Falcon Metal Resources Botswana (FMRB), a fully citizen-owned mining company, has announced a major gold discovery in the 60-kilometer-long Tati Greenstone Belt (TGB).
In an interview this week, the company’s Chief Exploration Advisor, Onalethata Gubago, revealed that the discovery was made in February on a tenement located about three kilometers from Francistown. He said laboratory tests confirmed the presence of high-grade gold, with concentrations of 17.88 grams per ton. Further verification is pending as additional samples are being tested in South Africa.
Gubago also disclosed that FMRB has entered into a partnership with Australia’s Jacaranda Natural Resources, which is currently funding the exploration. “There is gold in our tenement, but I cannot give its absolute concentration at the moment before the three months turnaround that will give us the full picture,” he said.
Trenching work is nearly complete, and samples will soon be sent to the South African lab for analysis.
Beyond its activities in the gold belt, FMRB holds a diverse portfolio of licenses across Botswana’s major mineral belts through various subsidiaries. The company is actively exploring copper and diamonds, with licenses in the Kalahari copper belt at the D’kar and Mamuno formations, as well as diamond exploration in the Tsabong Kimberlite Field.
The gold tenement license, granted on April 1, 2025, covers approximately 10.06 square kilometers and lies about three kilometers northeast of Francistown, within the extensive Tati Greenstone Belt.
An internal FMRB document reviewed by this publication describes the license as proximal to known gold deposits, including Golden Eagle, Map Nora, Cherished Hope, and Lady Mary. It also notes that the area includes the disused Globe Gold Mine, historically mined to shallow depths through a 25-meter deep vertical shaft. The report suggests that mineralization at depth remains untested, with inferred sulfide-hosted gold potential.
The document further highlights extensive artisanal mining within the license area, particularly targeting quartzite rocks and alluvial gold, confirming the presence of an active near-surface placer system. The report draws parallels to the Tekwane deposit within the same belt, noting that the distribution and style of artisanal workings suggest on-site weathered mineralization and residual concentrations.
“In conclusion, the licence area exhibits strong geological and structural criteria for gold endowment. Based on its favorable geological setting, proximity to established gold deposits, historical mineralized intercepts, and artisanal activity, PLO121/2025 (FMRB license area) is assessed as having moderate to high potential for hosting shear-hosted, structurally controlled gold mineralization,” the report states.
Tati Greenstone Belt
The report also notes that the Tati Greenstone Belt holds significant gold and base metal mineralization. It is home to several mines, including Mupane Gold Mine, Golden Eagle, and Signal Hill. Base metal mineralization is found in the Selkirk formation, which hosts copper, nickel, and platinum group elements. This formation lies in the central portion of the belt.
The Tati Greenstone Belt is one of several greenstone belts in the region, alongside the Matsitama, Maitengwe, and Vumba belts. It trends primarily north-northwest (NNW), stretching over 60 kilometers in length and up to 20 kilometers wide. The belt lies close to the Limpopo belt to the south, which separates the Zimbabwe Craton from the Kaapvaal Craton.
“The TCB hosts numerous NNW-trending ductile to brittle-ductile shear zones. In PLO121/2025, at least fourteen such shear zones have been mapped or inferred. These shear zones are interpreted as first-order fluid pathways controlling the emplacement of auriferous quartz-carbonate veins,” the report states.
It adds that mineralization is typically found in these shear zones, parallel to regional foliation, fold hinges, axial planar zones, en echelon veins, and cross-cutting fracture zones developed during deformation.