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    Copper-Cobalt Mining Project

    Description

    L#20220379

    The area is located within the Copperbelt Region in the southwest portion of the DRC, in Kambove Territory, Haut-Katanga District, and Katanga Province.

    The location is situated approximately 2 km southeast of the Luisha mining town, 45 km southeast of Likasi and 73 km northwest of Lubumbashi, covering an area of 57 carres (48.41 sq.km).

    The area is situated equally on both sides of the Lubumbashi and Likasi-Kolwezi road.

    Salient features

    Area: 57 Carre (~ 48.41Sq.km)
    Location: on High way
    Best Infrastructure: Road, Rail & HT Power lines through the concession.
    Surrounded by mines
    Environmental Studies completed.

     Approach

    Detailed Exploration & Development through a strategic association.

    Visualized Exploration Schema

    GIS Collation of data to demarcate the drill target zones.
    Airborne Geophysics Magnetic / radiometric
    RAB Drilling followed by Diamond Core

    Concession area

    The concession is surrounded by old and new mineral discoveries

    Resource Estimations

    As per report prepared by consultants, there were 4 zones were marked and estimated about “64 Million Tonnes” of resources.

    Basic Details

    Target Price:

    $50,000,000

    Gross Revenue

    TBA

    EBITDA

    TBA

    Business ID:

    L#20220379

    Country

    Congo

    Detail

    Business ID:L#20220379
    Property Type:Mining Businesses
    Property Status:For Sale
    Target Price: $50,000,000
    Gross Revenue:TBA
    EBITDA:TBA
    Target Price / Revenue:50000000x
    Target Price / EBITDA:50000000x
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      Published on November 10, 2022 at 9:43 am. Updated on December 2, 2023 at 2:31 pm


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      The area is located within the Copperbelt Region in the southwest portion of the DRC, in Kambove Territory, Haut-Katanga District, and Katanga Province.

      The location is situated approximately 2 km southeast of the Luisha mining town, 45 km southeast of Likasi and 73 km northwest of Lubumbashi, covering an area of 57 carres (48.41 sq.km).

      The area is situated equally on both sides of the Lubumbashi and Likasi-Kolwezi road.

      Salient features

      Area: 57 Carre (~ 48.41Sq.km)
      Location: on High way
      Best Infrastructure: Road, Rail & HT Power lines through the concession.
      Surrounded by mines
      Environmental Studies completed.

       Approach

      Detailed Exploration & Development through a strategic association.

      Visualized Exploration Schema

      GIS Collation of data to demarcate the drill target zones.
      Airborne Geophysics Magnetic / radiometric
      RAB Drilling followed by Diamond Core

      Concession area

      The concession is surrounded by old and new mineral discoveries

      Resource Estimations

      As per report prepared by consultants, there were 4 zones were marked and estimated about “64 Million Tonnes” of resources.

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