Project Profile
Value: Undisclosed
Location: 100km southwest of the Provincial capital of Tete, Mozambique
Reserves: 110-125 MBOE (average gross)
Production: Unknown
Area: 525km²
Start-up Year: -
The Changara project comprises four exploration licences covering an area of 525km² located approximately 100km southwest of the Provincial capital of Tete in Mozambique and flanking Zimbabwe’s north-eastern border. The national power grid passes within 15km of the project’s eastern boundary. The licences are underlain by lower Proterozic rocks of the Rushinga Group which flank the north-eastern margin of the Zimbabwe Craton. Although the area has experienced limited historical exploration, it is considered highly prospective for SedEx / Broken Hill Type polymetallic base and precious metal and manganese mineralisation and hosts numerous occurrences of zinc, lead, manganese, iron ore, fluorite, copper and silver. During Q4 2008, Baobab completed an extensive soil geochemistry survey covering an area of 380km² within three of the Changara exploration licences (representing approximately 70% of the total project area). Interpretation of the results identified a series of multi-element targets coincident with prospective geological settings. Follow-up assessment of the highest ranked targets is currently underway.
Operators:
Keras Resources: Operator
Baobab Resources plc