Thursday, May 22, 2014

Raptor Resources Holdings, Inc. (RRHI) Zeroes in on Derbyshire Stone Quarry

Raptor Resources Holdings is a natural resources company in the business of acquiring, exploring, and developing mineral resource projects. This Freehold, New Jersey-based company is presently focused on mining projects in Zimbabwe, but is also constantly on the lookout for other seasoned mining opportunities and viable hard assets that have the potential of creating additional revenue for its shareholders.

Raptor Resources’ Zimbabwean affiliate, TAG Minerals Zimbabwe (Private) Ltd. (TAG-Z), recently acquired 100% ownership rights to the Derbyshire Stone Quarry, an established mining company ideally located in a prime residential area in southern Harare, a high-growth area within close proximity to major roadway projects.

The Derbyshire Stone Quarry is also the largest indigenous sand and stone quarry in the Harare area. Managed and operated by WGB Kinsey & Company, an experienced mining operator and one of Raptor Resources’ strategic partners, this seasoned granite quarry produces decomposed granite, crusher run, quarry dust, pit sand, washed river sand, 10mm stone, and 20mm stone.

Raptor Resources previously expressed its commitment to build assets within its TAG Minerals subsidiary, which is focused on viable hard assets, mining companies, and developing greenfield resources that feature high-value minerals and metals.

In the first three months of 2014, Raptor Resources demonstrated its ability to quickly work toward its asset-building goal through the acquisition of the Derbyshire Stone Quarry, a mature granite quarry in volume production, as well as through its acquisition of 100% of the greenfield resource Raptor Mine, which targets copper and nickel, for further development.

For more information, visit www.raptorresourcesholdings.com

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