focus is limited to the mapping, sampling, and geochemical work outlined for the license's first phase.