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Namibia
Botswana
Hope and Gorob Development

Company Overview

Bezant is a natural resources exploration and development company focused primarily on copper with copper projects in Namibia and Zambia , and a manganese project in Botswana.

The company portfolio of assets includes the following projects – more information on these projects is available on the Operations section of the Company’s website.

Hope Copper-Gold project in Namibia: The Company is developing a mine at the Hope & Gorob site currently installing a mining camp, workshops and commissioning crushing and dry ore sorting infrastructure. Sorted copper – gold pre-concentrate will be transported from the mine site to the Company’s Tsoaxaub Metals (formerly NLZM) flotation plant located 30km east of the town of Swakopmund on the Namibian coast. The final concentrate will be exported via the Walvis Bay deep water terminal located 75km from the plant site.

Please visit our Namibia Operation webpage for a more detailed updated on the project including the award of a mining licence and mine development work. Please visit our Hope and Gorob Mine Development webpage for updates on mine development

Highlights:

  • On 8 April 2026 the Company announced a new Mineral Resource Estimate for the Hope project which forms part of the larger Hope and Gorob Project. The announcement is on the Company’s announcement page and the Mineral Resource estimate is available on the Technical Report section of the Company’s website at Hope and Gorob – New Mineral Resource Estimate – Sound Mining – 8 April 2026
  • On 30 March 2026 the Company announced significant mine development progress at the Hope and Gorob Project
  • On 24 March 2026 the Company announced an agreement to increase its interest in Hope and Gorob Mining (Pty) Ltd the operator of the Hope and Gorob project from 70% to 90%
  • Publication on 30 October 2025 of a Feasibility Study Report Summary in relation to the Hope and Gorob mining project (the “Project”) (the “Report”) prepared by independent consultants Sound Mining International Limited (“Sound Mining”). The Report can be downloaded by clicking this link
  • Mining Licence (ML246) granted in 2024 covering resources with a projected open-pit and underground mining capacity of over 11-years life of mine
  • Currently defined JORC (2012) compliant resources for the Hope and Gorob project of 15Mt at 1.2% Cu, containing 190 thousand tonnes of copper
  • Substantial resource upgrade potential
  • Prospective for Volcanic Hosted Massive Sulphide (VMS) copper-gold deposits associated with the Matchless Copper Belt

Kanye Manganese Project in Botswana: The Kanye Manganese Project acquired on 12 February 2021 comprises a collection of prospecting licenses (“PLs”) covering a total area of approximately 1,669km2, located in south-central Botswana south of the town of Jwaneng and west of the town of Kanye and 150km by road from the capital Gaborone. Kanye has potential for the discovery of high-quality manganese deposits suitable for supplying the valuable battery market.

On 27 August 2024 the Company announced the positive outcome of geophysical surveying during August at its Kanye manganese project in Botswana which was planned to assist in extending the potential footprint of the deposit.

Highlights:

  • IP/resistivity geophysical surveying has traced near surface areas of high conductivity/low resistivity which could reflect manganiferous mineralisation for about 900m to the NW of the previously exposed manganese occurrence in the Moshaneng borrow pit, making 1.4km of potential target strike extent in total.
  • The geophysical anomaly extends up to 300m width in places, double that in the area already drill tested, and remains open further to the NW beyond the limit of the survey.
  • Follow-up RC drilling will be planned to confirm possible mineral continuity and grade. If mineralisation of economic interest is found by drilling then an extension to the IP survey is recommended to follow the strike further.

Please visit our Botswana Operation webpage for more detailed information.

On 27 June 2025 the Company announced it was issued 139,365,650 shares in ASX listed Blackstone Minerals Ltd (Blackstone) and 2,543,750 options to acquire Blackstone shares at AUD0.06 expiring on 5 February 2029 following completion of the IDM Merger (see below *** ).

On 2 October 2025 the Company announced that it had ceased to be a substantial shareholder of Blackstone following a sale of Blackstone shares and its Blackstone shareholding had been reduced to 80,574,880 Blackstone shares and that the Company still held it’s 2,543,750 options to acquire Blackstone shares at AUD0.06 expiring on 5 February 2029.  
 
*** On 6 February 2025 the Company announced that IDM International Limited (“IDM”), through which the Company at that time held an interest in the Mankayan Copper Gold project in the Philippines (“Mankayan Project”), had announced a proposed merger with ASX listed Blackstone Minerals Ltd (“Blackstone”)(“IDM Merger”).

The Company is quoted on the AIM Market: (BZT)
5 June 2026
Please check our announcements page for subsequent updates