General discussion, page-68

DLE/LPD EPL 5555

While we wait a bit of musing.
Takes me back to more youthful days when I walked for a living for bhp exploration.
Epl 5555 received final Enviromental Clearance Certificate (ECC) September 2019. Epl 5555 is a 553km sq
strip which averages approx 6km wide by some 80km long that follows the Karribib fault.
From the EIA Report for exploration sept 2019 "EPL 5555 falls within the central Damara Belt which is regarded
one of the highly prospective areas for base and rare metals,industrial minerals and precious metals in Namibia.
13kms to the NE of Karribib Canadian company Osino resources announced it's Twin Hills gold discovery.
Navachab multi mil oz gold mine lies a few kms to SW of Karribib. Both along the Karribib fault.
Since January 2017 Osino resources has tripled its total tenament position securing a large area north of Navachab.
Epl 5555 is approx 15kms south of Navachab. Towards the southern end of Epl 5555 there are known occurrences
of Au,Cu,Li,Rare earths.
LPD cannot afford to go chasing the next shiny thing but Epl 5555 came with the package and is a prime bit of
exploration real estate IMO. JV/SALE?.
A good site to visit- Namibia Mining Cadastre Portal.