230225001054 - ENVIRONMENTAL IMPACT ASSESSMENT FOR THE PROPOSED MINERAL PROSPECTING & EXPLORATION AND CONSEQUENTLY SMALL SCALE MINING ON MINING CLAIMS (MCS: 74090-74098), TSISEB CONSERVANCY, DAURES CONSTITUENCY, ERONGO REGION

Ringmen Investment (Pty) Ltd, provisionally acquired mineral rights over the project area on Mining Claims (MCs 74090 to 74098) for base and rare metals, industrial minerals and precious metals, from the Ministry of Mines and Energy (MME). The project area (MCs 74090 to 74098) is located 43 km Southwest of Uis settlement accessible via C35 and D2342 gravel roads, Dâures Constituency in Erongo Region, western central Namibia. The project area covers state land gazetted as the Tsiseb (Hada-Huigu) conservancy by the Ministry of Environment, Forestry and Tourism in 2001. Exploration period is anticipated to take approximately 6 months, this includes include desktop studies, geophysical surveys, geochemical survey, geological mapping, trenching, drilling as well as laboratory analysis. Once the mineral deposit has been identified and proven to be economically feasible the next step is to open a small scale mine. Rehabilitation measures will be put in place during exploration and before decommissioning.