BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.35 Increased By ▲ 0.03 (0.47%)
BECO 4.39 Increased By ▲ 0.12 (2.81%)
BML 62.50 Increased By ▲ 0.05 (0.08%)
BOP 31.47 Increased By ▲ 0.24 (0.77%)
CNERGY 11.70 Increased By ▲ 0.11 (0.95%)
CSIL 5.92 Increased By ▲ 0.20 (3.5%)
FCCL 61.60 Increased By ▲ 0.06 (0.1%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 6.33 Increased By ▲ 0.07 (1.12%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.79 Increased By ▲ 0.11 (0.45%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.05 Decreased By ▼ -2.23 (-1.27%)
NCPL 51.85 Decreased By ▼ -0.92 (-1.74%)
NPL 54.19 Increased By ▲ 0.07 (0.13%)
OGDC 315.50 Increased By ▲ 2.11 (0.67%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.51 Decreased By ▼ -0.29 (-0.81%)
PIBTL 13.65 Increased By ▲ 0.18 (1.34%)
PPL 226.60 Increased By ▲ 4.79 (2.16%)
PRL 80.30 Increased By ▲ 1.22 (1.54%)
PTC 46.89 Increased By ▲ 0.04 (0.09%)
SSGC 23.90 Increased By ▲ 0.03 (0.13%)
TBL 9.30 Decreased By ▼ -0.01 (-0.11%)
TELE 7.65 Increased By ▲ 0.26 (3.52%)
TPL 24.51 Decreased By ▼ -0.60 (-2.39%)
TPLP 13.04 Increased By ▲ 0.53 (4.24%)
TREET 26.05 Decreased By ▼ -0.20 (-0.76%)
TRG 53.38 Decreased By ▼ -0.06 (-0.11%)
Business & Finance

NRL identifies copper-gold mineralisation across eight discoveries in Chagai: Tabba

  • Tabba reaffirmed NRL’s previously announced $100 million commitment to mineral exploration in Pakistan
Published Updated

National Resources Limited (NRL), a 100% Pakistani privately-owned mineral exploration company, has identified copper and gold mineralisation across at least eight porphyry discoveries in Balochistan’s Chagai district, with nearly 25,000 metres of drilling delivering encouraging results as the company advances towards its first mineral resource estimate.

According to a statement, one drill hole returned 295 metres of continuous mineralisation grading 0.43% copper and 0.13 grams per tonne of gold, including a 132-metre interval grading 0.83% copper, Chairman Muhammad Ali Tabba told the Pakistan Minerals Investment Forum 2026.

The discoveries span 5.6 square kilometres in Darigwan, adjoining NRL’s earlier discovery at the Tang Kaur copper-gold porphyry system. Tabba said further investigations at exploration licence EL214 were expected to establish substantial resources, subject to completion of exploration and formal resource estimation.

A joint venture between Fatima Fertilisers, Liberty Mills, and Lucky Cement Ltd, NRL holds five exploration licences in Balochistan, comprising two copper-gold projects, one lead-zinc project and two antimony projects, with exploration work ongoing.

Chagai: NRL discovers significant copper-gold mineralisation

As per the statement, NRL plans to initiate environmental, hydrogeological, metallurgical, and geotechnical studies in 2027, with the aim of completing a bankable feasibility study by the end of the decade.

Tabba reaffirmed NRL’s previously announced $100 million commitment to mineral exploration in Pakistan and invited domestic and international investors and service providers to discuss emerging opportunities.

While preliminary resource estimates have been prepared by a separate consultant, the company is withholding their public release pending compliance with international reporting requirements. NRL is progressing towards its maiden mineral resource estimate in accordance with international standards.

The company has also initiated the development of a predictive artificial intelligence model with Lahore University of Management Sciences to help accelerate exploration, building on geological modelling and data gathered through its drilling programme.

“Our ambition is to build a world-class mineral exploration platform and contribute to an integrated mineral value chain, from discovery and mining to processing and onward value addition,” Tabba said.

Tabba said the programme was developing local expertise, with Baloch geologists working alongside international consultants and Pakistani contractors undertaking inclined drilling. The company’s technical workforce is almost entirely indigenous, supporting its ambition to build domestic capabilities that could also serve international exploration projects.

Comments

200 characters remaining