Lusasha is an early-stage copper exploration project in the Munkonge area of Kasama District, Northern Province, held under Large-Scale Exploration Licence 29745-HQ-LEL by Lusasha Mining & Contractors Limited, in joint venture with Jimbe Minerals. The project comprises three exploration sites in an accessible district near Kasama, the provincial capital.
Systematic groundwork has been completed: ground magnetic surveying totalling more than 80 line-kilometres at 15 m station spacing across two survey corridors, together with field reconnaissance that has documented an inventory of GPS-located copper occurrences across all three sites — with additional gold, silver, iron and emerald occurrences recorded.
Environmental permitting is advanced: ZEMA has reviewed the project's Environmental Project Brief and cleared it for final submission, positioning the project to move into its staged exploration programme of mapping, geochemistry, trenching and drilling. No drilling has yet been undertaken and no mineral resource has been declared.
Completed, Ongoing and Planned Work
Lusasha is an early-stage exploration project. Surface occurrences and geophysical surveys are not evidence of a mineral resource, and none has been declared.
Magnetics and Field Reconnaissance Across Three Sites
Ground magnetic surveying has been completed over two corridors: approximately 54 line-km at 15 m spacing over a 1 km-wide corridor covering Sites 1 and 2, and a further 26.9 line-km over a 1–1.2 km-wide corridor at the southern site. The surveys provide the structural framework for targeting within the licence.
In parallel, field teams have ground-truthed the licence, recording a GPS inventory of copper occurrences — including near-surface showings logged at depths of 5 m to 30 m+ — together with gold, silver and emerald occurrence points. Detailed occurrence locations are held in the technical database and disclosed through the data room.
Technical Documentation — Available Under NDA
The magnetic survey datasets, the GPS occurrence inventory with site coordinates, the proposed exploration programme and permitting documentation are made available to qualified investors through our secure data room following execution of a confidentiality agreement.
Private investors: the portfolio is open to private participation — see the Investment Opportunity.