Greenfield Exploration Targets in Mozambique

8/11/2019 Greenfield Exploration Targets in Mozambique

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EXPLORATION TARGETS INMOZAMBIQUE

by Lino Cassimo


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Mozambique

.Mozambique is situated on the eastern

seaboard of Southern Africa, between

latitudes 1027S and 2700S, and

longitudes 3012E and 4051E;

.Total area: 799.380 km, land borders

extend 4.445 km, and the coastline is

2.515 km long;

.11 provinces, 128 districts and 44

municipalities;

.Multi-party democracy with executive,

legislative, and judiciary system;

.GDP growth is above 6%, annualpopulation growth of 2.3 percent, and

literacy rate at 54% of people over 15

years of age. 80% of the population

involved in agriculture; subject to natural

hazards;

.Recent large investments in extractive

industries due to resource discoveries;


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The Objective

To introduce potential investor(s), junior exploration and mining companies the opportunity toexplore nickel, gold, graphite, and quarry in northern Mozambique;

To attract partner(s) with financial, technical and operational expertise enabling appropriateassessment of greenfield area in northern Mozambique;

To provide a brief description of the tenement legally acquired in the Republic ofMozambique;

To reach agreement entailing the implementation of reconnaissance and appraisal programfor the area referred in presentation;

To establish a partnership with the purpose of identifying, exploring and mining thecommercially-exploitable resources in the area;

To produce appraisal results that confirm preliminary assessment of resource existence, andsecure funding for further project development;

To add shareholders value, secure capital to develop project to bankable and environmentalfeasibility studies, and attract larger investors capable of bringing project into production;

To invest available capital, technical expertise and time to identify the area with mostpromising mineral resource base;

For additional information email [email protected] contact Lino Cassimo+258823647585

Classimus Lda. Av. Keneth Kaunda N 624, Maputo

Tel +258823647585 | Email [email protected]
mailto:[email protected]:[email protected]


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Potential Target Areas: Cabo Delgado & Nampula

Nickel Tenement

.Meconta, Nampula;

Gold Tenements

.Chire, Cabo Delgado;

.Memba, Nampula;

Natural Graphite Tenements

.Ancuabe, Cabo Delgado;

.Mecufi, Cabo Delgado;

.Montepuez, Cabo Delgado;

.Namuno, Cabo Delgado;

Quarry Tenement

.Nipaco/Metuge, Cabo

Delgado;


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The Vision

To become a reliable local partner to international companies looking to invest in exploration

and mining opportunities in Mozambique;

To partner with international companies that uphold high operational, environmental, social

and corporate governance standards;

To develop and execute projects that promote industrial development, create jobs and

stimulate economic growth; To apply business models that generate desirable return on investments to shareholders;

To implement financial, accounting and reporting practices that validate our commitment to

attracting long term investors in our projects;

To secure long term partnerships enabling continuous identification and involvement in future

exploration and mining projects in Mozambique, and the SADC region;

To ensure optimal management of funds and resources available for projects;

To develop our feasible projects into assets that produce commodities, resources which are

desirable in global markets;


Tel +258823647585 | Email [email protected]


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Nickel Tenement

Meconta, Nampula

License no. 6266L with total area 13.564 Ha

Latitude Longitude

152430.00 393430.00

152430.00 393230.00

151545.00 393230.00

151545.00 393830.00

152100.00 393830.00

152100.00 393800.00

152145.00 393800.00

152145.00 393430.00


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Gold Tenements

Chire, Cabo Delgado

License no. 5029L with total area of 16.000 Ha

Latitude Longitude

134000.00 393500.00

134000.00 394500.00

133500.00 394500.00

133500.00 393500.00


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Gold Tenements

Memba, Nampula


Latitude Longitude

140300.00 401930.00

140630.00 401930.00

140630.00 401800.00

141000.00 401800.00

141000.00 401345.00

140500.00 401345.00

140500.00 401200.00

140300.00 401200.00


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Ancuabe, Cabo Delgado


Latitude Longitude

130445.00 401730.00

130445.00 401030.00

130145.00 401030.00

130145.00 401230.00

130000.00 401230.00

130000.00 401730.00


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Mecufi, Cabo Delgado


Latitude Longitude

131600.00 402400.00

131700.00 402400.00

131700.00 402700.00

132500.00 402700.00

132500.00 402215.00

131600.00 402215.00


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Montepuez, Cabo Delgado


Latitude Longitude

131430.00 384000.00

131430.00 383800.00

131145.00 383800.00

131145.00 383930.00

131000.00 383930.00

131000.00 394215.00

131300.00 384215.00

131300.00 384000.00


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Namuno, Cabo Delgado


Latitude Longitude

133300.00 390430.00

133645.00 390430.00

133645.00 385945.00

133615.00 385945.00

133615.00 384930.00

133545.00 384930.00

133545.00 384630.00

133300.00 384630.00


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Quarry Tenement

Nipaco/Metuge, Cabo Delgado

CM N 40/2013 with total area of 180 Ha

Latitude Longitude

130430.00 401415.00

130430.00 401500.00

130500.00 401500.00

130500.00 401415.00


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Extractive industries activities in Mozambique

.The 5th licensing round for natural

gas blocks is expected to takeplace during the course of 2014;

.Anadarko Petroleum, ENI East

Africa, Petronas, Statoil and Sasol

Petroleum are currently involved innatural gas exploration;

.4 separate coal mining projectsscheduled to kick off in the course

of 2014;

.Vale Moambique, Rio Tinto and

Beacon Hill Resources haveoperational mines expected to

produce above 1MMtpa;

.Infrastructure upgrades and ground

up projects are underway to

accommodate resource exports,

particularly of bulk commodities;


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Regional Context

MozambiquesInvestment Promotion Centre reportsthat industry, which includes mining andhydrocarbons, attracted most investments in 2013;

Anadarko and ENI plan to install a large-scaleLNG development to accommodate recoverableresources in the range of 5070 trillion cubic feet(tcf);

Mozambique natural gas recoverable resourcesare estimated above 100 tcf;

7 multinational companies will be mining coal in theresource-rich Moatize district Tete Province by theend of 2014;

Syrah Resources, Auroch Minerals, Triton Mineralsand Gemfields have rolled out drilling programs inMozambique;

Sasol Petroleum, the first mover in oil & gas inMozambique, announced first commercialproduction and sale of crude oil scheduled for2014, capable of delivering 2000 barrels perday;

Recently, Mozambique has been host to world-classdiscoveries involving coal, natural gas and naturalgraphite;

Over $6bn have been invested in mining andhydrocarbon projects in the last 5 years in EastAfrica;

Statoil and BG Group plan to build a $15bn LNGplant in Tanzania, having recoverable reservesbetween 1013 trillion cubic feet (tcf);

Kenya, Comoros and Madagascar have reportedmultinational investment inflows related to miningand hydrocarbon exploration;

Tanzania and Madagascar have recently attractedcompanies interested in exploring precious metalsand industrial minerals;

Several mining juniors have advanced drillingprograms in Malawi, Tanzania and Zambia forgold, nickel and graphite exploration;

Most projects in the East Africa region face lack ofinfrastructure challenges that require nationalstrategic plans, roads, railways, and portdevelopments to be in place;

Political and economic stability, security,transparency and attractive business environmentare critical to the whole region;

Classimus Lda. Av. Keneth Kaunda N 624, MaputoTel +258823647585 | Email [email protected]


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Access to global markets

According to reports the East Africa region could become the worlds next oil and gas export hub in the

foreseeable future due to ambitious projects being developed in Kenya, Mozambique and Tanzania;

Mozambiques hydrocarbon developments intend to target Asian markets, where countries such as China,

India, Japan and South Korea experience gas shortages;

Coal projects by Vale Moambique, Jindal Steel & Power, Rio Tinto target future demand from steel making

industries, mainly, in China and India;

International companies engaged in advanced gold and natural graphite projects in Mozambique havereported securing funds for additional drilling in their respective areas;

Most companies involved in exploration and mining in East Africa are active members of reputable stock

exchanges ,such as the Australian Stock Exchange (ASX), the Toronto Stock Exchange, the London Sock

Exchange, where they are capable of raising capital to fund their projects worldwide;

The price of gold forecasted for 2014 is US$ 1,200.00, while nickel has been earmarked at US$ 20,000

this year by Vale, and agreements between future producer and consumers of graphite, in the industrialminerals space, have been signed with an established base price of US$ 1,000.00 per tonne;

Recently, the Chinese Government has imposed a ban on graphite mining activities due to environmental

and pollution concerns. China supplies 70% of graphite, and this ban is expected to reduce graphite supply

by 30%;

Indonesias ban on unprocessed nickel in January 2014 is expected to curtail supplies;

In 2013 China has surpassed the United States as the largest global gold consumer for the first time;


Tel +258823647585 | Email classimus lda@gmail com

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Greenfield Exploration Targets in Mozambique

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