Stand: ES12
Ticker: Private
Project Name: four projects Ntambu, Dongwe Kalene Hills and Murundi
Project Location: NW Zambia
Commodity Exposure: copper
Company & Project Background: Zamare Minerals is a pre-IPO copper explorer focused on Zambia. The company has four licences in different parts of NW Zambia and in different geological styles, all either near producing mines or near active exploration by other larger companies. Ntambu is contiguous with First Quantum's Sentinel Cu & Enterprise Ni mines, Kalene Hills is in Kamoa-style rocks but in Zambia and on trend with Kamoa; Dongwe is IOCG-style with small artisanal pits mining upto 15.8% Cu (plus 0.57g/t Au). 2024 drilling at Dongwe by Zamare hit up to 0.3% Cu and merits a follow up drill programme. Murundi is near the large-scale Mufulira mine and is exploring new lithologies. Zamare has a strong management team with decades of experience in Zambia and on the Copperbelt As a project developer intent on optimising its use of capital, Zamare is assessing farm-outs of licences and the acquisition of new licences in copper in Zambia.
Project Name: four projects Ntambu, Dongwe Kalene Hills and Murundi
Project Location: NW Zambia
Commodity Exposure: copper
Company & Project Background: Zamare Minerals is a pre-IPO copper explorer focused on Zambia. The company has four licences in different parts of NW Zambia and in different geological styles, all either near producing mines or near active exploration by other larger companies. Ntambu is contiguous with First Quantum's Sentinel Cu & Enterprise Ni mines, Kalene Hills is in Kamoa-style rocks but in Zambia and on trend with Kamoa; Dongwe is IOCG-style with small artisanal pits mining upto 15.8% Cu (plus 0.57g/t Au). 2024 drilling at Dongwe by Zamare hit up to 0.3% Cu and merits a follow up drill programme. Murundi is near the large-scale Mufulira mine and is exploring new lithologies. Zamare has a strong management team with decades of experience in Zambia and on the Copperbelt As a project developer intent on optimising its use of capital, Zamare is assessing farm-outs of licences and the acquisition of new licences in copper in Zambia.