NTZ Group — Company 03

LONGATSHIMO

Longatshimo Mining Company — Diamond Mining

Overview

Company Overview

Longatshimo Mining Company is a Congolese limited liability company incorporated in May 2005, focused on the research, exploitation and commercialisation of diamonds. It holds a cluster of exploitation permits straddling the Longatshimo river.

The permits lie about 4 km from the Angolan border at the town of Dundu. Several drilling and probing campaigns have already been carried out across the ground.

Longatshimo Mining Company — drilling campaign

Identification

Legal form

SARL, incorporated May 2005

Corporate object

Research, exploitation and commercialisation of mineral substances (diamond)

Share capital

USD 50,000 — 100 social shares

Shareholders

Marie-Chantale Kashama and Franck Nyimilongo

Registered office

6 Avenue du Lac, Kinshasa/Limete

Manager (Gérant)

Franck Nyimilongo

Mining Titles

Permits

PEPM 484–491

Location

4 km from the Angolan border, town of Dundu, on the Longatshimo river

Legal status

Pending transformation into a PE (exploitation permit), placed under force majeure

Location & Drilling

Longatshimo permits location map
Drilling and probing works

Several probing and drilling campaigns have been completed across the permits, illustrating the diamond-bearing gravels of the Longatshimo river system.

Collaboration Sought

Integration by share transfer

Entry into the capital through the transfer of shares.

Joint venture

Creation of a joint venture to develop the exploitation of the permits.

Leadership

Franck Nyimilongo

Gérant

Key Facts

Incorporated
May 2005
Permits
PEPM 484–491
Share capital
USD 50,000
Sector
Diamond mining

Location

6 Avenue du Lac
Kinshasa/Limete
Democratic Republic of Congo