Wolfram (Tungsten) Development
Project Details
Project Name: Gold Model Mining project (Partnership with ASM)
Location: Kassanda District
Implementing Agency: Uganda National Mining Company (UNMC)
Product: Gold
Mineral Resource Estimate
Estimated reserves of 750,000 tonnes of ore grading at 0.15% WO3.
Project Cost Estimate:
USD 450 million
Project Description
The Kisoro District deposit is one of Uganda’s known wolfram occurrences with significant potential for sustainable development. The presence of wolfram bearing quartz veins with high-grade ores of up to 75% WO is ideally suited for large-scale mechanized extraction
Proposed financing mode:
JV
Nature of Project:
Brownfield
