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From: B-Haile (eritrea.lave@comhem.se)
Date: Fri Nov 12 2010 - 21:36:32 EST
London Africa Limited
Exploring for and developing Eritrea's mineral resources
Our projects
In July 2010, London Africa Limited signed a 3 year Exploration Licence Agreement with the Government of Eritrea on 1168 kmē of highly prospective ground in the Akordat - Orota region of central Eritrea. The licence agreement covered much of the ground that was previously held by the company under a 12 month Prospecting Licence.
Projects
The company's Exploration Licence covers 1168 kmē between Akordat and Orota in the central region of Eritrea. Numerous gold and base metal prospects have been identified by the company over the last 12 months. Over the next year the company will continue regional sampling work over the licence area to identify new targets as well advancing its work on the Kofot - Gerger gold + base metal prospect and Tanenay gold prospect.
London Africa is in early stage discussions with at least 3 major mining houses about the possibility of a strategic joint-venture alliance. Further news will follow.
Left: Historic signature of the Exploration Licence by Lester Kemp (left) - Managing Director of London Africa Limited and Mr Ahmed Haj Ali, Minister of Mines & Energy
Eritrea has the potential to host a large number of economic ore bodies, and London Africa has deliberately targeted those that are close to infrastructure.
Read more http://www.londonafrica.co.uk/p/p_i.php
http://www.londonafrica.co.uk/p/p_i.php
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