A copper exploration and development company with extensive experience in the sector. The Company has three main assets: the Mbamba Kilenda flagship mining Project; the Lunga Project in Zambia; and an interest in the significant Titan Kayeye Project in the DRC. All three have significant high-grade resource potential.Read more
Zambia: Lunga Project
The Lunga property is located in the Northwest Province of Zambia approximately 230 km northwest of Lusaka and comprises one large-scale exploration licence (22250-HQ-LEL) covering 292 km2.
DRC: Titan Project
The Company holds a 20% interest in Titan, which holds a 78% of DRC incorporated Titan Minerals, the holder of the PR14475 exploration permit which is located 50 km southwest of Kolwezi in the DRC.
The copper market
Copper’s conductive properties, malleability, tensile strength, slow corrosive process and durability all make the base metal a critical resource, and especially dominant in the global energy transition away from a reliance on hydrocarbons toward renewable energies and electric vehicles, equipment and infrastructure. Over the past year, the price of copper has seen a dramatic escalation, with some analysts anticipating the start of a decades-long commodities super cycle.
The DRC and Zambia have long been famed for their extensive, high-grade copper deposits, the export of which has defined the countries’ economy.