PROSPECTING: A drilling site at Bezant's Hope and Gorob project. PHOTO: CONTRIBUTED
PROSPECTING: A drilling site at Bezant's Hope and Gorob project. PHOTO: CONTRIBUTED

Bezant readies for Hope-Gorob mine development

Copper on the rise
Bezant Resources says its Hope and Gorob resource is situated in a quality jurisdiction.
Ogone Tlhage
Prospective copper miner Bezant Resources says it has received an indication of preparedness from its contractor for the development of its envisaged Hope and Gorob copper project.

A similar show of intent had also been received for the financing of an off-grid power solution to provide electricity to the mining project, the company said in disclosures released on the Alternative Investment Market (AIM).

In the disclosure, Bezant said letters of preparedness have been received from the main contractors responsible for future mining, processing plant construction and concentrate haulage, as well as letters of intent and offers for financing of an off-grid hybrid renewable power supply for the project.



Quality project

While the mining licence is pending, Bezant has progressed in all other technical aspects of the project, including the finalisation of infrastructure, mine and pre-concentrator final designs, audit and costing for the repurposing of an existing flotation plant located within trucking distance of Hope and Gorob to process pre-concentrate from the new mine and the adoption of a renewable energy solution built on existing environmental initiatives included in plant design.

“We are pleased we have completed the chain of contractor services that will make up the Hope and Gorob mining operation. We are delighted with the feedback and response from the contracting community, and we look forward to working with quality names in a quality jurisdiction on a quality project,” Bezant’s CEO Colin Bird said.

Other environmental initiatives include, among others, minimising water consumption on site through the use of dry ore sorting as a pre-concentration step.

Among the highlights, a leading contracting group has provided a final set of competitive unit costs for mining, ore haulage to the ore sorting plant, haulage of pre-concentrate and the transfer of a final concentrate to Walvis Bay for export. Individual unit costs are in line with costs used in financial modelling.

Bezant also announced that an international engineering group had confirmed its readiness for the construction and installation of the front-end crushing, ore sorting and conveying circuits.

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Republikein 2024-11-23

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