Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fantastic looking news today. More importantly, it hopefully clears the way for the news we are all waiting for! Can’t wait until we have multiple drills turning and what the assay results show!
Things are getting interesting!
Viable, Nick isn’t driving this bus, the one he is driving is about to pick up some important passengers to continue the journey.
Ella you seem to have turned negative again, are you still holding?
Unfortunately we are still reminded of your opinion that Arcm would be 1.6p on Valentine’s Day, as such any predictions by you don’t carry much weight.
Some weird types on Twitter at the mo bro. Goodness knows how many accounts this fellow has had now. Seems to have a unhealthy obsession with NVS. Just crack one out bro! Ask mummy for a hug next time you see her bro. Strange person bro.
First of all I want to apologise for what you are about to read.
Hopefully I have not got too far ahead of myself at the end.
Thanks to all who have so far contributed to The Journey!
When times were hard and trying;
And all we had was selling and very little buying!
When sentiment was meandering towards its low;
And this board turned in to the Ella show!
When ChinaBlue and Gavin Cornish were adding to the depression;
And working hard on their Chuckle Brother’s impression!
When hope felt like it was running out;
And Mumena and friends filled the trough with their snout!
When darkness tried to suffocate us;
and there were those who tried to comfort us!
When Fulmar, SeisNav, Fukurokuju, Kullybahia and all;
Tried to catch us from the stumble and soften the fall!
When FatBoy worked hard to open our eyes;
And all we could see were dark clouds and darker skies!
When Ruffles tweeted, gathering a cult following;
And attempted to drag us out of our loathsome wallowing!
When Nick and Remy worked tirelessly to get a major to finally sign;
And the drills started turning and discovered a first class mine!
Excuse my ignorance Ella, but you would appear to be saying that there is an SP Angel link with Zamare and Moxico Resources.
Being that SP Angel are helping/helped Zamare raise funding for their IPO and then John Meyer is a shareholder in Moxico Resources. 20th Sept 2021 Confirmation Statement for Moxico Resources has a John Meyer as a shareholder.
And you also think John Meyer posts on the bulletin boards? Sore head sorted for the afternoon. Thanks!
I hadn’t intended to rake up some old muck, just to show where I had previously seen the connection. Unfortunately I was unable to find any articles that were complimentary to both parties. I think the court case is ongoing?
You do telegram too? This and the odd post on advfn already take up too much of my time and give me a headache, never mind being on any other groups!
I knew the name Moxico Resources was familiar and had read a connection with Mr Bird.
https://www.lusakatimes.com/2019/08/02/you-are-the-company-you-keep-a-tale-of-two-mining-companies/
http://ibiworld.eu/en/from-bad-to-worse-sambia-at-the-time-of-edgar-lungu/
Zamare was established in 2018 to identify, acquire and explore for mineral deposits, especially those minerals required in the growing renewable energy markets, such as copper. It is currently focussed on the Zambian side of the Central African Copperbelt, the world’s largest and highest-grade copper/cobalt province. Zamare’s strategy is to acquire and de-risk a portfolio of what the Directors believe is highly prospective exploration acreage in Zambia to locate the next generation of copper mines. Other metals are also prospective on the licences, including cobalt, nickel and gold. Zamare’s portfolio of assets includes 5 licences totaling 1,121 km2 and covers a range of geographical areas and differing potential mineral styles. Two licences are next to large, producing mines and are relatively under-explored. Other licences are located in regions of discovered mineralisation where other sizeable exploration companies are also carrying our exploration activities.
22nd March 2022
Zamare announces over-subscribed pre-IPO financing
Zamare Minerals Limited (“Zamare” or “the Company”) is pleased to announce that it has raised over £600,000 in an oversubscribed private placing that included existing shareholders and new investors.
These funds were invested at a price of £3/share with a half warrant at £4/share which has a three-year life. These terms were identical to those of the financing in April 2021, even though the Company has made material progress on four of its five exploration licences in Zambia.
The new funds will be used to maintain exploration momentum on Zamare’s Ntambu and Dongwe licences in Zambia, building on the good results of 2021, and to fund the costs for the Company’s planned Initial Public Offering (“IPO“) in London in 2022.
Managing Director of Zamare, Roger Murphy, commented, “We are delighted by this support from new and existing shareholders in challenging times. These funds will allow us to further advance the very encouraging work we completed on our Ntambu and Dongwe licences in the 2021 field season. It will also fund the work necessary for Zamare to list on the stockmarket in London this year. I would like to thank SP Angel for their support in this raise.”
Zamare currently has five 100% owned Licences in Zambia totaling 1,121 km2;
• Ntambu (204 km2). The licence is contiguous with and along trend from First Quantum’s Enterprise nickel and Sentinel copper mines and along the same basement high as ARC Minerals, who have reported exciting results. Zamare has signed a Technical Cooperation Agreement with First Quantum Minerals over Ntambu. In late 2021 Zamare completed 6km of ground AMT geophysical surveys (a widely used electro-magnetic survey techniques to map geological structures at depth) across 3 lines at Ntambu. The lines were planned to test the effectiveness of AMT for imaging through Kalahari cover. Results show excellent correlation with logged geology and potential drill targets were identified. As a result, AMT lines will be collected across the whole of the Ntambu licence in the current field season;
• Dongwe, (782 km2) consisting of three licences also in the North-West Province, in an area with current artisinal mining and where other companies are drilling for copper now. The Company assayed 15.8% copper and 0.57g/t gold from an artisanal pit on the Dongwe licence in late 2020. In 2021 Zamare
completed a 9,173 point, regional soil sampling programme with good results that identified multiple potential drilling targets;
• Murundi (135 km2), located in the prolific Copperbelt and adjacent to the Mufulira Copper mine, one of Zambia’s ‘Big Four’ mines. Zamare has signed an earn-in and joint venture agreement with Rio Tinto on Murundi;