Concordia Copper Project - Northern Cape, South Africa

Previous focus was on narrow steep underground copper ore-bodies that could be mined from underground.

 

The challenge that resulted from the modelling done was:

  • That the narrow modeled ore bodies were very deep (>400m below surface) and,
  • That they lacked critical mass to justify the development capital for a large commercial mining operation

 

Galileo recognised that a different approach was required that could unlock the copper value.

 

After a review of the entire area it became apparent that any focus on narrow deep copper veins was not the correct approach.

 

We then considered modelling ore-bodies at lower cut off grades and it is becoming evident that the ore bodies are large wide mineralised systems close to surface.

 

Potential for mining on a large commercial scale similar to the copper super pits of North America.

 

Next Steps:

  • Complete a Feasibility Study for the project from the perspective of developing a super pit
  • Infill drilling
  • Metallurgical test work
  • Pit optimization
  • EIA
  • Mine planning & Financial modeling
  • Evaluation team available
  • Revised budget & work program in place
  • BEE in place
  • Advanced Prospecting Right status in place