valuation of chipindo gold license..., page-22

teefer,

for those that are too excited to read i'll re-post some of the juice, as long as you don't hold copyright.

1. "Angola has numerous mineral deposits, including diamonds, iron, gold, phosphates, manganese, copper, lead, zinc, tin, wolfram, tungsten/vanadium, titanium, chrome, beryllium, kaolin, quartz, gypsum, marble, granite and uranium."

We now possible have many of these.



2. "The supply industry for mining activity is thus not well developed at all and, as with many other activities, companies that are now beginning to operate in Angola are sourcing equipment from South Africa."

I wonder if our board has any contacts in South Africa lol.



3. "producing an estimated 200 000t of high grade copper ore of between 2-23%"

No comment.


Some 70% of Angola's diamonds are considered to be gem quality

No comment.



Acquiring an area with the prospect of the existence of diamonds is really difficult at the moment, and the only option is to go into partnership with people who already possess demarcated areas.

Yummy!


Cheers,