Beruflich Dokumente
Kultur Dokumente
in association with
Country
2016/05/19
Executive Summary
Mauled Resources (Pty) Limited, incorporating Zimbabwe Exploration Geologists (ZEGC) were
requested by Ensign Energia Ltd (representing the Client to conduct a review on the alluvial
diamond exploration licence number PE 3XXX (the actual licence number will be availed to investors) issued by the
Ministry of Mines, Democratic Republic of Congo.
Licence PE 3XXX, is owned by the Client and is located in the vicinity of other operating alluvial
diamond mines in Kasai Occidental Province. It gives the exclusive right from 01/23/2015 to
01/22/2045 to conduct exploration/research works, development and exploitation of diamonds
inside the area covered by the licence.
It presents excellent potential blue sky opportunity as it is located in a geologically favorable zone
dominated by sediments and a pronounced fluvial system.
This report is an initial presentation of the project and will be followed by a more detailed desktop
study report that will follow a reconnaissance trip to the license area.
An initial exploration budget of approximately USD400 000 to USD 600 000 is estimated for the
project. However, this figure will be adjusted upwards or downwards after the reconnaissance trip.
The exploration budget and the relevant exploration phases will be outlined in a desktop study
report.
The Client is seeking for a Joint Venture partner to invest into the project in order to explore, develop
a semi-mechanised mining operation, mine/ recover and sell alluvial diamonds from the project.
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Project Location
Kasai Occidental Province
69km NE of Tshikapa
46km WSW of Kikwit
686km ESE of Kinshasa
Number of Tenements : 1
Size of Tenement
: 344 Hectares
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Tenure Documentation
Licence Type
Exploration
Date Granted
23/01/2015
Expiry Date
22/01/2045
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Project Location
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supported by a deep understanding of their geology sedimentology, stratigraphy, depositional environment and
morphotectonic evolution. Detailed levels of sampling and drilling are critical to resource estimation for alluvial diamond
deposits. source: Rockwell Diamonds ltd
The steps mentioned below are a guide to the steps to be followed in the execution of proper technical approach for the
exploration of alluvial diamonds.
Reconnaissance:
Traversing
Sampling
Data collection
Exploration:
Geological Mapping
Surveying
Planning and
Coordinating
Geophysical work
(Ground Geophysics)
Method Selection.
Sampling and Orientation;
Survey control;
Data acquiring;
Analysis
Geologic Evaluation of
Data; Target Selection
Magnetic
Ground Penetrating
Radar
Nuclear Activation
Seismic
Geochemical
prospecting
Soil,
Stream Sediment
Sample analysis
Statistical treatment
Geologic Evaluation
of Data
Target Investigation
Interpretation
Technical reports
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Pre-Feasibility and Feasibility Studies typically determine the extent to which the estimates of
Mineral Resources may be mined economically.
Such studies also look at how the impact of various environmental, legal, financial, socioeconomic, and marketing issues (together known as the modifying factors) materially affect the
commerciality of the deposit.
The different alluvial deposits have distinct geological characteristics and diamond populations
- these populations can be easily characterized in respect of diamond size frequency studies.
The average sales prices obtained for the different deposits and mines
relate directly to the size frequency characteristics.
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Mauled Resources (Pty) Ltd. Cell: + 27 71 980 1399
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The project presents Blue sky opportunity by virtue of its being located in a geologically favourable
sedimentary environment for alluvial diamond occurrence.
Whilst it is prudent to cover all the various geochemical sampling grids (from 100m x 100m to a
50m x 50m) in order to generate an exploration target, it is hereby proposed to engage in bulk
sampling and processing in order to generate revenue that will be pumped back into the operation
in order to fund the rest of the project.
Bulk sampling and Processing will reduce the need of having to send samples to laboratories.
However, initial geological sampling and possible geophysical investigations can not be avoided in
order to generate possible target zones or blocks on the licence area .
Unlike artisanal operations, semi-mechanisation is proposed for licence 3XXX project in order to
maximise on diamond recoveries.
No exploration work has been done on Licence 3XXX at the moment. The project owners are seeking
Joint Venture Partners for the exploration.
At this stage it is too early for give an estimate of diamond resources/reserves in the licence area
until some exploration work has been carried out. However, the project area lies in a geologically
favourable area for alluvial diamond mining. The area is also more-or-less surrounded by nearby
alluvial diamond operations. Therefore it is recommended to be explored.
Some of the proposed exploration activities for Licence 3XXX will be run concurrently in order to
shorten the exploration program.
Water sources close to the project will need to be located. If no water is found nearby, then
boreholes to supply water to the project will need to be drilled.
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Tag
Task
January
February
March
April
May
June
July
2017
August
September
October
November
December
January
February
March
April
May
June
Traversing
Initial Sampling
Data collection
3 Exploration:
4
5 Geophysical Methods:
6 Trenching and sampling
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All operations, agreements will be governed by the laws of the Democratic Republic of Congo which is the host
state.
The agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation
(including non-contractual disputes or claims) shall be governed by and construed in accordance with the
stipulated laws.
A copy of the 2002 mining code in English is available at http://mines-rdc.cd/fr/documents/codeminier_eng.pdf
The legal system of the host state is based on the French legal system (Napoleonic code). To know and
anticipate the law (and the overall context / environment) of the project, due diligence is to be carried out on;
Mining titles (Exploration, Exploitation, Concessions, Chain of titles) which equates to Security of tenure
Mining agreements (Stability arbitrability)
Infrastructure
Company law
Security law
Laws of "Public Interest" (labour, tax, expropriation, etc.)
Key Issues
The main reason for embarking on a mining project is for profitability. Bankability requires all conditions
(geology, prices, political, legal, etc.) for minerals in the ground to be:
Explored
Mined
Processed
Transformed
Transported
Exported
Sold
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DEAL TERMS
The owners of the project are looking for joint venture partners to help explore,
develop and mine alluvial diamonds in Licence 3XXX .
All options are subject to ratification from the governing mining authority. The best fit
option for both parties will be decided upon evidence of reserves and a profitable
means of extraction and revenue generation from proceeds.
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Contact Details
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