Mineral

Gold

Location

Zvishavane Town, Zimbabwe

Mining Rights

Mining Lease of 8 Blocks – Approximately 3,390 Hectares

Documentation Available

1.      Geological Reports

2.      Feasibility Reports

Funding Required

TOTAL US$15 Million for:

1.      Mine Recapitalisation

·         Mechanisation of underground production – drilling, loading and tramming

·         Plant refurbishments to increase throughput, especially in the crushing and milling circuits

·         Improve electricity supplies

2.      Development and Growth

·         Shaft re-deepening programme to access depth extensions of ore bodies, that is, establishing 3 further production lifts

·         Establish a more effective spillage handling system

·         Improve ore handling and transfer system and haulage drainage

·         Underground mineral resource of 230,000 tonnes@2.9 grams per tonne

·         Surface exploration activities required to increase resource base; 95% of the mineralised shear has not been adequately explored.

Partnership Proposal

Joint Venture

Shareholding negotiable according to each party’s contribution

Investment Benefits

·         Optimisation of Production for rewarding dividends to shareholders.

·         Employment creation and boost to economy.