ACAP has two key projects.
Letlhakane Uranium in Botswana; one of the world’s largest (global top 10) undeveloped uranium deposits With a massive Uranium resource of 800MT @ 220ppm for 363Mlbs of U3O8. A-Cap is currently progressing project optimisation activities to improve recovered uranium grade and reduce U308 process costs, focussing on acid supply and consumption.
The Wilconi Project represents the Company’s first nickel-cobalt project. Acap is committed to becoming a relevant supplier to the OEM automotive and battery industries by establishing key strategic and commercial relationships to take advantage of new materials processing and refinery technologies.
Shenke International 37%
Ansheng Investments12.3 %
Group 14968 5.5%
Management Ownership – 40%
Dr Andrew Tunks – CEO
Geologist with over 35 years in global mining industry including gold discoveries in Africa and South America and discoverer of the Letlhakane Uranium project in Botswana
Mr Paul Ingram Chairman – A geologist for over 30 years and has extensive experience in corporate and technical management of exploration and mining companies. He has held senior management positions within a number of successful resource companies in the precious metals and energy sectors. Mr. Ingram has worked throughout China, South East Asia and Australia.
Acap is looking for new Investors who are interested in taking a long term position in Metals crucial to the Low CO2 energy revolution U, Ni, Co and who may be interested in offtake arrangements
Recommence Drilling and sampling and testwork for Letlhakane feasibility Study
Continue with drilling and feasibility test work at Wilconi Co Ni
Positive results from Letlhakane Uranium beneficiation testwork
Positive resource upgrade for the Wilconi Project
Updated Feasibility studies incorporating new Resources and Testwork for both projects
Metal prices – looking at new and exciting beneficiation processes for ore types to allow higher grade mill feed
Opex and Capex inflation based on world events and supply constraints – ensuring maximum grade is deliver to mill and scheduling highest return areas for initial mining
After several years of inaction due to low uranium price and inability to raise capital the company is now well funded and debt free. It is significantly undervalued in comparison to its peers. It has two very large shallow, low strip ratio deposits in first class, low risk mining areas.
Very large scale shallow, low strip ratio mining in low risk jurisdictions