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MINING GIANT RIO TINTO KICKS OFF $3.2M EXPLORATION WORKS IN ZAMBIA

RIO Tinto Mining and Exploration has commenced its initial 2021 exploration campaign on Midnight Sun’s Solwezi Licences in Northwestern Province.

Company President and Chief Executive Officer Al Fabbro disclosed that after a lengthy rainy season and dealing with the difficulties of the COVID-19 pandemic, Rio Tinto had begun the 2021 work program.

“With the bulk of this initial budget committed to drilling, this has the potential to be a very pivotal season for Midnight Sun and the Solwezi licences,” he said.

This is according to statement released on Monday which added that the mining company is in Stage 1 of the previously announced earn-in and joint venture agreement.

The initial 2021 work program budget is US$3,2 million and is expected to be completed in late June. Results of this exploration work will dictate the additional budgets for 2021.

The Solwezi licences are comprised of two individual exploration licences totalling 506 square kilometres, situated in the North-Western Province of Zambia on the prolific Zambia-Congo Copper Belt and adjacent to Africa’s largest copper mining complex, First Quantum’s Kansanshi mine

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