Prospectivity Report

The prospectivity of a mineral asset is dependent upon a number of factors, not the least of which is the underlying geology and mineralisation and the global market context of the mineral resource. In order for junior mining companies to make informed decisions as to the inherent risks and opportunities affecting the economic viability of a project, a prospectivity review can be undertaken as a cost effective way of gaining an initial overview of the available data on the following factors,: geology, mineralisation, historical exploration and mining, the legal aspects and tenure, an assessment of the political and country risks, the surface infrastructure, the resource market and price factors, a review of metallurgical considerations, comparison with similar operations in the vicinity and a valuation statement. A prospectivity report, in essence, collates all the background information necessary to undertake an informed decision as to whether or not a project is worth pursuing.

For further assistance, please contact Fiona Harper +27 11 783 9903 or info@venmyn.com.