Projects
African Energy Metals is a natural resource company primarily focused on the acquisition, exploration, and development of energy metal (CO-CU-LI) mineral projects in the DRC to world-class Canadian standards. This will address the supply chain, custody, and verifiable sources of ore issue being imposed on processors in the DRC by consumers.
Manono Projects - Lithium, Tin, Tantalum, Rare Earths
African Energy Metals is positioning itself as a large concession holder with 200 Kms² of clean title concessions and an intension to acquire interests in additional Manono concessions.
Manono Location
Manono Facts
Some key facts relating to this project:
- 440 Kms Northeast of Lubumbashi accessible by air and road
- New area play expected to exceed Kolwezi in terms of size and importance to the DRC mining sector
- Historical tin and tantalum mining now to be surpassed by lithium and rare earths
- Infrastructure being built with a new road connecting Lubumbashi expected to be completed in the next year and a new railroad being completed in the next two years to connect with ports
- Chinese are buying up land which is not for mining but for plants, infrastructure, and commercial use
- Largest concession holder is Cominiere which is a parastatal company but is involved in a major title dispute
- Attention is centered around the AVZ Minerals world class lithium deposit which is also involved in a title dispute
- African Energy Metals is a large concession holder at 200 Kms² and with clean title and intends to acquire interests in additional Manono concessions
Concession Map
PEPM 4582 Concession Highlights
- Binding letter agreement signed to enter a 70/30 JV with a private DRC company with due diligence and formal agreements to come within 60 days
- The concessions are a PEPM which is a small-scale mining permit with a long life
- Land package totals 170 kms² giving African Energy Metals a large holding in the area of interest
- Vendor has held the lands for an extended period and has clean title
- Directly on the NE/SW pegmatite corridor that runs from the AVZ Minerals Roche Dure deposit through Tantalex and onto PEPM 4582 to and is contiguous to a PE and PR controlled by Cominiere which has the largest holdings in the area
- New road and new railway will be close by
- Tantalex has 23,000 m of drilling planned in 2022
- Binding letter agreement signed to enter a 70/30 JV with a private DRC company with due diligence and formal agreements to come within 60 days
- The concessions are a PEPM which is a small-scale mining permit with a long life
- Land package totals 170 kms² giving African Energy Metals a large holding in the area of interest
- Vendor has held the lands for an extended period and has clean title
- Directly on the NE/SW pegmatite corridor that runs from the AVZ Minerals Roche Dure deposit through Tantalex and onto PEPM 4582 to and is contiguous to a PE and PR controlled by Cominiere which has the largest holdings in the area
- New road and new railway will be close by
- Tantalex has 23,000 m of drilling planned in 2022
PE 8251 Concession Highlights
- Letter Agreement Option signed to enter a 50/50 JV with no set spending requirements and exclusivity fee paid
- 30 Km² property located 35 kms east of world class AVZ Minerals 400mt lithium deposit average grade 1.7 % and highly prospective for lithium, tin, and tantalum
- Mineralization runs in NE/SW parallel zones
- Historical tin production and project has an estimated 25,500 MT of tin at a grade of 5% in just a small area that can be expanded
- Tin has been trading in the US$32,000/t range
- Project was intelligently acquired by a metallurgist working with a geologist who worked on the AVZ Minerals development for 5 years and very familiar with the style of lithium mineralization
- Spodumene hosted in pegmatite observed on the concession
- Project already converted from an exploration to an exploitation permit with a long life and can immediately produce on a small-scale mechanized basis to generate cashflow
King Luba Concessions
African Energy Metals has six strategically located concessions in the southern DRC CopperBelt which are 100% owned by the company and cover over 176 Km².
King Luba PR 13723
- Located 720km NE of Lubumbashi in Tanganyika Province
- Geology consists of Ruzizian and Kibarian lithology’s which are typically mic schists, amphibolites and gneiss and pegmatites, quartzites and metasediments, respectively.
- Potential for Lithium, Gold, Tin, Niobium, Tantalum, and Tungsten
King Luba PR 13724
- Located 45km SW of Tenke Cu-Co mine
- Located on a thick zone of Kundelungu sediments
- Potential for Cu-CO
King Luba PR 13725
- Located on the edge of the Luina dome and lower Roan thus is considered very prospective for Cu-Co mineralization
- Similar geological / structural position as the nearby Mabaya deposits
King Luba PR 13726
- Located 260km SE of Lumumbashi in the “pedicle” of the DRC in the Sakania region
- Geology of the concession is entirely Kundelungu Group sediments
- Potential for Zambian Copperbelt style deposits
King Luba PR 13727
- Located 40km S of Tenke Cu-Co mine
- Located on mainly Nguba sediments with some Roan in the SW corner of the license
King Luba PR 13781
- Located 70km N of Lubumbashi
- Located on a small Roan anticline
- Potential for Cu-Co
