NATURE OF BUSINESS
Exploitation miniere limited is an exploration and mining company focused on exploring for copper and gold in Congo. The company has two main project areas Likasi and Mbuji mayi straddling the border between Congo and Angola bounded to the east by the border with Angola. The company is copper /gold joint venture with kitotwe miners and uranium JVs, Metals and energy.
BACK GROUND
Exploitation miniere limited holds tenement portfolio covering over 17000 kilometres in eastern Congo and is focused on the discovery and development of multiple Copper and Gold projects. During 2007 Exploitaion has made substantial progress towards it's long term objectives. Highlights have included the completion of A US $ 15 000000 IPO and dual listing on the Congoles securities Exchange signficantly expanded exploration programs, and the announceme of an intial resource estimate for the flag ship Likasi project of 2.9 million tons at 1.0 5% copper and 0.22g/t gold. it is intended to We are regularly Selling: copper cathodes.
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