We are looking for an investor to enter in joint venture partnership on this project preferably, however we are open to other deal proposals provided the term agreeable.
We have two mining licences, the first one covers a cluster of copper ore rock dumps located in Chingola. The material available in these dumps is over 30 million tons and the ore grades are 0.8% to 1.2% per. The second licence covers a tailing dam which is also located in Chingola. The material available in the tailing dam is over 10 million tons and the grades are 0.7% to 1.1%.
The information above is based on the historical information compiled by the mine while the material was accumulated. We have not done any independent test ourselves.