Monday, July 7, 2014

Raptor Resources Holdings Inc. (RRHI) Develops Raptor Mine

Raptor Resources is a holding company concentrating on the acquisition, exploration and development of various mineral resources. The company has two subsidiaries: Mabwe Minerals, a hard asset and natural resources company involved in mining and selling industrial metals and minerals from the Dodge Mine Project; and TAG Minerals, a mineral and metal resource acquisition, exploration and development company targeting workable hard assets, experienced mining companies and emergent greenfield resources, like the Derbyshire Stone Quarry and Raptor Mine Project.

The Raptor Mine Project

Earlier this year, Raptor Resources acquired the entire Raptor Mine Project through its Zimbabwean affiliate, TAG Minerals Zimbabwe. The company is now looking to develop this greenfield resource.

Forty-plus years ago, soil geochemistry and geophysical surveys conducted on the Raptor Mine in Shamva, Zimbabwe outlined sizeable nickel anomalies and more than one differentiated flow. The mine, which covers 248 hectares, is located near the Dodge Mine, which Raptor Resources also oversees. Using previously compiled data, Raptor Resources will most likely focus on mining and developing transition metals like nickel and copper at first.

Trojan Nickel Mine, Zimbabwe’s leading nickel mine and refinery, is within close proximity to Raptor Mine. Most nickel ores have several recoverable metals creating multiple streams of revenue. Raptor Mine also has similar host rock, nickel mineralization, and modes of occurrence as the Trojan Mine.

Raptor Resources’ active projects are at various stages of production and development. This includes the Raptor Mine which, along with the Dodge Mine, represents the company’s ongoing interest in commercializing various industrial minerals and metals.

For more information, visit www.raptorresourcesholdings.com

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