Operations

Mine Operations

JORC-compliant resource. Modern infrastructure. Proven processing capacity. Restart-ready with the right capital partner.

Location & Access

Strategically Positioned

30 km from Swakopmund, 75 km from Walvis Bay. All road infrastructure, utilities, and surface facilities fully established.

CountryRepublic of Namibia
Nearest TownSwakopmund (30 km)
Nearest PortWalvis Bay (75 km)
Mining LicenseFull Mining License — Active
EPL PermitsEPL 2902 & EPL 5075 — Active
Current StatusCare & Maintenance since April 2020
LHD loader

LHD loader at portal

0 t
Lead In-Situ
0 t
Zinc In-Situ
66M oz
Silver In-Situ
1.12 Mt
Total JORC Resource
Underground operations
Tunnel
Haulage

Underground operations — Tsoaxaub mine

Mining Method

Sublevel Retreat Open Stope

Modern bulk mining method replacing historic narrow-zone selective approach. Higher throughput, lower unit cost, safer underground conditions.

The flotation plant produces two separate concentrate streams:

Stream 01
High-Grade Zinc Concentrate
Stream 02
High-Grade Lead + Silver Concentrate
Investor Enquiry
Plant & Equipment

Processing Infrastructure

Flotation install
Ball mill
Flotation plant
Ore storage
Plant exterior
Production Record

Track Record

PeriodTonnes MinedTonnes ProcessedZn Concentrate (t)Pb Concentrate (t)Status
201970,24147,0823,230729Active
Q1 202028,04022,9662,479354Active
Q2 2020+Care & maintenance. All permits and infrastructure remain active.C&M
Exploration

56 Targets — Significant Upside

The 2022 VTEMPlus survey across EPL 2902 and EPL 5075 identified 56 potential mineral deposit targets — a substantial pipeline beyond the existing 7-year JORC base.

Survey TypeVTEMPlus + Horizontal Magnetic Gradiometer
Survey Year2022
License AreasEPL 2902 & EPL 5075
Targets Found56 potential mineral deposit targets
RC drilling

RC drilling — exploration programme

RC rig at dawn

RC drilling rig — EPL license area

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