Serval Resources Renews Four Exploration Licences in Botswana Through 2028
Copper and future-metals explorer Serval Resources has secured the renewal of all its active exploration licences in Botswana, allowing the company to continue advancing its exploration portfolio in the prospective Kalahari Copper Belt.
The latest renewals cover PL 061/2021, PL 062/2021, PL 2473/2023 and PL 2474/2023, with the licences now valid until 30 September 2028.
Of particular importance is PL 2474/2023, which forms part of the Sweet Thorn Pan prospect, identified by Serval as its leading exploration priority in the Kalahari Copper Belt.
At the same time, the company has relinquished PL 2472/2023, a lower-priority licence, as part of an effort to focus its exploration activities on its most prospective ground.
Focus shifts to priority targets
Following the renewals and relinquishment, Serval’s exploration footprint in the Kalahari Copper Belt now covers approximately 990.93 km², compared with about 1,283 km² previously.
Serval CEO Robin Birchall said maintaining valid exploration licences is an important part of the company’s exploration strategy and regulatory compliance.
He highlighted the renewal of PL 2474 as particularly significant because historical exploration has identified the same mineralised contact within the licence area that extends towards the nearby MMG Khoemacau copper operation.
The renewal therefore allows Serval to retain access to the prospective areas originally identified within the Sweet Thorn Pan prospect.
Advancing copper exploration
The Kalahari Copper Belt is considered one of the most prospective regions in Africa for sediment-hosted copper discoveries, with Serval continuing to use geological mapping, geophysics and soil sampling to refine targets ahead of drilling.
The company has been conducting exploration across its Botswana portfolio as part of a broader strategy to identify copper and other future-metal opportunities.
Maintaining the renewed licences gives Serval additional time to advance exploration work and assess the scale and potential of the mineralised systems within its retained ground.
The company’s streamlined land position also allows it to concentrate capital and technical resources on areas considered to offer the strongest exploration potential.
With Sweet Thorn Pan remaining a key priority, the renewed licences provide Serval with a secure exploration platform in the Kalahari Copper Belt as it works towards defining targets for further investigation and potential drilling.
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