Invest in the recovery of gold and silver from a readily accessible tailing resource
The Company is a South African based business with a wealth of experience in the design and operation of mining in the region. The Company is seeking investors for Project that consists of a plant and operations for the high yield recovery of precious metals using modern technology from existing tailings dumps in Ndola, Zambia. The tailings resource has an estimated value of USD 65 million with upside valuation of USD 125 million. The owner of the tailings dump has appointed the Company to build, operate and transfer an electrowinning plant for the recovery of high value minerals from existing tailings dams. The Company will receive an effective economic participation of 24.8% in the Project in return for providing its services, and raising project funding. The tailings dumps, which are located at the old Ndola Copper Refinery Site, were previously abandoned because the copper yield was considered too low, and unfeasible with then existing technology. These dumps were never before tested nor processed for their precious metal content. Recent professional surveys reveals significant recoverable amounts of gold and silver in the tailings.
The Project has a total investment requirement of US$11.85 million. The investment return offered to potential financiers provides for a minimum 10% per annum with considerable additional upside potential. Complete documentation is available including a business case report providing a detailed description of all facets of the project, and a due diligence pack that includes licenses, financial projections, profile and ancillary information required to make a comprehensive assessment of the Project.
Sector: Mining
Segment: Gold Mining
Location: Zambia
Financing Size: USD 11.85m
Contact: Harry Wilson
Company : Ivora Capital Proprietary Limited
Telephone: +27 12 751 4451
E-mail: [email protected]