InvestingHaven.com predicts that the price of silver will move...

InvestingHaven.com predicts that the price of silver will move to their first bullish target in 2024, which is $34.70. They further anticipate that silver could hit $48, either by mid-2024 or mid-2025

Following completion of the drilling campaign, the Company believes it will be able to generate a Measured/Indicated Mineral Resource Estimate for the Nxuu Deposit, compliant with the 2012 JORC Code. A revised Mineral Resource estimate will enable the Company to proceed to a Pre-feasibility study, followed by a Definitive Feasibility Study

Test Work for onsite recovery of Gallium and Germanium Samples have been submitted to laboratories for metallurgical test work to confirm to what extent Gallium and Germanium can be recovered on site. The sample preparation has now progressed to a point where the samples are ready to be subject to mineralogical test work to determine the host minerals for Gallium and Germanium. Once the host minerals have been determined, metallurgical recovery test work will then be conducted. During the quarter initial gravity and leaching test work was programmed and commenced in mid-January 2024.

Should be news anytime now re test work for recovery Germanium & Gallium $$$

MTB is ridiculously undervalued. Only 2m mkt cap is laughable

Should be trading at least 5 cents + will still be only 50m mkt cap.
You will not find better value on the asx
Boom time is coming, silver predicted to reach $48 per ounce
10 to 20 cents

Kihabe-Nxuu Project in Botswana: Mount Burgess owns the Kihabe-Nxuu Project in Western Ngamiland, Botswana, approximately 700 km northwest of the capital **orone. This project is prospective for several minerals:

• Zinc
• Lead
• Copper
• Silver
• Vanadium
• Gallium
• Germanium

Kihabe and Nxuu Deposits in Botswana:

• Kihabe Deposit: Mount Burgess is currently developing the Kihabe Deposit in Botswana. This deposit contains indicated and inferred 2004 JORC-compliant resources of approximately 25 million tonnes with a 3% Zn/Pb grade. Additionally, it hosts 3.3 million ounces of silver².
• Nxuu Deposit: Located just 7 kilometers away from Kihabe, the Nxuu Deposit also contributes to Mount Burgess’s portfolio. It contains similar zinc, lead, silver, germanium, and vanadium mineralization

Botswana has indeed established itself as a remarkable mining jurisdiction. Let’s delve into the factors that contribute to its attractiveness:

1. Stable Regulatory Environment: Botswana’s Mines and Minerals Act serves as the cornerstone of its mining business environment. This legislation outlines the rights and obligations of both the government and investors. Companies secure exclusive mineral search rights for a modest fee. Remarkably, the mining law has been amended only twice in over 50 years, providing long-term predictability and investor protection¹.
2. Investor-Friendly Policies: Botswana has successfully created an investor-friendly climate for mining companies. According to the Fraser Institute Annual Mining Survey, Botswana consistently ranks high in policy attractiveness. The rankings consider both geological potential and the impact of government policies on investor sentiment. Surprisingly, Botswana outpaces countries with greater mineral wealth due to its favorable policies¹.
3. Historical Success: Until March 2022, Botswana operated without a formal mining policy, relying on informal guidelines. Despite this, the country maintained a positive relationship with mining companies, including De Beers.
4. This stability and cooperation have contributed to Botswana’s impressive performance in the mining sector¹.

While Botswana has faced challenges (such as a recent drop in attractiveness), its historical success and commitment to stable regulations make it a compelling choice for mining investments². The Fraser Institute even ranks it as the most attractive jurisdiction in Africa in terms of both policy and mineral potential