With exploration and development projects across the DRC and Zambia, Central Copper holds licences and permits to potential high-grade, large-resource projects that have the potential to be some of the best copper projects in the world.

DRC – Mbamba Kilenda Project

Project status: Near-term development

  • Historical expenditure of +$19m has established high grade JORC Resource of 11.8Mt Cu at 3.13% (on <5 km of continuous 85 km strike)
  • Lowest quartile cash cost of $1.11/lb, NPV +$350m and IRR +50% (at $3.11/lb Cu price)
  • 25,000m drilling planned for PFS study and resource expansion and upgrade
  • District scale opportunities
  • Targeting first production in 2022
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DRC – Titan Project

Project status: Exploration

  • Licence area adjacent to Ivanhoe Mines’ Kamoa-Kakula mine (2nd largest copper mine globally at 800kT p.a.), which is situated on strike to Titan
  • 20% Interest (15.6% net) of 231 km2 permit area
  • $3.5m spent identifying 18 high priority targets
  • 8,000m drilling across 10 holes planned for H2 2021
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Zambia – Lunga Project

Project status: Advanced exploration

  • 100% Interest in 292 km2 licence area, situated along strike from producing Chifumpa mine
  • 2020 soil sampling identified significant Cu anomalies
  • 4 target areas identified including 2 drill ready
  • 3,000m drill programme in H2 2021
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