Harnessing Growth in Tanzania
Kibo_Mining-_Presentation_V3.0_140316
Kibo_Mining-_Presentation_V3.0_140316
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P<strong>in</strong>ewood Project<br />
Overview<br />
• M<strong>in</strong>eral rights and applicationscover<strong>in</strong>g approximately<br />
9,000sq kms (100% Kibo owned subject to vend <strong>in</strong><br />
agreements on 11tenements)<br />
• P<strong>in</strong>ewood provides exposure to an attractive portfolio<br />
of strategic energy (coal & uranium) assets <strong>in</strong> <strong>Tanzania</strong><br />
• Situated along the Mtwara Development Corridor,<br />
where the <strong>Tanzania</strong>n Government has committed itself<br />
to significant <strong>in</strong>frastructure development, and which<br />
has seen recent multi-million dollar <strong>in</strong>vestments <strong>in</strong> coal<br />
and uranium exploration<br />
• The license package covers prospective Karoo<br />
sedimentary sequence rock, known to host good tenor<br />
uranium deposits, such as the Mkuju River project<br />
• The <strong>Tanzania</strong>n Government is supportive of uranium<br />
m<strong>in</strong><strong>in</strong>g – recently approved the M<strong>in</strong><strong>in</strong>g License of the<br />
Mkuju River M<strong>in</strong>e<br />
• Recently secured strategic partner <strong>in</strong> sign<strong>in</strong>g 50 /50 JV<br />
with Metal Tiger. (see RNS 21.11.14 & 14.1.15).<br />
• Exploration recently resumed on project<br />
March 2016 22
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