The project has maiden JORC resource of 668,000 tonnes at 6.6% zinc, 2.5% lead, 46 g/t silver, and an exploration package covering 16,918 hectares around the mine site. North River is evaluating production with a 200,000 ton per annum plant, as well as drilling for further ore at depth and at various near-mine locations.
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.
|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|
|21.10.2013||Holdings in Company|
|03.10.2013||Director Share Purchase|