Africa’s next mid-tier copper producer. The Company has three main assets: the West Congolian Project which includes the Mbamba-Kilenda flagship development project in the DRC with an existing high-grade copper resource with extensive resource expansion potential; The Kayeye exploration project in the DRC, adjacent to Ivanhoe’s Komoa-Kakula project in the highly prospective Western Foreland and the Lunga exploration project in Zambia. All three projects have significant high-grade resource potential with the Company planning significant exploration programmes in 2023.
Central Copper Resources is undertaking a private placement June/July 2023 and is looking for investor support.
The finalisation of a private placement, with a significant capital raise to advance our highly prospective portfolio of projects. Geophysics programmes over our Kayeye and Lunga projects in preparation for follow on drilling programmes. Initial first phase exploration over the West Congolian Project adjacent to our flagship Mbamba-Kilenda development project.
Commencement of resource expansion and infill drilling over our flagship Mbamba-Kilenda project while concurrently undertaking a PEA on the first planned module of production. Further drilling over the Kayeye project and an initial drilling programme on the Lunga project.
Commencement of the DFS over the first production module at the Mbamba-Kilenda project. Extensive regional exploration over the West Congolian Belt and initial resource statements on the Lunga and Kayeye projects.
Macroeconomic factors are presently the largest risk to Central Copper Resources’ ongoing success. Given the ever-increasing need for more copper as the world moves towards a greener future, the expectation is that copper will continue to attract investment even in uncertain times. Copper is the right commodity at the right time.
Central Copper Resources value is underpinned by its existing high-grade resource at its flagship Mbamba-Kilenda project. The adjacent West Congolian Belt and the Company’s Lunga and Kayeye projects offer additional highly prospective exploration upside to rapidly increase our copper inventory and push towards multiple development projects.
Solid management with specific African exploration and development experience. An existing high-grade resource offering near-term production opportunities. Highly prospective pipeline of exploration projects to be rapidly taken up the development curve.