Our portfolio

Expansion Project

Underground mining equipment at Zone 5

The Expansion Project is expected to produce in excess of +125,000 tonnes of copper and +4.5Moz of silver metal per annum (average run rate at full production).

Khoemacau has advanced its’ study work to increase the ore production at Zone 5 from the currently designed 3.65Mtpa to 4.5Mtpa, including completing a study of various processing facility options. The Company has also continued to prove up additional key resources at Mango, Zeta North East and Zone 5 North, which total approximately 76 million tonnes of resources at 2.0% Cu and 34g/t Ag, with infill drilling at each site targeting up to 50% measured and indicated resource to facilitate the Expansion Project. In addition, fully costed and detailed mine plans, schedules and key infrastructure requirements have been completed for the expansion of Zone 5 and the development of the three (3) expansion resources.

The Expansion Project is expected to produce in excess of +125,000 tonnes of copper and +4.5Moz of silver per annum (average run rate at full production). The following table shows the high grade sulphide resources:

ResourcesTonnes & Grade
High grade sulphide resources 168Mt @ 2.1% Cu and 27 g/t Ag
Zone 5 92Mt @ 2.2% Cu and 22 g/t Ag
Zone 5 North, Zeta NE and Mango NE 76Mt @ 2.0% Cu and 34 g/t Ag

Note: Mineral resource estimates are based on 1% copper cut-off and the reported dates are; Zone 5 - Jun ’20, Zeta NE – Nov ’20, Mango NE – Jan ’21 and Zone 5N – Sept ‘19