Tsodilo Resources Ltd. has established a subsidiary in Namibia as it expands its exploration portfolio beyond Botswana into copper, gold and critical minerals, targeting the prospective Kaoko and Otavi belts of the Damara Orogen.

The company announced on October 14, 2026, that TSD Namibia Mineral Resources (Pty) Limited has been registered to pursue mineral exploration opportunities in the Kunene Region of northwestern Namibia. The area lies within the Kaoko and Otavi belts, which host sediment-hosted copper and polymetallic copper-zinc-silver mineralisation and have potential for orogenic gold.

The expansion comes as Tsodilo seeks to deploy its existing drill rigs, geophysical equipment and in-house exploration capabilities in new jurisdictions. The company has also registered Tsodilo DRC S.A.R.L.U in the Democratic Republic of Congo, where it is concentrating on the Haut-Lomami and Tshopo provinces for copper, gold, lithium and tantalum.

Chairman and CEO James M. Bruchs said the company’s Gcwihaba Resources projects in Botswana — covering iron, critical minerals and rare earth elements — remain the focus of its activities. “We saw opportunities to utilise our drill rigs, geophysical equipment and in-house exploration capabilities to explore for critical minerals and rare earth elements in other jurisdictions,” Bruchs said.

He added that while there is no certainty negotiations with current licence holders or licensing bureaus will conclude successfully, the company is “cautiously optimistic that our efforts will bear fruit in the near future.”

Tsodilo described Namibia as one of Africa’s best mining jurisdictions, ranking in the top three behind Morocco and Botswana on the Fraser Institute’s 2024 Investment Attractiveness Index for Africa. The company cited the country’s stable democracy, independent judiciary, transparent mineral title system, infrastructure and stable tax code as factors supporting its decision.

Namibia is positioning itself as a major new copper destination in Africa, driven by diversification policy, large-scale mine restarts and aggressive exploration. Other miners and explorers active in the country include B2Gold, Sinomine, South32, Vedanta Zinc, Shanjin International, Koryx Copper, Paladin Energy, Kobold Metals, Deep Yellow and WIA Gold.

What’s Next

Tsodilo said it is pursuing negotiations with current licence holders and licensing authorities in Namibia, but cautioned that no agreements have been concluded. The company’s entry into Namibia adds to a growing wave of exploration interest in the country’s copper and critical minerals potential, as global demand for the metals used in electric vehicles, renewable energy and grid infrastructure continues to rise.