24
2020
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09
津巴布韦金矿项目
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2. ELVINGTON MINE |
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Mineral |
Gold |
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Location |
Chegutu Town, Zimbabwe |
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Mining Rights |
21 Mining Claims – Total Area 473 Hectares 8 Blocks – Total Area 80 Hectares |
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Infrastructure |
Total Assets – Valued at US$10 Million as at 2012 |
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Documentation Available |
1. Geological Reports 2. Feasibility Reports |
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Funding Required |
TOTAL US$20 Million for: 1. Mine Resuscitation Elvington Mine closed down in 2003 when the main shaft collapsed due to intense faulting and inadequate pillar support around the shaft. At the time of closure, the Mine's production levels were between 40 and 50 kilogrammes of gold per month. Mine dewatering is in progress. 2. Development and Growth Undergroundmineral resource approximately 1 million tonnes@3.4 grams per tonne. Exploration activities required for additional resources |
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Partnership Proposal |
Joint Venture Shareholding negotiable according to each party's contribution |
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Investment Benefits |
· Optimisation of Production to exceed 50kg per month. · Employment creation and rewarding dividends for shareholders |
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