Description : The renamed Khoemacau Project is located in the centre of the Kalahari Copper Belt in North-Western Botswana. The Ghanzi property covers 2 149m² and contains sediment-hosted copper-silver deposits with a demonstrated cumulative tested strike length of 70km.
Status : Procedural
Type : Mining
Region : Botswana
Sector : Invited / Negotiated
Value : R100 million +
Timing : 2013 onwards.
Notes: Cupric Canyon will approach the market to raise up to $350 million to bring its Khoemacau mine into production. A recent drilling campaign the Zone 5 deposit has define a 100-million-ton high-grade copper and silver ore resource. The construction of the mine is set to start in late 2016 with the first copper shipment expected in 2018.
If you are a valued Projects subscriber, you can find more details at PPA 11481.