INVESTING IN STRATEGIC NATURAL RESOURCES
Minergy Resources Ltd has been focused on the acquisition and development of strategically important Natural Resource assets primarily in Africa and South America.
Minergy has over the last 15 years acquired, explored and developed a substantial portfolio of assets, with Iron Ore, Rare Earths,Diamonds featuring in our portfolio, as well as Oil and Gas assets during that period.
BENIN
Minergy are investing and developing the the Madekali & Loumbou‐Loumbou Iron Ore Deposits in the Republic of Benin. We have carried out almost a year of base exploration, geophysics, and extensive core drilling on the areas. We are continuing a second drilling campaign currently and our teams of experts from India, South Africa and China have been assessing the results of the exploration program.
BRAZIL
We are developing several permits for Iron ore, Manganese and Nickel in the State of Bahia, we have a minimum probable resource of 300 Million tons of Iron Ore and there is also a known occurrence of around 90 Million tons of high grade Nickel.
We have carried our preliminary exploration and from the bulk sampling analysis by SGS , it is clear from that the Paramirin and Erico Cardoso region for iron ore are rich in Fe content that varies from 55% to nearly 70%. with impurities like phosphorous, sulphur and TiO2 present in less than 1%.
The areas which have been targeted for Manganese such as Ipupiara, Barra do Mendes, Formosa de Rio Preto, Riachao das Neves show a range of Mn content of 33 – 50%.
We are currently also pursuing new mineral acquisitions in Lesotho, Guinea, Zimbabwe, Madagascar, Ivory Coast, Togo, Cameroun, and Senegal.
