MASHAVA Texus 8 Gold Mine 38 ha
Mine Tailings Evaluation for Gold at Mashava, Masavingo Province And Bemas, Bulawayo Province, Zimbabwe Shaurya Resources, Harare
Findings from studies conducted at Mashava and Bemas mine tailings.
Here’s a summary of the key points:
1. **Total Reserves and Economic Values**: The studies identified the total reserves of the tailings and their current economic values.
2. **Economics of Extraction**: The economic feasibility of extracting resources from the tailings was analyzed.
3. **Metallurgical Tests at Mashava Mine**: These tests identified the required process technology and machinery for CIL-CIP (Carbon-in-Leach, Carbon-in-Pulp) and electrowinning units.
4. **Lack of Gravity Separation Simulations**: The absence of gravity separation simulations has hindered the optimal selection of machinery and the determination of gold recovery levels.
5. **Project Components**: The studies also outlined general project components, including area accessibility, weather and rainfall data, and the history of gold mining from a foreign investor’s perspective.
This comprehensive approach highlights the potential and challenges of the mining project, emphasizing the need for further simulations to optimize gold recovery and machinery selection.
Full report available on request
Location: Bolayo Zimbabwe
Gold Mine Share are being sold by Deceased member
Location: Bulawayo Zimbabwe
Investment Opportunity: Sefwi-Esaase Prospecting License
License Holder: HIMEROS MINING Limited License
Term: 3 years starting from 11th May, 2020
Financial Projections
Net Profit: US$19.9 million over the project life.
Net Cash Flow: US$19.88 million over 12 years.
Net Present Value (NPV): US$9.13 million.
Internal Rate of Return (IRR): 36%.
Project Details
Reserve Estimates: 3,422,005m³ @ 0.55g/m³, totaling approximately 62,830 ounces of gold.
Prospects: Esaase West, Esaase Central, Esaase East, Esaase South East.
Investment Opportunities
Shared investment costs, shared risks, and combined expertise.
Requirements: Detailed terms and conditions to be negotiated.
Outright Sale Benefits: Immediate financial return for HIMEROS MINING Limited.
Requirements: Potential buyers to meet financial and operational criteria.
Mining and Processing
Processing Plant: Gravity treatment plant powered by a 250KVA diesel generator.
Life of Mine: Estimated at 12 years.
Total Project Cost: Estimated at US$5.91 million.
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Address: 447 Broadway 2nd floor #523, New York, NY 10013, United States
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We pay $10 for a google review and We are looking for partnerships with other businesses for Google Review Exchange. Please contact us for more information!
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