Iron Bull logo.

Mining Excellence.

On a mission to open up the next big African copper basin to take advantage of the looming copper supply squeeze.

Our Mission

Iron Bull is on a mission to open up the next big African copper basin that is located in Namibia, Africa to take advantage of the looming copper supply squeeze.

Copper.
Copper.
Backhoe.
Mining engineer on site.
Mining engineer drilling on the ground.

Why us?

Most miners overlook the small stuff.

As we pursue large billion dollar mineral deposits, we actively manage our smaller deposits that can generate strong cash flows. Our strategy allows us the ability to attract high caliber people to build out a targeted asset base and driving shareholder value. This allows us to create a self sustaining operation to avoid equity dilution that is typically suffered bythe shareholders of small mining companies.

Our Process

Step 01

Exploit Small Deposits

Most mining companies overlook the small deposits. We do the opposite and pursue them to cashflow our operations towards large deposits.

STEP 02

Corporate Memory Retention

An organization with low corporate memory will repeat the same mistakes. We have over a decade of corporate memory and our operation can retain our talent with our sustained cashflow.

STEP 03

Large Deposits

The revenue from small deposits fund our efforts to unlock larger mineral deposits. We pursue these resources and avoid heavy equity dilution.

STEP 04

Shareholder Value

The large mineral deposits will drive shareholder value while small deposits will mitigate the constant need to raise capital and incur dilution.

STEP 05

Grow Asset Base

The revenue from the smalldeposits provides the opportunity to accrue additional assets to grow and leverage the business.

Unique Technology

Iron Bull has acquired a unique smelting technology through its subsidiary allowing it to produce blister copper & pig iron. These state-of-the-art environmentally friendly “nonelectric” smelting furnaces are fit for purpose, low-cost units designed for the African environment. The technology is a key competitive advantage for Iron Bull and will allow the Company to exploit its assets and harvest cashflows as a cornerstone pillar to its strategy.

Mining machinery.

Timeline

May 2022

Capital Raise

June 2022

Mining Licence

Start application formining license and claims

July 2022

Okohongo

Start Okohongo Preliminary Economic Assessment

Aug 2022

Cehegin

Start Cehegin Geological Assessment

Oct 2022

Feasibility Study

Start Okohongo Feasibility Study

Dec 2022

Start Operations

Start of Okohongo Initial Operations

Koakoland Copper Bason Project in Namibia Africa

The Koakoland Copper Basin is situated in Namibia, a politically stable nation with well governed mining legislation & strong geological address.

Namibia Africa flag.

Targeting a 300 mt copper inventory grading @ 1% copper

Namibia Africa map.
Namibia Africa location.

Location

  • The project is located within the Kunene region of northern Namibia, Africa

  • Areas of north-western Namibia ("Kaokoland") were recognized as potential Central African Copperbelt ("CAC") analogues by Goldfields, Anglo American, the African Selection Trust and others, in the late 1960s

  • Between 2004 and 2009 Teck Cominco Namibia ("Teck"), a subsidiary of Teck Cominco Limited (now Teck) initiated a study of the potential of the Kaokoland area

  • The Okohongo target area returned the most encouraging results.

Dup truck in mining site.

History

Koakoland Copper Bason Project in Namibia Africa

01

Early 1990's

Early 1990’s: Anglo American Base Metals, operating as Erongo Minerals, was active in the region in the early 1990s. Erongo drilled forty -one 20 metre percussion holes at 50 metre spacing in eight fences and two deeper percussion holes for a total of 1,050 metres on what is now EPL 3352.

02

1990 - 1995

Rio Tinto Zinc (RTZ) worked in the region mainly focusing on the Tsongoari barium-lead-zinc occurrence to the west of Kaoko.

03

1997 - 2000

Mount Isa Mines (MIM) was active in areas to the north and northwest of Kaoko. On two of the existing EPLs, 3352 and 3357, MIM drilled 30 holes totalling 2,304 metres.

04

2004 - 2008

Teck Cominco Namibia (TCN), a subsidiary of Teck Cominco Limited (now Teck) initiated a study of the potential of the Kaokoland area. TCN compiled and digitized an extensive geochemical database of earlier work from open file reports housed at the GSN. extensive exploration including geological mapping at various scales, gradient array and pole-dipole induced polarization (“IP”) geophysical surveys, stream sediment and base of slope soil sediment geochemical surveys, and percussion, reverse circulation (“RC”) and diamond drilling. Teck drilled a total of 6,839 metres in 26 diamond drillholes, eight reverse circulation (“RC”) holes, and nine percussion holes for water. Mineralized chips from the percussion holes were analysed. The Okohongo target area returned the most encouraging results. Twelve new areas were selected for additional Phase 1 drilling after more mapping and IP surveys. Teck subsequently drilled a total of 8,364 metres in 24 diamond drill holes, 22 RC holes and five percussion holes for water.

05

2009 - 2012

For corporate reasons following the economic downturn in late 2008, Teck solicited joint venture partners and INV Metals entered into the Agreement with Teck in late 2009. 0INV Metals completed 49 reverse circulation drill holes totalling 7,074 metres at the Okohongo, Horseshoe, and Sesfontein targets and six diamond drill holes totalling 1,300 metres at the Manuela target. In addition, a short diamond drill hole was completed in order to twin an RC hole at Okohongo. Geochemical, geophysical and geological surveys were completed over numerous target areas.

06

*In 2011

Caracle Creek International Consulting (Pty) Ltd. (“CCIC”) of South Africa completed the maiden mineral resource estimation of the Okohongo Cu-Ag Project. The initial Inferred Mineral Resource Estimate at the Okohongo Project totalled 10.2 million tonnes, grading 1.12 % Cu and 17.75 g/t Ag, at a 0.3% Cu cut-off grade, and contains 114,046 tonnes of copper and 5.8 million ounces of silver, in situ. The Inferred Mineral Resources, compliant with NI 43-101, are based on three Teck diamond drill holes and 21 RC holes done by INV Metals.

Cehegin Iron Ore Project

The project is located in the Muricia region in southeastern Spain, this area has all key infrastructure in place including a rail spur (12km) and a deep water port (115km) from the project site accessible by a 4 lane commercial highway.

The area also has a high skilled workforce and governments keen on assisting development.

Cehegin flag.

Potential 101.27 million tonne Iron Ore resource from 8 zones

Cehegin map.
Cehegin location.

Location

  • The Cehegín Magnetite Project is located near the municipality of Cehegín, in the Autonomous Community of the Region of Murcia in south-eastern Spain

  • Murcia has a mining history dating back over 3,000 years. One of Spain's most famous mining regions, the Sierra de Cartagena-La Union has been sought after for its Fe-Pb-Zn deposits.

  • The Cehegín mine was operated on a small-scale dating back to the 1960's. Most of the documented history of the mine dates from 1975 to 1990.

  • The project area reportedly has 62 principal concessions that cover the project area

Back hoe in mining site.

History

Cehegin Iron Ore Project located in Spain

01

Iron Mining

Iron mining in the municipality of Cehegín has occurred since prehistoric times. During the twentieth century the iron deposits of Cehegín were covered by 62 mining concessions distributed geographically around half a dozenmagnetite deposits. These sites are owned by a small group of mining companies, which form the Association of Mines of Cehegín (la Mancomunidad de Minas de Cehegín).

02

Mina María

The exploitation of Mina María, the principal Cehegín mine, was performed in several stages over at least 15 years and the historical records of the operations show the volumes mined and processed, and the quality of the products produced. Prior to the acquisition by AHV in 1975, several underground workings were excavated in the area of Mina María. These galleries were of small-scale and for the most part, engulfed by the subsequent open-pit operations.

03

Four Million Tonnes

In Mina Maria reported total production was about four million tonnes of ore from reserves evaluated at that time at about five million tonnes. From the 382 holes known to have been drilled between 1975 and 1983 (although so far details are only available on 121 of them) it is apparent that exploration was continued both down-dip to deeper levels, and along strike in both directions.

04

Cehegin Magnetite

The Cehegín Magnetite Project is located near the municipality of Cehegín, in the Autonomous Community of the Region of Murcia in south-eastern Spain

05

Mining History

Murcia has a mining history dating back over 3,000 years. One of Spain’s most famous mining regions, the Sierra de Cartagena-La Union has been sought after for its Fe-Pb-Zn deposits.

06

Documented History

The Cehegín mine was operated on a small-scale dating back to the 1960’s. Most of the documented history of the mine dates from 1975 to1990.

07

Principal Concessions

The project area reportedly has 62 principal concessions that cover the project area

Executive Team

Craig Hutton

Craig Hutton

Chief Executive Officer (Director)

Don Weatherbee

Don Weatherbee

Chief Financial Officer (Director)

Cory Hunt

Cory Hunt

Corporate Development & Strategy (Director)

Dr. Mark Hall

Dr. Mark Hall

Chief Operating Officer

Paul Lemmon

Paul Lemmon

Head of New Business & Exploration

Non-Executive Directors

Sebulon Kankondi

Sebulon Kankondi

Non-Executive Director

David Boyd

David Boyd

Non-Executive Director

Danny Callow

Danny Callow

Non-Executive Director

Dr. Paul Walker

Dr. Paul Walker

Non-Executive Director

Iron Bull mining site.

The Copper Supply Squeeze

Glencore says copper supply must grow by 1M tonnes per annum for the next decade to meet demand, and yet global mined copper grade are declining at a rapid rate. Wood Mackenzie projects that by 2022 current and probable projects will be insufficient to meet demand.

Average copper mining grades in Chile.

Global Average Mine Grade for Copper 0.62%

Primary copper demand scenarios versus mine supply potential.

Copper demand growth puts supply elasticity under stress in an accelerated energy transition(AET-2) scenario

Advisors

Andy Clay

Andy Clay

Advisor

Eddy Angula

Eddy Angula

Advisor

Sylvanus Kathindi

Sylvanus Kathindi

Advisor

Peter Lacy

Peter Lacy

Advisor

Dr. Ian Basson

Dr. Ian Basson

Advisor

Contact Us

Cehegin Iron Ore Project located in Spain

This site is protected by reCAPTCHA. Google’s Privacy and Terms of Service apply.

Hard hats.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.