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Katanga Mining Ltd.
Summary
| Project: | Kamoto Mining Complex | |
|---|---|---|
| Deposit: | Kamoto Mining Complex | |
| Location: | Congo, Democratic Republic Of The | |
| Commodities: | Copper | |
| Date: | 1/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-1-2018: Katanga Mining Ltd. announces a Resource Estimation report for its Kamoto Mining Complex deposit at the Kamoto Mining Complex project. Updated resources and reserves for Katanga Province Assets. Kamoto Copper Company S.A. (KCC) commissioned an | |
| Resources: | (Reserve, P+P): 138.1Mt @ 3.15% TCu, 0.51% Tco at Kamoto | |
| CP/QP: | [Resources]: Christiano Santos Goncalves (Golder Associates) | |
| ABSTRACT: | Kamoto Copper Company S.A. (KCC) commissioned an internal team of professionals at the request of its 75% parent Katanga Mining Limited (KML or the “Company”) to prepare this Technical Report (TR), which complies with the Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101), in respect of the Material Assets (as defined below) owned and operated by KML. KML and KCC engaged Golder Associates Africa (Pty) Ltd (Golder) to supervise the preparation of and independently review all sections of this TR (including sections prepared by Golder QPs) and in this capacity Golder has signed-off and verified that, to the best of its knowledge, all items required by NI 43-101 have been prepared in a format that conforms to the requirements of Form 43-101F1, and that each item includes an answer addressing each question required by the NI 43-101. This report is effective from December 31, 2017. No material changes have occurred between the effective date and the date of signature of this TR. A new mining code was promulgated in the Democratic Republic of Congo (DRC) on March 9th, 2018 (the “New DRC Mining Code”). When in effect, it will replace the mining code that has been in effect since 2002 (and which was in effect on December 31, 2017) (the “2002 Mining Code”). Further detail on the New DRC Mining Code is included in Sections 4.6.1 and 25.3.5.1 | |
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