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Zimbabwe Mineral Belts · Mining Leases & Tenements

Lithium & Gold Findings
Exploration Highlights

On preliminary studies, we discovered an estimated 24 Million Metric Tonnes lithium resource potential across our mining leases (Kafura 12 & 23). Additionally, we acquired over > 5,000 hectares of gold mining areas in Matabeleland South Province, Midlands Province & Manicaland Province of Zimbabwe, alongside an inferred resource potential of 6.87 Tons (6,871 kg) of gold under active exploration in Bindura.

Exploration Assessment Note
Figures represent estimated resources & inferred geological potential currently under active exploration (not completely extracted). Includes 24 Million MT estimated Lithium resource discovery plus 6.87 Tons (6,871 kg) gold potential.
Key Metrics

Exploration Overview

2.2 g/t
Avg. Gold Grade
6.87 Tons
Inferred Gold Potential (6,871 kg)*
24 Million MT
Est. Lithium Discovery (14M + 10M MT)
9 Veins
Mapped Lithium Pegmatites

* Note: All resource figures are inferred geological estimates under active exploration — not fully extracted.

Gold Findings Prospect Site

Situated in Zimbabwe's most productive Greenstone & Rare Metal Belts

The Gold prospect benefits from a developed ~10 m shaft, crushing/grinding circuit, and vat-leach plant connected to the national power grid, alongside active Lithium pegmatite exploration at Kafura.

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Primary Lithium Assets

Lithium Findings & Kafura Exploration

Investigation results from the Kafura 12 & Kafura 23 lithium-bearing pegmatite mining leases in Zimbabwe.

Kafura Mining Leases (Kafura 12 & 23)

Lithium Exploration Discovery

9 Mapped Pegmatite Veins
24 Million MT (Estimated Resource Discovery)

On preliminary studies, we discovered an estimated 24 Million Metric Tonnes (14 Million MT + 10 Million MT) resource potential across our lithium mining leases (Kafura 12 & Kafura 23). Both tenements host lithium-bearing pegmatite dikes with spodumene and lithium-mica as the primary ore minerals, yielding surface grab sample grades up to 3.16% Li₂O.

Active Exploration Statement: For the extraction of resources, we are actively conducting ongoing exploration activities on our lithium mining leases.
Gold Findings Exploration & Field Operations
Gold Exploration Summary

Gold Prospect Findings

Geological mapping and sampling confirm gold mineralisation associated with a northwest-trending quartz vein system and a wide silicified shear zone, showing an inferred potential of 6.87 tons (6,871 kg / 220,936 oz) of gold under active exploration (not completely extracted).

Acquisition Highlight: We acquired over 5,000 hectares of gold mining areas in Matabeleland South Province, Midlands Province & Manicaland Province of Zimbabwe.
6.87 Tons Inferred Potential: Inferred resource potential yields 6,871 kg (220,936 oz) of gold at an average grade of 2.2 g/t across 3,106,225 tonnes of ore. (Currently under exploration — not fully extracted).
Quartz vein & shear zone: Mapping confirmed a wide silicified shear zone (low grade shear zone ~2.7M t @ 2 g/t) and high grade shear zone (280,000 t @ 3 g/t).
Bulk sampling results: Sampling returned 1.2 g/t free gold at ~8 m depth, supporting the estimated average grade.
Existing ~10 m shaft & grid power: Developed ~10 m shaft along with crushing/grinding circuit and vat-leach plant connected to national electricity grid in Bindura.
Custom Milling & Tailings

Dump Resource & Settling Ponds

A dump has been generated from custom milling — CIP dump (leached once) and Vat leach dump in settling ponds awaiting processing.

Dump Resource Evaluation Table

Dump Category Estimated Tonnage (t) Estimated Grade (g/t) Total Gold (g)
CIP Dump 10,000 t 1.5 g/t 15,000 g (15.0 kg)
Vat Leach Dump 900 t 2.0 g/t 1,800 g (1.8 kg)
Totals 10,900 t 1.54 g/t 16,800 g (16.8 kg)

* Note: The dump resource is ~6,500 t to 10,900 t with a potential yield of 5.8 kg to 16.8 kg of free gold.

Geographic Distribution

Core Asset Locations Across Zimbabwe

Strategic mining exploration and production across Zimbabwe's primary mineral belts.

Lithium Mining Leases

Location: Chisambiro & Kafura Mines, Zimbabwe

Lithium pegmatites (Kafura 12 & 23) with an estimated 24 Million MT resource potential under active exploration for extraction.

Gold Mining Areas

Location: Matabeleland South, Midlands, Manicaland & Bindura

Over 5,000 hectares of acquired gold mining areas across 3 provinces, plus 6.87 Tons inferred potential in Bindura under active exploration.

Gold Findings Background
Investor Documentation

Full Exploration Reports Available

Complete technical reports — including Gold Inferred Potential reviews and Kafura Lithium Pegmatite investigations — are available on request.

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