"To meet global net-zero targets, investment needs to triple to US$4.55 trillion every year until 2030."
Recently, Africa has been in a mining spotlight as it's a resource-rich continent that has been largely overlooked. Mali specifically is a diversified and mining friendly jurisdiction and is currently Africa's 4th largest gold producer.
As the world continues looking towards reliable sources of energy for the future, African Energy Metals' (CUCO.v NDENF) provides diversified exposure into a range of metals with its upcoming polymetallic acquisition from Goviex (GXU) for its licenses, known as the Falea project, totalling 225 km2 with significant potential.
The licenses have an an existing, NI 43-101 compliant, uranium, copper & silver resource. Plus, drilling at the Faela Project resulted in 31M proven pounds of uranium on only 5% of the licenses.
Plus, the project is located in close proximity to B2Gold's (BTO) producing Fekola mine as well as IAM Gold's (IAM) Siribya Deposit.
More on the acquisition: https://africanenergymetals.com/2023/02/23/african-energy-provides-an-update-on-mali-acquisition/
Posted on behalf of African Energy Metals Inc.