Konkola West Copper Project, Zambia
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The Company wishes to provide the following update to its news release dated 25 September 2023 when it announced the signing of a Term Sheet to allow a third party to earn into the Konkola West Project in Zambia.
The third party has concluded its due diligence investigations and the parties to the Term Sheet are currently reviewing draft agreements with a view to finalising those agreements as soon as possible. All parties have re-affirmed their commitment to completing the transaction.
Commenting today executive Chairman, Patrick Cheetham said:
"I am pleased to be able to provide the market with this reassurance and we look forward to updating the market further in due course with details of the agreement and the third party's exciting plans for drilling at Konkola West."
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