North Zone M&I Mineral Resource*

Massive Sulphide & Gossan

8.9Mt at 10.52% ZnEq

North Zone Inferred Mineral Resource*

Massive Sulphide & Gossan

0.5Mt at 6.62% ZnEq

South Zone M&I Mineral Resource*


10.0Mt at 1.22% CuEq

South Zone Inferred Mineral Resource*


8.1Mt at 1.16% CuEq

  • Initial Exploration has focused on the Venda Nova deposit 
  • Significant high-grade VMS deposit with robust resource expansion opportunities
  • Located in the prolific Iberian Pyrite Belt which hosts numerous world class mines
  • Established mining district with solid infrastructure supporting accelerated development

Deposit Type: Volcanogenic Massive Sulphide (VMS) 

Metals: Zinc, Lead, Silver, Copper, Gold, Tin

Location: Grândola, Setúbal District, Portugal

Ownership: 80%

Status: Feasibility Complete

Infrastructure: Access to roads, power and water