MTB Stock Discussion

Mount Burgess Mining N.L.   Description

Mount Burgess Mining N.L. is an Australia-based company, which focuses on mineral exploration. The Company's geographical segments include Namibia and Botswana. The Company focuses on exploring for and in the event of discovering, developing commercial deposits of mineral resources. It focuses on developing a 30 million ton zinc, lead and silver resource in Botswana. In Namibia, the exploration focus is on diamonds and base metals, including iron ore and rare earths. In Botswana, the focus is on base metals and diamond exploration. Its portfolio includes Kihabe-Nxuu Base Metals Project, which is located in Western Ngamiland, Botswana, on the border with Namibia. The project is located approximately 700 kilometers northwest of the capital Gaborone. The Company has developed indicated and inferred resources at the Kihabe and Nxuu deposits on PL 043/2016, in Western Ngamiland, Botswana. PL 043/2016 covers the portion of a Neo-Proterozoic belt of metasedimentary rocks.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Metal Mineral Exploration Metals Iron Base Metal Zinc Silver Iron Ore Diamond Namibia Rocks Boron Sedimentary Rocks Member States Of The African Union