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usEmerald Mine- Lufwanyama- circa $45B.

Finding Investors for a Business

AIDB-023918

Executive Summary

Santas Mining covers an area of 148.49 hectares and perimeter of 6826.21m. It holds license number 7351-HQ-SML on the Zambian cadastre portal.Previous works done prior to this report include geological mapping, ground geophysics and diamond core drilling. Mapping covered both the Mwanawasa and 'Chiluba pits. 39 drill holes were drilled giving a total meterage of 2616 of which eight where oblique and 31 where vertical holes. Three holes intersected emerald/beryl mineralization.Current works done include but are not limited to geological mapping and geochemical sampling. The mapping established the local stratigraphy and structures. The geochemistry established the evolution history of the different vein types and the rock geochemical signatures. The total weight of the measured resource from the Hanging wall, Footwall and discordant alteration zone is 32, 603, 331.2 grams. 30 percent of this amount is considered saleable. This gives a total saleable weight of 9,780,999.36 grams. This converts to $35,167,094,148.91 when the completely measured resource is mined.The total weight of the Indicated resource from the hanging wall, footwall and discordant alteration zone is 9,497,476.8 grams. 30 percent of this amount is considered saleable. This gives a total saleable weight of 2,849,243.04 grams. This converts to $10,244,310,888.17 when the whole indicated resource is mined. Looking for an investor for circa 20% stake in exchange for $10million to go on mining machinery, wash plant, security for scaling up of current mining operations. Currently getting some stones out but not at a stage of commercial viability.

Opportunity Overview
Country Focus
Zambia
Business Sector
Extractive - Mining
Country of Incorporation
Zambia
About Us

This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.

Contacts List

United Kingdom Steve Lewis

Santas Mining Limited

Exploring Capital raising opportunites on behalf of Santas Mining Limited

About Us

This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.

List of Products
Code Level Title Definition
54121502 Commodity Emerald gemstones
11101534 Commodity Polished diamond Diamond that has been polished at the site of mining to enhance value.
54121801 Commodity Industrial diamonds
11101608 Commodity Lead ore
71101702 Commodity Open pit mining services
11101603 Commodity Uranium ore
54121503 Commodity Ruby gemstones
11101604 Commodity Copper ore
54121501 Commodity Diamond gemstones
12141603 Commodity Erbium Er
About Us

This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.