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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: 57Carre(~ 48.41Sq.km) •Location: onHigh 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 MillionTonnes” of resources.
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: 57Carre(~ 48.41Sq.km) •Location: onHigh 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 MillionTonnes” of resources.
Description
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
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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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