Serval Resources Plc (LSE:SRVL) has renewed all of its exploration licences in Botswana’s Kalahari Copper Belt, with key permits now extending through late 2028.
Following the relinquishment of one lower-priority permit, the company’s updated Botswana exploration portfolio covers approximately 990.93 km². The holdings include PL 2474/2023, which contains the Sweet Thorn Pan prospect and is identified by Serval as a priority licence.
The renewals maintain the company’s access to areas containing historically identified mineralised contacts near MMG’s Khoemacau operations.
Serval said the licence renewals reflect its compliance with applicable regulatory requirements in Botswana and allow exploration activities across the retained portfolio to continue.
The company has also renamed its Botswana subsidiary and is progressing the transfer of an additional licence as part of changes to its local corporate and asset structure.
More about Serval Resources Plc
Serval Resources Plc is an AIM-listed exploration company focused on copper and associated future metals, with exploration and development assets in Namibia, Botswana and Côte d’Ivoire.
In Botswana, the company holds multiple exploration licences in the Kalahari Copper Belt. Its principal licences are held under its Serval Resources Botswana subsidiary, with the company maintaining full ownership of its key permits.
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