KGL-ERW SPRL
Overview
KGL-ERW SPRL of which KGL has a 75% shareholding, comprised some 23 exploration licences (PR’s) in 2010 (PR2226; PR2227; PR2228; PR2229; PR2230; PR2231; PR2267; PR2274; PR2285; PR2286; 2287; PR2288; PR2289; PR2290; PR2291; PR2292; PR2293; PR2294; PR2295; PR2296; PR2297; PR2298 and PR2301). On these properties, KGL-ERW SPRL has/had the rights to prospect for: Au; Ag; Sn; Cr; Nb; Ta and Fe.
In accordance with the DRC’s relinquishment and renewal requirements for exploration licences, namely upon renewal, 50% of the licences must be relinquished. Eleven of the PR’s associated with KGL-ERW SPRL have have been released, 11 transferred to a new holding company KWR Iron SPRL and one retained (PR2274).
It is pertinent to note that PR2274 is also contiguous with a KGL-Sihu exploration license.
Forward Work Plan
We will undertake a soil sampling programme on one of the PR’s in due course. This PR is contiguous with KGL-ERW’s, PR 2274.
Related Documents
Related Presentations
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| Investor Gold and Iron Ore Presentation | |||
| Investor Gold and Iron Ore Presentation | |||
| Investor Gold and Iron Ore Presentation |
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