Wednesday, April 16, 2014

Raptor Resources Holdings Inc. (RRHI) Explores Nickel Deposits at the Raptor Mine

The management of Raptor Resources, a U.S.-based company focused on acquiring, exploring, and developing mineral resource projects in Zimbabwe, has built long-term relationships with key Zimbabwean affiliates that have a shared passion for building successful ventures.

While Raptor Resources’ main focus is on exploring newly-found minerals and metals like the nickel and copper discovered at the Raptor Mine or developing green field resources and bringing them into commercial production as it is doing with the barite and limestone deposits at the Dodge Mine, the company is also seeking seasoned mining opportunities like the Derbyshire Stone Quarry and other types of viable hard assets that show promise and could create revenue for its shareholders and stakeholders.

The company’s Raptor Mine project in Shamva, Zimbabwe is particularly interesting. The mine measuring approximately 248 hectares is located near the largest nickel mine and refinery within the same geological formation. In the 1970s, soil geochemistry and geophysical surveys were conducted on the mine to determine its prospects, and those surveys outlined significant nickel anomalies. As the process of recovering metals in most nickel ores usually results in a multiple stream of metals recovered, Raptor Resources is presently targeting several minerals and metals (nickel, copper, zinc, talc, gold, and silver) for potential commercial production at the mine. Based on compiled data, the company’s first focus will be to develop the transition metals nickel and copper.

The company has also aligned with a number of strategic partners in Zimbabwe to ensure cost-effective and steadfast support for the development, production, shipment, distribution, and sale of these minerals:

• WGB Kinsey & Company, one of Zimbabwe’s most experienced mining and construction companies, will manage all development and production operations at both Raptor Mine and Dodge Mine.

• PHI Commodities, the largest grain importer to Harare, Zimbabwe, will provide Raptor Resources with a strong regional presence. Having secured the outbound load rights to their fleet of 80 rail wagons, managed by express trains provided by the National Railways of Zimbabwe, the company has secured land transportation direct to the Port of Beira, Mozambique.

• Steinbock Minerals, an expert in the worldwide distribution and sale of industrial minerals with an established customer base in Europe and the Middle East, will serve as the company’s global marketing, mineral sales and distribution arm.

• Yasheya Limited, a specialist in the worldwide shipment of industrial minerals, will be the company’s shipment and delivery arm providing door-to-door delivery services out of the Port of Beira, Mozambique.

From the Port of Beira, Mozambique, the company will be ideally located to support customer demands in Europe, Middle East, and Central or South Africa.

For more information, visit www.raptorresourcesholdings.com

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