Other Licences

At this stage, there has been limited exploration by the Ncondezi Group on licences 1314L and 1315L since they were acquired.

• Licence 1314L is located 130km south of Tete on the border with Zimbabwe, covering a total of 17,380ha.
• Licence 1315L is located 320km west of Tete on the Cahora Basa lake covering an area of 17,080 ha.

These licences are located in remote areas with little infrastructure and restricted access for exploration, although Karoo rocks and sediments underlay portions of these blocks, making them attractive exploration prospects. The licences are due to expire in February 2011 but are extendable for up to five years.

The map below highlights the position of the licences 1314L and 1315L in the Tete Province and Mozambique.

Source: SPK Consulting (UK) Ltd

Based on MINUSTAH GIS and UN Cartographic Section