Tiberius Gold Mine for Sale in Matabeleland North, Zimbabwe

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Financial Details

Profit Metric:
Cash Flow
Location:
Matabeleland North, ZW
Source:
Date:
September 15, 2025

Key Highlights

Significant gold potential with sample grades ranging from 2.42 g/t to 221 g/t.
Large land holding of 180 hectares in Matabeleland North, Zimbabwe, comprising multiple blocks.
Extensive exploration work completed, including 1,234.64m of diamond drilling and 700m of trenching.

Description

This listing presents the Tiberius Gold Mine, a significant mining property located approximately 90 km north of Bulawayo in Matabeleland North, Zimbabwe. The property spans a total of 180 hectares, divided into three 10-hectare blocks and one 150-hectare block named Lonely. Extensive exploration has been conducted by the owner, Westwood Industrial (Pvt) Ltd, including 1,234.64 meters of diamond drilling and 700 meters of trench excavations. Geological reports indicate promising mineralisation, with sample grades ranging from 2.42 g/t to an exceptional 221 g/t. The seller is seeking to sell the mine due to a lack of funds for production, presenting an opportunity for a buyer with the capital to advance the project to operational status. The asking price is available on request.

Industry Information

Industry Description:
Gold Mining
Classification:
Agriculture

Operational Snapshot

Reason for Selling:
Seller no longer has funds for production.

Real Estate & Lease

Status:
Owned

Listing Details

Listing ID:
b8f382dd-eb91-44b9-b0e8-0c82a3cc3e3b
Deal Status:
For Sale
Date Posted:
April 29, 2024
Last Updated:
September 15, 2025
Currency:
USD

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