Orion Minerals Limited (ASX:ORN) (JSE:ORN) CEO and managing director Errol Smart speaks to Proactive Investors about the exploration and development company's portfolio of projects in Australia and South Africa.
Field work is underway around the Areachap Belt in the Northern Cape of South Africa, where the company's flagship historic Prieska Zinc-Copper Project is located. "[Prieska] is really a world-class zinc-copper project; it's very advanced stage, we're very fortunate that we've got exceptional infrastructure and services available to us, and that obviously cuts down your capital lead time and cost to get into production," says Smart.
Orion Minerals' JV Partner on the nickel-copper-gold Fraser Range project in Australia, Independence Group (ASX:IGO), is now investing to secure a strategic position in the South African Jacomynspan Project, which bears many geological similarities.
Regional exploration groundwork and airborne EM is turning up geological hallmarks Smart describes as, "hot smoke on the edge of the fire," and likens to the Nova Bollinger discovery.