Noronex Limited (ASX:NRX) has kicked off a gravity EM survey at the Humpback-Damara project in Namibia – part of its earn-in deal with South32. Perhaps surprising to regular explorer-watchers is the news that South32 wants copper acreage, and it’s come knocking on Noronex’s door – as opposed to a small company hoping to farm-into a bigger operation. Notably, Noronex is funded by South32 to do this work on its 100% owned tenements to the tune of A$0.75M. A total of four areas will be covered, sniffing around an area believed to be an extension of the famous Kalahari Copper Belt (KCB) in Africa….
