Gold Mine For Sale/Joint Venture in Zambia

This listing presents a significant gold mining opportunity located in chief Nondo, Senga hills, Mbala District, Northern Province, Zambia. The property spans 327 hectares and hosts substantial Alluvial and Reef Gold deposits, with consultant revelations indicating reserves exceeding 400kg of Reef Gold. The mine site demonstrates great potential, with analytical results for gold content ranging from 4g/t to 19.3g/t, well above the typical minimum cut-off grade of 2g/t. In addition to gold, the site has detected other minerals including Tin, Titanium, Copper, Iron, and Zirconium. The business is structured as a PRIVATE COMPANY LIMITED by shares, owned by three Directors. This offering provides flexible sale conditions, allowing for either an outright purchase or a joint venture. The cash flow is described as extremely limited, suggesting the focus is on resource extraction and development potential rather than current operational profit.