Small Scale Exploration License For Sale

Small-Scale Copper-Gold Exploration License for Sale – Historic Workings with Proven High-Grade Potential

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📍 Location:

• Region: Northwestern Province, Zambia

• District: Kasempa

• License Area: 398 hectares

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🧭 Overview:

This Small-Scale Exploration License offers a unique opportunity to invest in a historically significant mining area with proven high-grade copper mineralization. The site has been the focus of both historical and recent artisanal mining activities, indicating immediate potential for development.

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🧾 Historical Exploration Highlights:

• 1920s: Rhodesian Congo Border Concession conducted underground exploration, including pitting and trenching, identifying zones grading at 6% Cu.

• 1960s: Chartered Exploration Limited drilled four holes east of the current pit face. Notable intercepts include:

  • 28 m @ 1.07% Cu, including 6 m @ 1.87% Cu

  • 7.9 m @ 14.32% Cu from a vertical hole presumed to have been drilled directly into the near-vertical mineralized and oxidized shear.

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🧱 Geological Setting:

The license area is situated within the Lufilian Arc, a renowned geological formation known for its rich deposits of copper and cobalt. The arc comprises Neoproterozoic sedimentary sequences, including the Roan, Nguba, and Kundelungu groups, which have been deformed during the Pan-African orogeny. The region’s complex structural geology, characterized by fold and thrust belts, provides favorable conditions for structurally controlled mineralization.

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🧾 Geological Report Excerpt:

“Current mining is focused on old workings where copper and gold mineralisation is being recovered by small scale, artisanal mining for direct sale to local processors. The northwest wall of the pit comprises semi-massive limestone/dolomite and conglomerate/breccia, while the southeast wall of the pit is formed of a complex series of banded siltstones and brecciated ferruginous mudstones.”

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📊 Resource Estimates:

• Calculated Tonnage of Copper in Hill: 1.54 million tonnes at an average grade of 5% Cu

• Contained Copper: 46,300 tonnes

• In-situ Value: USD 231.0 million

• Estimated Production Cost: USD 69.0 million (most stripping already completed)

• Net Value: USD 161.7 million

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💡 Investment Highlights:

• Proven High-Grade Mineralization: Historical data confirms significant copper grades, with potential for gold co-mineralization.

• Existing Workings: Presence of artisanal mining indicates immediate potential for development.

• Strategic Location: Situated within the mineral-rich Lufilian Arc, offering access to established mining infrastructure.

• Comprehensive Geological Data: Availability of detailed historical and recent geological reports to guide further exploration.

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📞 Contact Information:

For further details and to express interest in this exploration license, please contact:

Geo Set

780/100 Ibex Hill, Lusaka, Zambia.

Call/WhatsApp +260972893520

Email: info@geosetmining.com

Note: Prospective buyers are encouraged to conduct their own due diligence and consult with geological experts to assess the full potential of the license area.