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Redefining a new era of copper mining in South Africa

Examples of Project Work

Block Model of Rietberg Copper Mine

Image
Well-defined ore body development in place
Significant upside

Current resource:
2.2Mt @ 2,36% Cu
28kt of copper metal

Selected drill intersections on Wheal Julia North

Image
Well-defined ore body 30,000m drill database
On surface

Current resource:
Resource being defined
6.7m @ 1,16% Cu
7.3m @ 1,58% Cu
2.4m @ 1,15% Cu
5.1m @ 1,64% Cu
8.5m @ 1,97% Cu
5.7m @ 1,53% Cu
10m @ 1,52% Cu
9.5m @ 1,77% Cu
9.1m @ 1,57% Cu
5.8m @1,43% Cu

Economic metrics and key takeaways

NPV
US$
0
million
(DCF of 7.5% based on ReThink resources funding model)
IPR
LOM - 9 years
Capex
US$
0
million
NFC
US$
0
million
Lead time to production
0
months
First capital milestone (Rietberg operations)
US$
0
million
Total lease area explored
Geophysical delineated another Carolusberg mine

lookalike confirmed

with drilling (not modelled or worked into current economic evaluation)