Mkushi Cu (RTL AfricanEagle) - Zambian Copperbelt (sitios de interés)
Descripción del sitio
Placemark on the Munshiwemba Pit
Mkushi Copper Joint Venture Ltd (MCJVL)
51% Seringa Mining Ltd
subsidiary of CGA Mining Ltd
49% Katangan Resources Ltd
subsidiary of African Eagle Resources Plc
RESOURCE BASE - HISTORIC
Indicated 6.4Mt at 1.3% Cu
Inferred 24Mt at 1.2% Cu
Freeman
Q3-2007 Pit optimised Reserve 9.6Mt at 1.1% Cu
Definitive Feasibility Nov 2008
Go ahead decision Dec 2008
October 2008 Presentation: South-African Roadshow
HISTORY
Discovered in 1922, the Mkushi project deposits were first mined by underground workings, then developed as an open pit operation in the late 1960’s. The open pit ore was delivered to a conventional copper sulphide concentration plant which successfully produced a concentrate that was sold into the international markets. The majority of the process plant remains on site but it is considered too small to be of use in the future operations conceptualised by CGA. The operation closed due to the nationalisation of the Zambian copper industry in the 1970’s. Available archives indicate that the mine operated at a grade of approximately 1.5% Cu and that there is still abundant material of similar grade left in the ground. The local infrastructure in the Mkushi area is excellent and the brownfield site should allow project development permitting to be straightforward.
Prospects/Deposits:
Munshiwemba, Coloquo (Kololwo), Botita, Mtuga, Munda, Fitalu, Katunga
Munshiwemba, Coloquo (Kololwo), Botita, Mtuga, Munda, Fitalu, Katunga
Mkushi Project (PL 114)
African Eagle Resources Plc (AIM:AFE, AltX:AEA)
CGA Mining Ltd (TSX:CGA, ASX:ASX)
Position calculated from
UTM Zone 35S (WGS84)
731500mE, 8457200mN
UTM Zone 35S (WGS84)
731500mE, 8457200mN
-13° 56' 45.67", +29° 8' 33.93"