EXECUTIVE SUMMARY
Overview
Osprey Resources Limited (ORL), a Zambian registered private limited company, holds the mining rights over the 35,552.235 Ha Large-Scale Prospecting Licence Number 30426-HQ-LEL tenement, located in Chief Matebo Chiefdom, 47Km from Kalumbila Town Council offices, Kalumbila District, North Western Province. The project area is uninhabited with the nearest settlement located about 10km away. There are no activities in the project area, apart from some exploration works, hence this is a greenfield project.
Project objectives
The objectives of the project are to exploit the Copper orebody using open pit mining method. This will be achieved by:
– Opening up the new open pit for accessing the orebody using the mining machinery and materials (excavators, loaders, bull dozers, explosives etc)
– Hauling of ore to processing facilities and waste to the waste rock dump
– Processing of the ore by crushing, milling, floating the milled copper ore to produce copper concentrates
– Building of other auxiliary facilities