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Annual Report 2017.pdf

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Preview of Annual Report 2017
🔗 Source: goldendeeps.com
📊 Size: 2.43 MB
👤 Author: Vanessa Spencer
⬇️ Downloads: 192

Summary

Golden Deeps Limited's 2017 annual report outlines the company's progress in exploring and evaluating its Namibian tenements. The company has two key Exclusive Prospecting Licenses (EPLs) in Namibia, EPL 3743 and EPL 3543, which are considered highly prospective for copper, lead, zinc, and vanadium. However, the renewal of EPL 3743 was rejected, and the company has lodged an appeal. The company has impaired the carrying value of EPL 3743 but is confident the matter will be resolved positively. The company holds an 80% interest in the Grootfontein Base Metal Project, which has four recognized base metal trends with extensive strike lengths. Due to delays in license applications and renewals, only minor work was conducted on the project during the year. The company is preparing applications for several mining licenses and has made progress on collecting and collating data for submission.

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Description

Golden Deeps Limited's 2017 annual report outlines the company's progress in exploring and evaluating its Namibian tenements.

Technical Information

  • File Format: PDF
  • File Size: 2.43 MB
  • Pages: 66
  • Language: EN
  • Author: Vanessa Spencer
  • Total Downloads: 192
  • Last Updated: 1 week ago

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