Dilolo Metal and Resources SARL
Primary Ticker: Private
Stage of Development: Exploration
Primary Minerals: Copper
Country / Region: Africa, DR Congo
Market Cap N/A
Corporate Presentation: Go to presentation
Project Locations: DMR's Nzilo (PE 707) Copper Project is located in the Lualaba Province of the Democratic Republic of the Congo.
Dilolo Metal and Resources SARL ("DMR") is a private company incorporated under the laws of the Democratic Republic of the Congo (“DRC”) with offices at 4302, Route Likasi, Musompo Village, Kolwezi, Lualaba Province, Democratic Republic of the Congo. DMR is the holder of various PE’s (Exploitation/Mining Permits) and a PR (Exploration Permits) in the Lualaba Province of the DRC. All assets held by DMR are completely unencumbered, legal and valid.
Management Profile:
Xolile Letlaka is a South African citizen and a Mining Executive and Entrepreneur with 20+ years’ experience in exploration, mining, logistics, earthmoving, bulk transportation, high-level contract negotiations and M&A activities. Andries Engelbrecht is a South African citizen and a Mining Executive with 30+ years experience in mining, exploration, asset development, operations management, business improvement and M&A activities.
What are your key goals for the next 3, 6 and 12 months?
3 Months
DMR will commence with activities related to conducting the PFS of the Nzilo Project.
6 Months
Work towards concluding the PFS and detailed scoping of the DFS.
12 Months
Conclude the PFS and commence with the DFS of the Nzilo Project.
What do you think makes your company such a compelling investment?
The Nzilo Copper Project is a large sediment-hosted copper deposit located within the Central African Copperbelt, one of the world’s most prolific copper-producing regions. The project currently hosts a JORC (2012) compliant Mineral Resource of 1.43 billion tonnes grading 0.50% Cu, containing 7.11 million tonnes of copper. The geometry of the deposit is favourable for large-scale open-pit mining, with shallow dipping mineralisation and strong geological continuity. At over 7 Mt of contained copper, Nzilo ranks among the largest undeveloped copper resources globally.
