MYANMAR METALS LIMITED
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“THIS IS THE MINE THAT MADE HERBERT HOOVER HIS FORTUNE , AND IN MANY WAYS THAT SET HIM ON HIS PATH BECOME THE PRESIDENT OF THE UNITED STATES ”
— John Lamb , Chairman and CEO , Myanmar Metals
Herbert Hoover , 31st U . S . President
JULY 2019 had some other tenements in Australia and those really paled in significance compared to this opportunity , so we have focused our efforts on Bawdwin . This asset will be the making of Myanmar Metals .”
Lamb reveals that the company and its two local partners – collectively , the Bawdwin Joint Venture - are yet to put a figure on the Bawdwin Mineral Province ’ s full potential , as the large site is around 38 sq km and relatively unexplored . The mine will produce lead , silver , zinc , copper , nickel and cobalt – with silver and lead being “ very important in the renewable energy market , for generating and storing solar energy ”. The Bawdwin Joint Venture , together with Titeline Drilling and geological support provider Valentis , has identified seven high priority exploration targets which all have similar geophysical signatures to the historical mines on the site , and has declared at least 94mn tonnes of resources within the historical workings to-date .
“ The value of our Joint Venture partners cannot be understated ”, Lamb says . “ While we are the market-facing partner and we bring considerable