Suricate Minerals sees 2019 as a milestone year for project pipeline

12 February 2019
Suricate Minerals, a privately-owned Mauritanian group specialising in natural resource exploration and development, is making steady progress in mapping its permit sites in Mauritania, and aims to accelerate its project pipeline this year.
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PreviewExploration is focused on establishing a definitive resource size for gold, copper, nickel, and cobalt.4.78 MBDownload
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PreviewSuricate Minerals has conducted geophysical and geochemistry testing at various sites.4.7 MBDownload
PreviewThe primary permits of Suricate Minerals are situated in Tasiast in north-west Mauritania.579.32 KBDownload

The group’s current exploration campaign focuses on establishing a definitive resource size for deposits containing gold and copper, nickel, and cobalt. “We are also continuing work on our quartz concessions, which contain high-grade quartz silica,” Suricate Minerals Executive Director Ahmed Hertani comments.

Its primary permits are situated in Tasiast in north-west Mauritania, about 200 km from the Port of Nouadhibou, which are located over the mineral-rich Aouéouat greenstone belt of the Reguibat shield. Suricate Minerals has conducted considerable geophysical and geochemistry testing at various sites to date, with positive results verified by German materials testing and analysis company Dorfner Anzaplan.

“Our work revolves around exploration for gold and base metals in particular, such as copper, nickel, sulphate, and cobalt, as well as quartz concessions of high purity and quality. This is particularly for niche applications such as the solar, optical, and foundry industries,” Hertani notes.

The Mauritanian Ministry of Oil, Energy and Mines said at a recent mining investment seminar held in Nouakchott that, in order to create the conditions for optimal investment in Mauritania, the government has adopted a strategy to modernise and develop mineral resources via an incentive-based mining code, a favourable competitive environment, and the construction of basic infrastructure, coupled with an emphasis on good governance.

Hertani cautions that the cyclical nature of the mining economy has hampered the speed with which Suricate Minerals has been able to explore and develop its project sites. However, despite these challenges, it is committed to continuing work on its project pipeline.

“We are not just seeking any partners to assist in the development of our projects, but partners that have a proven track record in the mineral resources sector, such as established mining houses, private equity firms, venture capitalists, global engineering firms, and project developers,” he concludes.

Ends

Notes to the Editor
To download hi-res images for this release, please visit http://media.ngage.co.za and click the Suricate Minerals link to view the company’s press office.

About Suricate Minerals

Suricate Minerals is a Mauritanian-owned group specialising in natural-resource exploration and development. The group’s tenements cover a broad range of strategic mineral commodities, including gold, iron ore, barite, lithium, copper, and high-purity quartz. Suricate Minerals’ strategy is to explore for critical minerals in some of the most under-explored regions of Mauritania. The group’s directors have been involved in the consolidation and exploration of key projects for a number of years, giving them an important understanding of the potential of these mineral-rich tenements and the requirements for future exploration.

 

Suricate Minerals Contact

Ahmed Hertani

Phone: (+222) 45 25 09 25

Fax: (+222) 45 25 09 25

Email: info [at] suricateminerals [dot] com

Web: www.suricateminerals.com

 

Media Contact

Ilan Solomons
NGAGE Public Relations 
Phone: (011) 867 7763
Fax: (086) 512 3352
Cell: 072 299 0535
Email: ilan [at] ngage [dot] co [dot] za
Web: www.ngage.co.za

 

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