Gold Mining in Africa

The company holds a prospecting right to the historical gold mining area. The project area covers roughly 1,813 hectares and includes historical mine shafts and tailings dumps from earlier operations. Owners plan to conduct further exploration drilling to confirm historical gold grades and expand the mineral resource estimate. The company also aims to secure a mining right and begin underground mining operations on the adjacent farm, Boltman 211LT. Two main tailings dumps on the site contain approximately 1.05 million tonnes of material, with a gold grade averaging around 1.0g/t. These dumps have the potential to be processed, generating income and helping to offset initial project costs​.
The company is looking to sell 80% of its shares.

The project envisions defining a gold resource of over 1 million ounces from its exploration program. There are also historical indications of gold grades between 3.0g/t and 8.4g/t in certain sections of the mine​.
The project benefits from nearby infrastructure, including roads, a power supply from Eskom, and access to local labor resources from the towns.
Future exploration will target neighboring farm Boltman 211LT, adding value to the adjacent areas​.