Mkushi Project |
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Country |
Zambia
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Province |
Central |
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Close to |
Kapiri mposhi |
Status |
ADVANCED DISCOVERY
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Surface |
467 km² / 115,396 acres |
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Latitude / Longitude |
13 S 35 / 29 E 23 |
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Legends
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Risk and valuation analysis of the Mkushi Project |
Status Risk : Advanced discovery |
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Title(s) of the Mkushi Project |
| CGA Mining Ltd Joint venture: 51% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| African Eagle Resources PLC Joint venture: 49% |
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Title | Company Profile | All Projects | Company website | Company project page |
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In July 2006, African
Eagle signed heads
of agreement for a
joint venture with
CGA Mining Limited.
U n d e r t he
agreement, African
Eagle and CGA will set up a joint venture vehicle to
explore the licences and develop the Mkushi project,
holding 49% and 51% interests respectively. |
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Location of the Mkushi Project |
The Mkushi copper project is located close to the southern limb of the Zambian copperbelt approximately 60 kilometres from the regional centre of Kapiri Mposhi and 250 kilometres north of the State capital of Lukasa.
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History of the Mkushi Project |
Discovered in 1922, the Mkushi project deposits were first mined by underground workings, then developed as an open pit operation in the late 1960’s. The open pit ore was delivered to a conventional copper sulphide concentration plant which successfu more...
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Geology of the Mkushi Project |
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The region is underlain by gneisses, schists and quartzite horizons of the Basement Supergroup, intruded by
syn-to-post tectonic granites, aplites and pegmatites which host the Mkushi copper mineralization. The Mkushi
deposit is not on the well-known Zambian Copperbelt.
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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