Dear Leviathan Shareholders,
Thank you for your continued patience and unwavering support as we execute this transformative opportunity in Botswana. The acquisition of Cura Botswana Corp positions Leviathan Metals as a dominant force in the heart of the Kalahari Copper Belt with a target portfolio we consider second to none in terms of its prospectivity.
In addition to its Kalahari Copper Belt assets, Cura also brings a large, prospective uranium portfolio immediately adjacent to Lotus Resources Limited’s Lethlakane Uranium Project. In total, the Cura acquisition secures nearly 10,000 square kilometers of prospective copper and uranium ground.
To reflect our sharpened focus on copper, uranium, and polymetallic exploration, we are rebranding from Leviathan Gold to Leviathan Metals, a clear signal of our evolution into a multi-commodity exploration company. As we worked to close the transaction, our technical teams have been advancing the projects. At the Central Project, located directly adjacent to MMG’s world-class Khoemacau copper mine, we are prioritizing rapid exploration so we can advance quickly to drilling to unlock its full potential.
We have also maintained strong momentum at the Foca project in Bosnia, with significant updates to be announced shortly.
Our Australian portfolio of gold assets is receiving a lot of interest from numerous parties, and we believe we can create value through their divestiture in time.
Global metals markets have ignited in recent months and we believe that copper and silver, in particular, are poised for substantial gains amid surging demand and constrained supply.
We look forward to sharing our next milestones with you and to celebrating the successes ahead together.
Stay tuned as more website updates are coming soon!
Sincerely,
Luke Norman
President & CEO
Leviathan Metals
Leviathan is exploring its highly strategic 100%-owned Central Project – which directly adjoins MMG’s Khoemacau group of deposits, (Measured and Indicated Mineral Resources of 94Mt @1.8% Cu and 22 g/t Ag and Inferred Mineral Resources of 188Mt @1.6% Cu and 20 g/t Ag1). Together with the nearby Banana Zone (Measured and Indicated Mineral Resources of 33Mt @1.4% Cu and 21 g/t Ag and Inferred Mineral Resources of 120Mt @0.8% Cu and 10 g/t Ag) this portfolio was acquired by MMG Ltd in 2023 for US$1.875 billion2. Production from Khoemacau began in 2021 at a nameplate rate of 60,000 tonnes per annum3.
The Central Project displays similar large-scale geological characteristics to Khoemacau, making the property highly prospective for a Tier 1 copper discovery. Specifically, all known Kalahari Copper Belt – KCB – deposits occur at or close to a well-understood stratigraphic contact (the interface between the D’Kar and Ngwako Pan Formations); the Central Project boasts around 24 kilometers of this contact. Importantly, MMG’s deposits occur on the flanks of very large anticlinal folds, also referred to as domes. A large dome is present on the Central Project (the Hyena Hills dome), as defined by existing geological interpretation and supported by a recent high-resolution ground magnetic survey. This is the next dome south from those hosting the Khoemacau deposits though has received very little exploration and has not been drill tested within Leviathan’s ground.
Botswana is one of Africa’s most politically stable countries, offering a secure environment for long-term investment. Its transparent governance supports predictable mining regulations. No1. In sub-Saharan Africa in terms of Mining Attractiveness according to the Fraser Institute.
With a strong legal framework and a supportive mining code, Botswana encourages foreign investment. The government actively promotes responsible resource development.
The Kalahari Copper Belt is one of the most prospective areas globally for new sedimentary copper discoveries, offering great opportunity for high-grade copper exploration and development. This is reflected by the presence of major mining companies on the belt, including Sandfire Resources, BHP and MMG and the ramping up of copper and silver production.
First world electricity, water road and communications infrastructure – set up to support mining.
Botswana boasts an advanced and well-educated population providing ready expertise to the mining sector. Mining is a pivotal economic driver, contributing >20% of GDP. Per capita GDP of USD 16,300.
Nov 28, 2025
Leviathan Metals Announces Closing of AmalgamationNov 12, 2025
Leviathan Gold Announces Name Change