Nzuri Copper

Primary ticker: ASX:NZC
Stage of development: Development
Primary minerals: Copper, Cobalt
Project to promote: Kalongwe Copper- Cobalt Project

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Nzuri Copper is an exploration and development company focused on the identification and development of high grade Cu-Co projects in the DRC Katangan Copperbelt

Nzuri has significant interest in a portfolio of permits that cover 350km2 of highly prospective ground. Kalongwe the company’s flagship project, is a near surface oxide JORC resource of 302kt Cu at an average grade of 2.72% Cu that also includes 42kt Co at 0.62%Co.

Nzuri is currently focused on funding & development of the Kalongwe Project whilst drill testing high priority exploration targets on its exploration permits

Colts Report HZA Report

Management Profile

Mark Arnesen – CEO

Mr Arnesen has extensive expertise in the structuring and negotiation of finance for major resource projects. He is a Chartered Accountant with over 20 years of experience in the international resources industry.

Adam Smits – COO 

Adam is a mechanical engineer with a successful 20+ year career across Australia and for the past 10 years in francophone West Africa where he has held a variety of project development and operational roles

What is your rationale for attending 121 Mining Investment?

Pursuit of Funding solutions for the Kalongwe Copper-Cobalt Project in the DRC

What recent news would you like to highlight to investors attending?

– Corporate Investor presentations 2018
– Canaccord & Hunter Capital Research notes
– Quarterly Announcement dated 31/7/18
– DFS update dated 16th April 2018

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Fund Kalongwe Project

6 Months:

Commence construction of Kalongwe Project

12 Months:

Commence production at the Kalongwe project

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Overcoming negative perception related to recent mining code revisions

Significant engineering and early-works to de-risk as many aspects of the project as possible being pursued

In a sentence, what do you think makes your company such a compelling investment?

Compelling project economics and near term production capacity