Exploration work
“ This is about building local partnerships in an academic and vocational point of view as well ”
– Luis Martins
progressing both in Portugal and in Pakistan . In Portugal , the company is exploring for gold at Santo António , Montemor , Cercal and Cedovim , while finding reserves of gold and copper in a joint venture with junior British company Star Mining at Borba in the east .
It has also established Colt Middle East , for which it owns a majority share of 38 percent . This is a unit dedicated to exploring copper potential in Pakistan near the world-renowned supply at Reko Diq , one of the biggest porphyry copper deposits in the world .
Colt Middle East has entered an agreement with Australian-based company Lake Resources , and is working closely with local communities and the government of Balochistan to develop
128 August 2014