Raptor Resources is
in the mineral resource acquisition, exploration, development, production, and
distribution business.
Raptor Resources
serves as the holding company for Mabwe Minerals, a natural resources and hard
as-set company occupied with the mining, logistics, and sale of industrial
minerals and metals. Raptor Re-sources owns 90 million shares, or approximately
64%, of Mabwe Minerals’ issued and outstanding shares of common stock, a
notable share of the company. Raptor Resources and Mabwe Minerals are focused
primarily on recovering barite and limestone from the Dodge Mine, which is
based in Zimbabwe.
In line with Raptor
Resources’ other existing projects, which are at various stages of production
and de-velopment, the Dodge Mine represents the company’s ongoing interests to
commercialize various indus-trial minerals and metals. Raptor Resources is also
interested in developing greenfield resources and bringing them into commercial
production, in exploring new minerals and metals, and in finding tested mining
opportunities and other feasible hard assets that have the potential of
bringing in additional reve-nue.
The Dodge Mine
property is a chain of hydrothermal mountains that span 481 hectares or 1188
acres and stretch across 4.5 kilometers. Studies of the property have revealed
the presence of compound barite, limestone, and talc deposits. Extensive
occurrences of gossan deposits, which indicate the presence of gold, copper,
lead, zinc, and nickel, have also been noted.
Dodge Mine is in the
early stages of producing barite and limestone for commercial use. The barite
de-posits alone have been deemed top-notch quality-wise because they contain a
high percentage barium sulfate (BaSO4). Samples of the white barite recovered
from Dodge Mine have scored 97.25% pure Ba-SO4 while pink barite samples have
scored 95.50%.
Both the limestone
and barite from the Dodge Mine have a multitude of applications. Barite is a
crucial ingredient used to prevent well collapse in oil and gas drilling. It
also has applications in the paint, auto-motive, medical, chemical, and
industrial fields. Limestone is a key ingredient that could be sold locally for
use in Portland cement. It also has applications in road and foundation
aggregates and feedstock as well as in agricultural, beverage, and sugar
companies.
For more
information, visit www.raptorresourcesholdings.com
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