# Assay Results confirm High-Grade Copper-Silver Mineralisation across Multiple Prospects at Serval's Kaoko Basin Project in Namibia

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c

Original source: https://www.londonstockexchange.com/news-article/SRVL/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-prospects-at-serval-s-/17823524

Publisher: lse

Original announcement: 2026-10-07T05:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-07T08:20:29.760Z

Atlas analysis updated: 2026-10-07T08:20:29.760Z

- Company: Serval Resources Plc

- Ticker: SRVL

- Exchange: LSE

- Region: Namibia

- Primary commodity: Copper

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-10-07 08:20:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Serval Resources Plc announced high-grade copper-silver assay results from surface grab samples at its Kaoko Basin Project in Namibia. The results, including a best individual sample of 37.8% copper and 573 g/t silver, confirmed mineralization across multiple prospects and delineated a new prospect, Okamborombonga. These findings validate previous field portable X-ray fluorescence analyser readings and will be used to prioritize targets for a maiden diamond drilling program planned for Q4 2026.

Reasoning: Serval Resources announced highly positive surface assay results with exceptional copper and silver grades across multiple prospects, including a new discovery, which significantly de-risks and informs their upcoming maiden drill program. The detailed disclosure of metal equivalent assumptions and QP sign-off adds confidence, though the early-stage nature of surface samples and the 100% recovery assumption for Cu-Eq warrant some caution.

- Positive factor: High grades from surface samples

- Positive factor: Multiple prospects showing mineralization

- Positive factor: New prospect identified \(Okamborombonga\)

- Positive factor: Confirmed strike length of 5 km

- Positive factor: Results will inform maiden drill program

- Positive factor: QP/CP signed

- Positive factor: JORC compliant

- Negative factor: Results are from surface samples, not drill intercepts

- Negative factor: 100% metallurgical recovery and payability assumed for Cu-Eq calculation

Facts used in scoring: 48

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Mr. Luhann Theron, MSc \(Geology\), Member of the South African Council for Natural Scientific Professions \(SACNASP\), Senior Geologist for Lambda Tau, is a qualified person as defined under the JORC Code and the AIM Rules for Companies.

Evidence · text

> Mr. Luhann Theron, MSc \(Geology\), Member of the South African Council for Natural Scientific Professions \(SACNASP\), Senior Geologist for Lambda Tau. Mr Theron has 14 years’ experience in exploration for metals and minerals of this mineralisation type, style and geological setting and is a qualified person as defined under the JORC Code and the AIM Rules for Companies.

**JORC Compliant**

Polarity: positive

Story-specific tag

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The Qualified Person is defined under the JORC Code, indicating compliance with this reporting standard.

Evidence · text

> is a qualified person as defined under the JORC Code

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The sample K1384 returned 37.8% copper and 573 g/t silver \(45.49% copper equivalent\), which is exceptionally high for surface samples.

Evidence · table

> 37.80

Context: K1384

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Mineralisation in outcrop is confirmed to stretch over a strike length of approximately 5 km, indicating an extension of the known mineralized footprint.

Evidence · text

> Mineralisation in outcrop confirmed to stretch over a strike length of ca. 5 km

**New Prospect Identified**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The release announces the delineation of a new Cu mineralisation prospect named Okamborombonga.

Evidence · text

> Delineation of a new Cu mineralisation prospect, named Okamborombonga

**Exploration Drilling**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The results will be used to prioritize and refine drill targets ahead of the Company’s maiden diamond drilling programme, indicating an exploration-stage program.

Evidence · text

> Results will be used to prioritise and refine drill targets ahead of the Company’s maiden diamond drilling programme

## Extracted facts

Stored fact records: 48. Some facts used in scoring do not have a stored record.

## Drill Results (48)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-0)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 2.78
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 5.39
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average copper grade of 2.78% from surface samples at Omatapati is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 2.78

Context: Average of all 6 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-1)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 194.5
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average silver grade of 194.5 ppm from surface samples at Omatapati is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 194.5

Context: Average of all 6 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-2)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 5.29
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 11.57
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample W20409 returned an excellent copper grade of 5.29% and 11.57% Cu-Eq, indicating significant mineralization at Omatapati.

- Positive factor: Very high copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 5.29

Context: W20409

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-3)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 468
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample W20409 returned an excellent silver grade of 468.0 ppm, indicating significant mineralization at Omatapati.

- Positive factor: Very high silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 468.0

Context: W20409

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-4)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 4.78
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 9.6
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample W20408 returned a high copper grade of 4.78% and 9.60% Cu-Eq, indicating strong mineralization at Omatapati.

- Positive factor: High copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 4.78

Context: W20408

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-5)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 359
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample W20408 returned a high silver grade of 359.0 ppm, indicating strong mineralization at Omatapati.

- Positive factor: High silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 359.0

Context: W20408

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-6)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 5.59
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 9.06
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample W20406 returned an excellent copper grade of 5.59% and 9.06% Cu-Eq, indicating significant mineralization at Omatapati.

- Positive factor: Very high copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 5.59

Context: W20406

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-7)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 259
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Omatapati
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample W20406 returned a high silver grade of 259.0 ppm, indicating significant mineralization at Omatapati.

- Positive factor: High silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 259.0

Context: W20406

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-8)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 6.17
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 7.81
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average copper grade of 6.17% from surface samples at Otjozongombe West is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 6.17

Context: Average of all 15 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-9)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 122.9
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average silver grade of 122.9 ppm from surface samples at Otjozongombe West is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 122.9

Context: Average of all 15 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-10)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 37.8
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 45.49
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample K1384 returned an exceptional copper grade of 37.8% and 45.49% Cu-Eq, representing the best individual result and indicating bonanza-grade mineralization at Otjozongombe West.

- Positive factor: Exceptional copper grade for surface sample

- Positive factor: Exceptional copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 37.80

Context: K1384

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-11)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 573
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample K1384 returned an exceptional silver grade of 573.0 ppm, representing the best individual result and indicating bonanza-grade mineralization at Otjozongombe West.

- Positive factor: Exceptional silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 573.0

Context: K1384

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-12)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 13.15
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 14.55
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample K1379 returned an exceptional copper grade of 13.15% and 14.55% Cu-Eq, indicating very strong mineralization at Otjozongombe West.

- Positive factor: Exceptional copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 13.15

Context: K1379

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-13)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 104
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample K1379 returned a high silver grade of 104.0 ppm, indicating strong mineralization at Otjozongombe West.

- Positive factor: High silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 104.0

Context: K1379

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-14)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 4.5
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 9.8
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample K1381 returned a high copper grade of 4.50% and 9.80% Cu-Eq, indicating strong mineralization at Otjozongombe West.

- Positive factor: High copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 4.50

Context: K1381

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-15)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 395
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe West
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample K1381 returned a high silver grade of 395.0 ppm, indicating strong mineralization at Otjozongombe West.

- Positive factor: High silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 395.0

Context: K1381

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-16)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 6.6
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 7.53
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average copper grade of 6.60% from surface samples at Okozonduno is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 6.60

Context: Average of all 4 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-17)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 69.3
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average silver grade of 69.3 ppm from surface samples at Okozonduno is a good indicator of mineralization, supporting further exploration.

- Positive factor: Moderate average grade for surface samples

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 69.3

Context: Average of all 4 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-18)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 10.7
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 12.15
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2379 returned an exceptional copper grade of 10.70% and 12.15% Cu-Eq, indicating very strong mineralization at Okozonduno.

- Positive factor: Exceptional copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 10.70

Context: O2379

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-19)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 108
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2379 returned a high silver grade of 108.0 ppm, indicating strong mineralization at Okozonduno.

- Positive factor: High silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 108.0

Context: O2379

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-20)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 8.97
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 9.83
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2381 returned a high copper grade of 8.97% and 9.83% Cu-Eq, indicating strong mineralization at Okozonduno.

- Positive factor: High copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 8.97

Context: O2381

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-21)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 64
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2381 returned a moderate silver grade of 64.0 ppm, indicating mineralization at Okozonduno.

- Positive factor: Moderate silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 64.0

Context: O2381

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-22)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 3.96
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 4.89
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2382 returned a high copper grade of 3.96% and 4.89% Cu-Eq, indicating mineralization at Okozonduno.

- Positive factor: High copper grade for surface sample

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 3.96

Context: O2382

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-23)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 69
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okozonduno
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2382 returned a moderate silver grade of 69.0 ppm, indicating mineralization at Okozonduno.

- Positive factor: Moderate silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 69.0

Context: O2382

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-24)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 1.93
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 2.13
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average copper grade of 1.93% from surface samples at Otjozongombe East is a good indicator of mineralization, supporting further exploration.

- Positive factor: Good average grade for surface samples

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 1.93

Context: Average of all 18 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-25)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 14.3
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average silver grade of 14.3 ppm from surface samples at Otjozongombe East is a good indicator of mineralization, supporting further exploration.

- Positive factor: Moderate average grade for surface samples

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 14.3

Context: Average of all 18 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-26)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 5.21
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 5.48
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2369 returned an excellent copper grade of 5.21% and 5.48% Cu-Eq, indicating significant mineralization at Otjozongombe East.

- Positive factor: Very high copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 5.21

Context: O2369

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-27)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 20
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2369 returned a moderate silver grade of 20.0 ppm, indicating mineralization at Otjozongombe East.

- Positive factor: Moderate silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 20.0

Context: O2369

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-28)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 2.85
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 3.82
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2383 returned a high copper grade of 2.85% and 3.82% Cu-Eq, indicating mineralization at Otjozongombe East.

- Positive factor: High copper grade for surface sample

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 2.85

Context: O2383

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 30

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-29)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 72
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2383 returned a moderate silver grade of 72.0 ppm, indicating mineralization at Otjozongombe East.

- Positive factor: Moderate silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 72.0

Context: O2383

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-30)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 3.16
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 3.56
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2347 returned a high copper grade of 3.16% and 3.56% Cu-Eq, indicating mineralization at Otjozongombe East.

- Positive factor: High copper grade for surface sample

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 3.16

Context: O2347

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-31)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 30
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Otjozongombe East
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2347 returned a moderate silver grade of 30.0 ppm, indicating mineralization at Otjozongombe East.

- Positive factor: Moderate silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 30.0

Context: O2347

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-32)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 3.05
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 3.85
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average copper grade of 3.05% from surface samples at Horseshoe is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 3.05

Context: Average of all 15 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 34

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-33)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 59.5
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average silver grade of 59.5 ppm from surface samples at Horseshoe is a good indicator of mineralization, supporting further exploration.

- Positive factor: Moderate average grade for surface samples

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 59.5

Context: Average of all 15 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 35

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-34)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 13.55
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 19.6
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample HS008 returned an exceptional copper grade of 13.55% and 19.60% Cu-Eq, indicating very strong mineralization at Horseshoe.

- Positive factor: Exceptional copper grade for surface sample

- Positive factor: Exceptional copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 13.55

Context: HS008

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 36

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-35)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 451
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample HS008 returned a very high silver grade of 451.0 ppm, indicating very strong mineralization at Horseshoe.

- Positive factor: Very high silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 451.0

Context: HS008

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 37

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-36)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 8.59
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 9.37
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample HS011 returned a high copper grade of 8.59% and 9.37% Cu-Eq, indicating strong mineralization at Horseshoe.

- Positive factor: High copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 8.59

Context: HS011

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 38

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-37)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 58
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample HS011 returned a moderate silver grade of 58.0 ppm, indicating mineralization at Horseshoe.

- Positive factor: Moderate silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 58.0

Context: HS011

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 39

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-38)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 3.63
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 5.19
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2393 returned a high copper grade of 3.63% and 5.19% Cu-Eq, indicating mineralization at Horseshoe.

- Positive factor: High copper grade for surface sample

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 3.63

Context: O2393

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 40

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-39)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 116
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Horseshoe
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2393 returned a high silver grade of 116.0 ppm, indicating mineralization at Horseshoe.

- Positive factor: High silver grade for surface sample

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 116.0

Context: O2393

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 41

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-40)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 2.68
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 3.91
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average copper grade of 2.68% from surface samples at the new Okamborombonga prospect is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Positive factor: New prospect identified

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 2.68

Context: Average of all 10 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 42

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-41)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 91.5
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Average silver grade of 91.5 ppm from surface samples at the new Okamborombonga prospect is a strong indicator of mineralization, supporting further exploration.

- Positive factor: High average grade for surface samples

- Positive factor: New prospect identified

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 91.5

Context: Average of all 10 samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 43

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-42)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 7.06
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 10.12
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2399 returned an exceptional copper grade of 7.06% and 10.12% Cu-Eq at the new Okamborombonga prospect, indicating very strong mineralization.

- Positive factor: Exceptional copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: New prospect identified

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 7.06

Context: O2399

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 44

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-43)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 228
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2399 returned a very high silver grade of 228.0 ppm at the new Okamborombonga prospect, indicating very strong mineralization.

- Positive factor: Very high silver grade for surface sample

- Positive factor: New prospect identified

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 228.0

Context: O2399

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 45

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-44)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 4.39
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 6.13
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2390 returned a high copper grade of 4.39% and 6.13% Cu-Eq at the new Okamborombonga prospect, indicating strong mineralization.

- Positive factor: High copper grade for surface sample

- Positive factor: High copper equivalent grade

- Positive factor: New prospect identified

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 4.39

Context: O2390

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 46

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-45)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 130
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2390 returned a high silver grade of 130.0 ppm at the new Okamborombonga prospect, indicating strong mineralization.

- Positive factor: High silver grade for surface sample

- Positive factor: New prospect identified

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 130.0

Context: O2390

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 47

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-46)

Kaoko Basin Project · copper

#### Identity

- Project: Kaoko Basin Project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 3.29
- Grade Unit: %

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Metal Eq. Grade: 4.23
- Metal Eq. Unit: % Cu-Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2389 returned a high copper grade of 3.29% and 4.23% Cu-Eq at the new Okamborombonga prospect, indicating mineralization.

- Positive factor: High copper grade for surface sample

- Positive factor: New prospect identified

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Surface sample, not drill intercept

- Negative factor: 100% recovery assumed for Cu-Eq

Evidence · table

> 3.29

Context: O2389

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 48

[Link to this fact](https://atlas-staging.minestarters.com/news/assay-results-confirm-high-grade-copper-silver-mineralisation-across-multiple-pr--8514bf44-cf66-44f0-9daf-2b384726765c#fact-drill-facts-47)

Kaoko Basin Project · silver

#### Identity

- Project: Kaoko Basin Project
- Commodity: silver
- Region: namibia
- Reported Region: Namibia
- Ticker: SRVL

#### Geometry

- Grade: 70
- Grade Unit: ppm

#### Classification

- Program: exploration
- Sample Type: surface
- Mining Method: unknown

#### Location

- Location: Okamborombonga
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Sample O2389 returned a moderate silver grade of 70.0 ppm at the new Okamborombonga prospect, indicating mineralization.

- Positive factor: Moderate silver grade for surface sample

- Positive factor: New prospect identified

- Negative factor: Surface sample, not drill intercept

Evidence · table

> 70.0

Context: O2389

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
