Copper Discoveries Boost Kaoko and Pivotal Stocks
Kaoko Metals has discovered multiple copper mineralization in its first drill holes at Chalkos in Namibia, sending its stock price soaring by 145% to $1.80.
The company's managing director Gerard O'Donovan said the discovery is a highly encouraging start to the project and provides early evidence for a shallow, broad, multi-zone copper mineralised system.
Pivotal Metals also made headlines after reporting improved copper recoveries of >90% in its Horden Lake project in Canada, with strong nickel and precious metal credits.