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Copper-Cobalt Mining Project For Sale

Dem. Rep. of the Congo
Asking Price:
$50,000,000 (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

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
  • Location: on the highway
  • 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 a report prepared by consultants, 4 zones were marked and estimated to have about 64 Million Tonnes of resources.