矿业市场

Mining Market

24

2020

-

09

津巴布韦铜矿项目


  COPPER MINES – MHANGURA, ALASKA AND SANYATI

Mineral

Copper

Locations

1.      Mhangura Copper Mines – 139 Kilometres North-West of Harare

2.      Alaska (Lomagundi Smelting and Mining) – 130 Kilometres North-West of Harare

3.      Sanyati Volcanic Massive Sulphide Deposits (VMS) – 115 Kilometres South-West of Chinhoyi Town

Mining Rights

Total Area – 15,547 Hectares broken down as follows:

1.      Mhangura Copper Mines – 4,099 Hectares

2.      Alaska (Lomagundi Smelting and Mining) – 4,445 Hectares

3.      Sanyati VMS Deposits – 7,003 Hectares

Documentation Available

1.      Geological Reports

2.      Feasibility Reports

Funding Required

TOTAL US$350 Million for:

1.      Mines Recapitalisation

·      Mines operationalization

·      Designed plant throughput is 1 Million tonnes per annum

·      Commission a new Smelter and Resuscitate the Refinery

2.      Development and Growth

The Mines have total ore reserve of 17.91 Million tonnes of proven and probable copper complex ores accessible for mining:

Mine

Section/

Deposit

Resources & Reserves

Other Notes

Mhangura Copper Mines

Miriam Mine

Proved & Probable – 7.21 Million tonnes@ 1% Copper

·  Deposit has potential of resources of a further 60 metric tonnes @ 1% Copper

·  Also gold, silver and molybdenum mineralisation

Alaska (Lomagundi Smelting and Mining)

Shackleton & Angwa Mines

Proven & Probable

0.2 metric tonnes @ 0.85% Copper

Measured & Indicated

3.1 metric tonnes @ 0.91% Copper

Also gold, silver and molybdenum mineralisation

Sanyati VMS Deposits

Copper Queen & Copper King Mines

·  For Sanyati Copper-Lead-Zinc Deposits:

Proven & Probable

14.4 metric tonnes @ 2.88% Copper

Indicated

3.52 metric tonnes @ 3.5% Copper

·  Average grades: 1.56% Copper, 1.43% Lead; 1.73% Zinc

Partnership Proposal

Joint Venture

Shareholding negotiable according to each party's contribution

Investment Benefits

·         Significant profit based on the prevailing and attractive average world market prices for copper and expected price gains in the future

·         A sound rate of production to be achieved in the first year of operation which will steadily increase during the life of the project

·         Employment creation and rewarding dividends for shareholders

 

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