RE: BHP eyes copper exploration in Zambia22 Apr 2026 14:30
Sandfire Resources (ASX: SFR) is currently focused on expanding its Motheo Copper Mine (T3/A4) and has indicated that a maiden Ore Reserve estimate for its new A1 deposit—part of the wider Kalahari Copper Belt (KCB) exploration—is targeted for the June 2026 quarter.
Mining Review Africa
Mining Review Africa
+1
Key points regarding JORC estimates and exploration in the Kalahari include:
A1 Deposit Update: Sandfire is targeting the June 2026 quarter for a maiden Ore Reserve estimate, following up on preliminary metallurgical tests and resource estimation.
Regional Exploration: A cumulative 11.4km of regional drilling was completed in H1 FY26 (ending Dec 2025) on its 13,052
of prospecting licenses, which is designed to convert "inferred" resources into mineable reserves.
Expansion Focus: The focus is on finding near-mine satellite deposits (like A1 and formerly A4) to feed the expanded 5.2Mtpa Motheo processing plant.
Sandfire
Sandfire
+4
While the A1 deposit has a specific target date, additional JORC estimates on other, newer Kalahari exploration licenses are typically released in line with their quarterly and half-year exploration updates, which can be viewed in the Sandfire ASX Announcements section.
Are our licenses included in this ?
Yes colin previously said you can't pester a major, well its been long enough, time to pester a little bit )