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Pambili Natural Resources Corporation V.PNN

Alternate Symbol(s):  PNNEF

Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company. The Company is focused on activities in Zimbabwe, including exploration and evaluation of gold mining properties. Its projects include the Golden Valley Project, and Happy Valley Mine. The Golden Valley Project is a typical Orogenic-style gold deposit located in the Bulawayo Greenstone Belt. The Golden Valley project has a high-grade underground mining with gold production. The Golden Valley Project covers an area of 48 hectares. Its Happy Valley Mine is a producing gold mine. The mine is located 15 kilometers (km) from the city of Bulawayo, Zimbabwe. The Company’s operational activities are conducted in two geographic segments: Canada and Zimbabwe.


TSXV:PNN - Post by User

Post by AuChaseron Aug 10, 2022 11:03am
133 Views
Post# 34884794

Mechanization of operations at Happy Valley Mine

Mechanization of operations at Happy Valley MineA news release from Pambili today on its website:

CALGARY, Canada (Aug. 10, 2022) — Pambili Natural Resources Corporation ("Pambili" or the "Corporation") (TSX-V: PNN) is pleased to announce that capital expansion of the Happy Valley Mine (“HVM”) is moving ahead with the arrival this week of mechanized equipment to ramp up production.

The Happy Valley Mine, near Bulawayo, Zimbabwe, this week took delivery of a Massey Ferguson 440 series tractor following a 900-kilometre journey from Johannesburg, South Africa. Pambili also anticipates delivery of an eight-tonne tipping trailer from a local supplier in the next two weeks. The search is on for a suitable tractor-loader-backhoe unit, which is expected to be purchased by the end of the month.

https://www.pambilinrc.com/news-releases/mechanization-program-gives-happy-valley-mine-production-boost

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