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ASX:MTB

Mount Burgess Mining N.L.

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Market:
ASX
Price
0.0025 AUD
Day Change
25.00%
Market Cap:
$2.61 m
52 weeks high
0.0065
52 weeks low
0.0010

In brief

Mount Burgess Mining (ASX: MTB) is focused on resource development/exploration on the company’s extensive adjoining ground holding in Namibia and Botswana on the margins of the Angolan Craton, bordered by a large proterozoic mobile belt.

In Botswana the company is developing the 25 million tonne Kihabe zinc/lead/silver resource. The potential for the discovery of additional resources at Kihabe is high. Results from current exploration in Namibia and Botswana indicate the probability for the discovery of kimberlites and rare earth minerals.