KINUSI COPPER MINE ▪ 75% interest in 10 mining licences located at Kinusi in Mpwapwa District in the Dodoma Region of central Tanzania ▪ licences extend over a combined area of approximately 91 hectares with 8 of the licences contiguous ▪ mining licences are valid for a period of 7 years ▪ samples of the copper ore mined from the small-scale activities on site and azurite and malachite copper mineralisation exposed in shallow pits and shafts reported copper grades of up to 31.32% ▪ independent geological consultants confirmed a major copper mineralised system extends for over 1km in length and over 300m in width ▪ initial Exploration Target of a 10-15Mt deposit of high-grade copper and gold ▪ open pit mining of the shallow and visible high-grade copper ores ▪ new development strategy to be implemented to produce a higher value copper cement / copper cathode product § new leaching plant to be added to crushing and milling circuit 49
RkJQdWJsaXNoZXIy NTYzMzA=