Raptor Resources Holdings is a U.S. based mineral resource acquisition, exploration, and development company focused on advancing its two subsidiaries, publicly traded Mabwe Minerals Inc. (OTCQB: MBMI) and privately held TAG Minerals Inc.
Mabwe Minerals is Raptor’s primary subsidiary, a fully reporting company engaged in the mining, logistics, and sales of barite from the Dodge Mine in Zimbabwe. WGB Kinsey & Company, Mabwe Minerals’ minority owned mining & construction company, is currently on site at the Dodge Mine project, engaged in barite production. Mabwe recently reported that it has received its first purchase order, from distribution partner Steinbock Minerals, for 2,000 tons of barite.
Yasheya Limited is Mabwe Minerals’ shipping and delivery arm, a leading transporter of industrial minerals specializing in ocean shipping, containers, coasters, barging, railing, trucking, and warehousing.
Raptor’s goal is to combine these partnerships to continue the advancement of Mabwe Minerals to become a reputable and strong source of barite by leveraging the Dodge Mine’s rich supply of superior grades of barite. Barite is in high demand for use as a weighting agent to prevent well blowouts and shaft collapses in the oil and gas drilling industry, as well as its applications to the automotive, medical diagnostic, and paint pigment industries.
The company’s second subsidiary, TAG Minerals, is a U.S.-based mineral and metal company with operations conducted through its Zimbabwe affiliate, TAG Minerals Zimbabwe Inc. Through the use of a prospector’s license, TAG has access to 600 hectares across the Makuruanopamaenza Mountains, an area known for its rich deposits of alluvial gold.
TAG’s key partner, Extrac-TEC utilizes HPC-30 technology to capture up to 98 percent of the riverbed gold content down to 50 microns.
For more information, visit www.raptorresourceholdings.com
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