The Jimbe Project is held under Large-Scale Mining Licence No. 17894-HQ-LML, granted by the Zambian Ministry of Mines and Minerals Development commencing 15 December 2014 and valid to December 2039. The licence covers approximately 249 km² in the Ikelenge District of North-Western Province — Zambia's fastest-growing copper region, home to the Lumwana and Kansanshi mines — and permits the exploitation of copper, nickel, cobalt, chromium, gold, silver, titanium, vanadium and rare earth elements.
Exploration at Jimbe has targeted magmatic copper–nickel sulphide mineralisation from the outset. Two phases of gridded soil geochemistry totalling more than 8,700 samples, followed by a 17-hole, 2,754 m diamond drilling campaign, have defined four discrete targets: Kamafumbo, Salujinga and Nkalamu (copper–nickel–chromium anomalism over mafic/ultramafic terrain) and Mukanjila (a secondary rare-earth target in granitic terrain). Drilling intersected a previously unmapped mafic–ultramafic intrusive complex on the trend of the Kabanga–Musongati–Kapalagulu belt — a geological setting that hosts major nickel–copper sulphide deposits in Tanzania and Burundi.
The Project's Environmental Impact Statement was approved by the Zambia Environmental Management Agency in September 2014, and an Environmental and Social Management Plan aligned with IFC Performance Standards is in place — giving the Project a rare combination for a greenfield asset: granted mining tenure, environmental approval, and defined drill-ready targets.
The Zambia–Angola–DRC Tri-Border
The Project sits in the Mwinilunga/Ikelenge District of North-Western Province, its western boundary defined by the Jimbe River on the Angolan border and its north by the DRC frontier. Access is via daily domestic flights to Solwezi and the state-maintained T5 highway to Mwinilunga.
Regional power is supplied by the Zengamina hydroelectric plant near Kalene Hill — clean, low-cost generation currently operating below capacity — while skilled labour and specialised services are available from Solwezi, Ndola and Lusaka.
Copper Country: Between the Copperbelt and a Proven Sulphide Belt
The Project is underlain by ancient lithologies of the Congo Craton, in close proximity to the Lufilian Arc that hosts the Central African Copperbelt to the south-east — the province where copper is mined at Lumwana, Kansanshi and Kalumbila — and to the Kibaran Orogenic Belt. Copper and nickel soil anomalism within the migmatite zone, first identified by independent consultants Aurum Exploration Services, pointed to possible magmatic sulphide mineralisation and drove the drill targeting.
Diamond drilling confirmed a previously unmapped mafic–ultramafic intrusive complex on the trend of the Kabanga–Musongati–Kapalagulu belt — the same geological trend hosting major nickel–copper sulphide deposits in Tanzania and Burundi — with precious-metal enrichment identified in the weathering profile as an additional value driver.
A Drill-Tested Copper–Nickel Sulphide System. Four Defined Targets.
The Path to a Maiden Resource
The Project is a greenfield exploration asset. No Mineral Resource or Mineral Reserve compliant with an internationally recognised reporting code has yet been declared, and the forward programme described above is designed to progress the Project toward that milestone. Forward-looking statements are subject to exploration risk.
Fully Permitted for the Current Stage
Technical Documentation — Available Under NDA
Complete technical documentation — including independent technical review and valuation reporting, the full Environmental Impact Statement, drill logs, assay databases and geochemical datasets — is made available to qualified investors through our secure data room following execution of a confidentiality agreement.
Private investors: the portfolio is open to private participation — see the Investor Centre.