Incorporated in November 2005. Incorporated in November 2005



Yüklə 445 b.
tarix27.12.2018
ölçüsü445 b.









Incorporated in November 2005.

  • Incorporated in November 2005.

  • Granted prospecting rights of 39000ha within 6 months (Currently have 77 000ha at the Insizwa project).

  • Raised ZAR18.2m (South Africa, Canada, USA).

  • Granted prospecting permit for historic Musina Copper Dumps and Oxide caps (September 2007).

  • Completed Scoping study on the Musina Copper Dumps and Oxide Caps (January 2008).

  • Raised ZAR 16m (South Africa, Canada and USA) February 2008.

  • Completed a competent person’s report on the Insizwa Nickel Project (October 2008).

  • Granted exploration permits on 8 farms in the Northern Natal (KZN) coalfields (October/November 2008).

  • Entered into a joint venture agreement with Vale to further explore the Insizwa Nickel Project, where 20 million USD will be spent on exploration (including option payments of US $1.65 million – to be paid over a five year period).



Hands on Management Team.

  • Hands on Management Team.

  • Focusing on acquiring and developing brownfields projects.

  • Currently building a substantial coal portfolio in the Natal region, close to the Richards Bay port.

  • Capitalise on 2009 MPRDA deadline (“Use it or Lose it”) to partner with majors.





Our Ability to acquire, explore and develop mining projects in Southern Africa.

  • Our Ability to acquire, explore and develop mining projects in Southern Africa.

  • Our Ability to raise the necessary finance in South Africa and North America.

  • Our Management’s Ability to successfully convert projects.

  • Our comprehensive geological database.




























































Yüklə 445 b.

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