Leviathan Metals provides update on its diamond drilling program at the Central Project, Kalahari Copper Belt, Botswana
Leviathan confirms stratigraphy and structure at Central, setting the stage for assays and step-out holes at its project.
Leviathan Metals Corp. (LVX) has completed 14 diamond drill holes totaling approximately 3,600 meters at its Central Project in Botswana. The drilling confirmed the target KCB stratigraphy, specifically the DKF-NPF contact, in 12 of the 14 holes. Visual copper sulphides, including chalcopyrite, bornite, and chalcocite, were observed in eight holes over intervals of up to 10 meters or more.
The program also confirmed the "Hyena Hills dome" structure, highlighting a steeply dipping north-western limb characterized by veining, brecciation, and alteration as a key structural target. Core cutting, sampling, and laboratory analysis are currently ongoing, with assay results pending. Leviathan Metals plans to conduct step-out drilling to target zones of greatest interest, specifically on the "nose" area and both limbs.
Leviathan Metals Corp. (LVX) released an update that validates its geological model and structural targets, though the announcement lacks assay data, which remains the primary valuation driver for exploration-stage companies. While visual mineralization and stratigraphic confirmation are positive indicators, these findings were expected given the targeted nature of the program. The news is considered incremental and routine, serving as a necessary precursor to more market-moving assay results. The update indicates no change to the company’s financial outlook, capital needs, or operational milestones.
Leviathan Metals Corp. (LVX) is a pre-revenue junior explorer focused on copper, uranium, and polymetallic deposits in mining-friendly jurisdictions including Botswana, Bosnia, and Australia. Its flagship asset is the Central Project on the Kalahari Copper Belt (KCB) in Botswana, which sits immediately south of MMG's Khoemacau mine and hosts the Hyena Hills dome structure. The geological model targets sediment-hosted copper at the DKF-NPF contact.
The company also holds the Foca project in Bosnia, which has yielded high-grade polymetallic trenching results, and the Serule uranium project adjacent to Lotus Resources' Letlhakane project. Additionally, Leviathan Metals recently sold its Australian Timor gold project.