Zambezi Resources (ASX:ZRL)
Only small quantities of gold have been mined, but with higher prices gold exploration may well increase. A total of nearly 2,000 kg of gold has been produced from 20 deposits since 1906, but does not include gold produced as by-product of copper recovery by ZCCM. Whereas there are over 300 known gold occurrences, small quantities of gold have been won from only the Luiri (Matala and Dunrobin) with an estimated reserve of 100,000 t at 3.5 gm/t Au; Jessie, Chakwenga (50,000 t); Chumbwe (35,000 t); Sassare (35,000t); Lutembwe, Cymric, Velocity, Chad, Chetina,Tortoise and Iron Cap (65,000t) mines.