Virgo Resources Limited (Virgo) is a copper focused exploration and mineral project development company based in Perth, Western Australia with assets in Botswana and Namibia.

The Company is aiming to be listed on the ASX in Q4 2019 (ASX Code: VIR) and its IPO is now open.

Virgo has a very experienced Board and management team that has significant experience and expertise in exploration, mineral resource/reserve delineation, mine development and production.

Virgo has interests in three copper projects:

  • The Hope Copper-Gold VMS Project in Namibia (70% Interest with option to increase to 90%) is Virgo’s most advanced copper project and contains a large, high grade mineral resource of 10.2Mt @ 1.9% Copper and 0.3g/t gold, reported according to JORC (2012). See the Hope Copper-Gold Project page for further details and Competent Persons statement.

  • The Kalahari Copper Belt Project in Botswana (100% interest) is located within an under-explored, emerging copper province that hosts major development projects including Cupric Canyon Capital’s Zone 5 copper-silver deposit and MOD Resource’s T3 copper-silver deposit. Virgo’s most prospective tenure in this region is PL40/2018, which is situated along strike of significant copper-silver mineralisation deposits held by other Kalahari Copper Belt explorers and developers.

  • The Rhinelands Copper Project in Namibia (90% Interest) is an Iron-Oxide Copper-Gold (IOCG) exploration play with significant surface copper mineralisation that has not been properly tested at depth.