JV Partnership with Evolution Energy Minerals

The Company is pleased to announce that it has entered into a non-binding Heads of Terms (“HoTs”) forming a Joint Venture Partnership and earn-in agreement with Evolution Energy Minerals Plc (“Chikundo JV Partnership”) to develop the Chikundo Prospect, (“Chikundo”) a volcanic hosted massive sulphide (VHMS) Copper (Cu)-Lead (Pb)-Zinc (Zn) prospect located within the Chilalo Graphite Project in Tanzania.

JV Partnership with Evolution Energy Minerals (PDF file)