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Namibia

Namibia at a Glance

 

Why Namibia?

  • Low political risk
  • Well-developed mining industry
  • Under-explored base metal trends
  • Good infrastructure
  • Effective mining and taxation legislation
  • Transparent teunure system
  • Effective bureaucracy
  • Foreign investment encouraged
  • Good exploration and mining support
 

 

Craton's Mineral Tenements

The Company’s assets in Namibia are held by a wholly-owned Namibian-registered subsidiary company, Craton Mining and Exploration (Pty) Ltd (‘Craton’). The Company’s major asset is the Omitiomire Copper Project. 

Craton also holds three Exclusive Prospecting Licences (‘EPLs’) surrounding Omitiomire and mostly within potential trucking distance of the proposed Omitiomire processing plant.  These exploration tenements constitute the Company’s Steinhausen Project.

In the Kalahari Copperbelt Project, Craton holds another EPL which contains the Sib copper deposit.