The project has a current JORC resource of 1,527,000 tonnes, with resulting in-situ metal inventory of:
North River is evaluating production with a 250,000 tonne per annum plant, as well as drilling for further ore at depth and at various near-mine locations situated on its exploration package covering 16,918 hectares.
In addition to the Namib project, the Company has numerous other interests in both Namibia and Mozambique covering
phosphate, iron ore, copper and gold. North River has a 23.8% major shareholder, Taurus Mineral Limited, a joint venture between CGNPC, the largest nuclear power company in China, and the China-Africa Development Fund, the largest state equity fund investing in Africa.
|28.03.2014||Admission of Placing Shares & Major Shareholder Update|
|21.03.2014||Completion of 200,000 GBP Placing|
|06.03.2014||Significant high grade drilling results at the Namib mine|
|29.01.2014||Completion of Â£1,025,000 Placing|
|20.01.2014||EIA & EMP Submission|
|12.12.2013||Substantial Resource Upgrade at the Namib Lead Zinc Silver Project|
|01.11.2013||New Company Presentation|
|30.10.2013||Holdings in Company|
|29.10.2013||Commencement of Resource Drilling at Namib Lead Zinc Silver Project in Namibia|