MINING
Zone Five falls under the company ’ s Kalahari strategy and Khoemacau Boseto exploration work . The strategy centres around the Kalahari Copper Belt , a 1,000-kilometerlong belt which extends from Northern Botswana in Namibia .
Cupric has an “ extensive package ” containing a number of licences along this belt , with in-place mining infrastructure , JORC compliant resources and numerous additional high-grad copper exploration targets .
This package presents Cupric with a “ near-term ” opportunity to create and operate a lowcost copper production from a
long-lived operation with substantial exploration and production upside .
With Botswana being ranked as number one in in the “ investment attractiveness ” index for Africa , and the country being a pro-mining jurisdiction , Curpic is well placed to capitalise on this and continue to operate as a key player not only in Botswana , but also wider Africa .
Cupric continues to grow . In February of 2017 , the company announces that it had secured a $ 50 million term loan facility agreement to provide funding for the Khoemacau coppersilver project . The loan will specifically fund development costs as well as
www . cupriccanyon . com 43