Serval Resources Launches 2026 Exploration Programme in Botswana’s Kalahari Copper Belt
Serval Begins Ground Geophysics on KCL Licences in Kalahari Copper Belt Following Conditional Acquisition Deal
Copper and future metals developer Serval Resources has commenced its first exploration work programme of 2026 on Botswana assets owned by Kalahari Copper Limited (KCL), following KCL’s approval.
The licences are located in the Kalahari Copper Belt (KCB), widely regarded as one of the most prospective regions globally for sediment-hosted copper discoveries.
Conditional Acquisition of KCL
As previously announced on 9 February, Serval has entered into a conditional share purchase agreement to acquire 100% of KCL. The launch of exploration activities signals early operational momentum ahead of completion of the proposed transaction.
Licence PL061 is held by Dalsu Investment, a wholly owned subsidiary of KCL. PL082 is also held by Dalsu.
Ground Magnetic Survey Targets Key Geological Contact
The 2026 programme will include a ground magnetic geophysical survey over PL061. The objective is to evaluate the regionally mapped contact between the Ngwako Pan Formation (oxidised sandstone) and the D’Kar Formation (reduced shale).
This redox boundary is considered the primary exploration target for significant sediment-hosted copper-silver mineralisation in the KCB, as mineralisation in the belt is typically controlled by reduction-oxidation traps along this contact.
The programme builds on a geophysical survey completed in the fourth quarter of 2025 on PL082, also undertaken with KCL’s approval. Results from the PL082 survey are expected to be released once available.
Both PL061 and PL082 are located along strike from the Ngami Project operated by Australia-listed Cobre Limited, which has delineated a growing copper-silver resource using integrated geophysics, field mapping and drilling.
Management Commentary
Serval CEO Robin Birchall said the company was pleased to have mobilised quickly in the KCB, highlighting the field team’s engagement with local authorities and community representatives.
He noted that PL061 and PL082 are considered high-priority targets due to their structural position along strike from the Ngami Project.
The exploration model being applied mirrors that used at Ngami, combining geophysical techniques with systematic fieldwork and follow-up drilling.
With work now under way, Serval is positioning itself to advance exploration rapidly in one of Africa’s most active emerging copper districts, pending completion of its acquisition of KCL.
