https://www.miningweekly.com
Africa|Copper|Exploration|Mining|PROJECT|Projects|Resources
Africa|Copper|Exploration|Mining|PROJECT|Projects|Resources
africa|copper|exploration|mining|project|projects|resources

Unicorn to expand its exploration focus to Africa

2nd April 2024

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announced that the board has unanimously supported a proposal by executive director Jason Brewer to expand the company's focus to include advanced and near-term zinc, lead, copper and silver projects in East and Southern Africa.

At the time of Brewer's appointment in December 2023, it was noted that he brought considerable experience and contacts across the mining industry in general and in Africa in particular, thus providing the company with access to new opportunities to expand and enhance its portfolio of mineral rights and licences.

Further to Unicorn continuing exploration plans and activities at its wholly owned Kilmallock and Lisheen projects in the Irish Midlands Orefield, its executive management team has been conducting initial technical and legal due diligence review work on a select number of what it considers to be high-value base metal exploration and development projects in East and Southern Africa.

The board says targeted investments in these, or similar, mine development and production opportunities, which are considered to demonstrate an ability to be advanced through to production in a relatively short timeframe, could be capable of significant enhancements to shareholder value.

“I am excited about what this expanded focus on new project opportunities in Africa will bring to Unicorn and its shareholders.

“The style of base metal mineralisation that we have been exploring for in our various Irish projects has strong analogies to that found in many high-grade copper, lead and zinc projects located in East and Southern Africa.

“And with that in mind, I believe we have the necessary experience to both properly review and assess such projects and with the experience of our Africa-based executive director, Jason Brewer, be able to successfully advance them towards production and bring value into the company and to our shareholders,” says chairperson Patrick Doherty.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.209 0.244s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: