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CLAIRMONT METALS <br/>CORPORATION
Location: Toronto, ON
Sector: Energy & Mining
C lairmont Metals Corporation is a private mining company registered in Ontario, with head office located in Toronto. The company holds 95 % of the Mutamba copper/cobalt and Kitala copper/lead/zinc projects located in the Katanga province of the D.R. Congo.
- High grade Copper – After processing ore, the Copper grade is 25%. Smelters in the Lubumbashi area are in need of such grade.
- Low cost producer – Open pit mine with mineralization near surface allows for reduced operating costs.
- Large license area – 510 sq. km. – Allows a significant increase in mine life and resource potential.
Clairmont Metals Corporation is a private mining company registered in Ontario, with head office located in Toronto. The company holds 95 % of the Mutamba copper/cobalt and Kitala copper/lead/zinc projects located in the Katanga province of the D.R. Congo. Company has two mining rights for 510 sq km of ground. Currently the initial mine area is approximately 1km by 1km. This mine small area’s NI 43-101 report states a copper, zinc, silver, lead mineralization with approximately 98,000,000 lbs of copper and 1,500,000 ounces of silver. During 2016 further exploration & drilling of the mine area, the target is 440,000,000 lbs of copper and a 10+ year mine life. Current sample testing resulting in 3% to 6% copper grades. Production is to restart in June 2016 with a target of 15,000,000 lbs copper produced for the first 12 months.
Simeon Tshisangama, CEO & President & Director
Simeon is the founder and CEO of TSM Entreprise sprl (“TSM”), a private DRC based mining company with a portfolio of exploration and production projects. TSM also owns and operates a blister copper smelter plant and logistical facility in Lubumbashi. Simeon is also a director of African Metals Corp. (TSX-V: AFR).
Daniel Gregory, CFO & Director
Dan’s extensive financial and management experience including CFO of junior mining companies, past Partner of a Chartered Accounting firm and developer of various businesses in healthcare and software industries.
Stephanus De Kock, COO
Stephanus is the founder of Scorpion Mineral Processing International Inc., “SMP”, based in Johannesburg, South Africa. His mining focused consulting firm engages in the improvements of mining plants in Africa. SMP has extensive experience in the DRC where SMP improved profit at Tiger Resources (public company operating in the DRC) and others.