Cape Lambert Resources Limited (ASX:CFE) is an Australian domiciled, fully funded, mineral development company. Cape Lambert has interests in several exploration and mining companies, providing exposure to iron ore, copper, gold, uranium, manganese, lithium and lead-silver-zinc assets in Australia, Europe, Africa and South America.

Cape Lambert’s strategy is to acquire and invest in undervalued and/or distressed mineral assets and companies (Projects) and:

  • improve the value of these Projects, through a hands on approach to management, exploration, evaluation and development;  and
  • retain long-term exposure to these Projects through a production royalty and/or equity interest.

Cape Lambert aims to deliver shareholder value by adding value to these undeveloped Projects. If Projects are converted into cash, the Company intends to follow a policy of distributing surplus cash to Shareholders.

Plans & Latest Developments:

Kipushi Cobalt-Copper Project

  • Cobalt-rich tailings dam 25km from Lubumbashi, DRC
  • JVCo hold 70% interest (increasing to 80%)
  • tailings dam.
  • Metallurgical testing shows recoveries of 90% for copper and 85% for cobalt achievable
  • Leaching plant detailed design commenced
  • Production anticipated to commence Q2 2019
  • Tailings will be processed through a newly built 1Mtpa acid leach plant adjacent to the existing flotation plant, designed to produce a mixed hydroxide precipitate (MHP) product

View the recently completed Engineering Study Report for the Kipushi Tailings project by Minnovo.

Kitwe Cobalt-Copper Project

  • Tailings dam located in Zambian Copper belt containing 6.6Mt of tailings
  • Samples collected from the tailings dam and assayed reported copper grades up to 0.93% and cobalt grades of up to 0.43%
  • Metallurgical testwork programme to commence
  • Optimisation of operational plan with opportunity for synergies

Why should investors invest in you?

Cape Lambert is a diversified mineral development company well positioned to deliver shareholder value through our Acquire, Add Value and Realise strategy.

Stock Exchange Listing:

ASX:CFE

Market Cap:

$27.32M AUD

Primary Commodities:

Iron ore | Cobalt | Copper | Gold | Uranium | Lithium | Lead | Silver | Zinc

Stage of Development:

Exploration

Countries of Operation:

Australia | Europe | Africa | South America

Board of Directors:

  • Antony (Tony) Sage – Executive Director
  • Timothy Paul Turner – Non-Executive Director
  • Stefan Müller – Non-Executive Director
  • Melissa Chapman – Chief Financial Officer and Company Secretary
  • Jeff Hamilton – Manager of Development Projects

Cape Lambert Resources Limited (ASX:CFE) will be showcasing their mining projects to prospective investors at the International Mining and Resources Conference. Claim your complimentary investor pass.