Mineral exploration, Namibia
Wednesday 07th of May 2008
Progress: South Africa’s Iscor and Namibian-based PE Minerals are to jointly explore base-metal concessions held by the two companies in southern Namibia
Client: Iscor and PE Minerals
Est. value: Exploration expenditure for the first year will be about N$2,5-million Duration: The exploration licence is for two years but is renewable Description: The agreement covers exploration in the highly prospective Rosh Pinah terrain. The area extends south of the Rosh Pinah mine to the Trekpoort area, north-east of the Skorpion zinc project.
The new exploration programme is based on targeted conceptual mineralisation models and the latest technology available in delineating hidden base-metal deposits. The exploration expenditure for the first year will be spent on the three prospecting licences, which will be managed by Iscor Location: Southern Namibia For contact details buy the Engineering News
Author: Engineering News
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