Golden Deeps (ASX: GED) is focused on exploration and development of copper and vanadium projects in the world-class Otavi Mountain Land copper district of Namibia, as well as advancing exploration of copper and gold projects in the Lachlan Fold Belt of NSW, Australia.
In the near term, Golden Deeps aims to develop high-grade battery metals (e.g. vanadium, copper, lead and zinc) production in Namibia to provide direct exposure to the rapidly growing renewable energy markets.
Longer term, the Company aims to build shareholder value through discovery of significant copper (with silver and gold) deposits in both it’s Namibian Projects as well as in the Lachlan Fold Belt of NSW.
The company’s exploration and mining developments will create an economic legacy for people in the region with investment in infrastructure, employment and export revenue. It is the Company’s intention to employ approximately 75% of its staffing requirements from the local workforce.
The Company’s development projects will be designed to have a net positive environmental impact as it will use the existing rail corridor and port and GED will implement best environmental and rehabilitation practices, including in areas of previous mining and processing.