Unicorn Mineral Resources Transitions From Explorer to Producer with its Klein Aub Copper Project
Unicorn Mineral Resources Plc (LSE:UMR) has announced the signing of a formal Share Purchase Agreement to acquire a material 75% interest in Q Global Copper Namibia (Pty) Ltd ("QGC Namibia"). QGC Namibia holds two granted Exclusive Prospecting Licenses covering 6,536 hectares in the Kalahari Copperbelt, comprising the historic Klein Aub Copper Mine, its surface resources, and extensive exploration potential (the "Klein Aub Copper Project").
Non-Executive Director, Jason Brewer, discusses the near-term production opportunity of this brownfield project in Namibia and explains the historical tailings resource, existing infrastructure, funding requirements and the copper recovery test work completed to-date.
What investors will learn:
Why Unicorn selected Namibia for its first overseas acquisition
How tailings could provide a near-term route to production and revenue
How silver could contribute additional project value
The importance of recruiting an in-country management team
What potential underground resources could offer beyond the tailings
What newsflow investors should expect over the next 6-12 months
Non-Executive Director Jason Brewer of Unicorn Mineral Resources Plc was interviewed by Sarah Lowther for focusIR.