Midweek Takeaway with Colin Bird, Executive Chairman of African Pioneer (LSE:AFP) #AFP

Season 5, Episode 54,   May 17, 2023, 06:15 AM

Phil Carroll and Kevin Hornsby talk to Colin about the updated Mineral Resource Estimate for the Ongombo copper project in Namibia. The estimate, completed by independent consultants Addison Mining Services, shows an additional 100,000 tonnes of copper and 84,000 ounces of gold. The Ongombo mineralization remains open at depth, with potential for more tonnage and enhanced gold grades. A 25-year Mining License has been granted, pending an Environmental and Social Impact Assessment. The estimate includes Indicated and Inferred Resources, with 5.7 million tonnes of Indicated Resources and approximately 23 million tonnes of Inferred Resources.

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