Lithium Project Seeking Investors In Zimbabwe

By Lovemore Freddie Mauled
Mauled Resources (Pty) Ltd (South Africa)
(incorporating Zimbabwe Exploration Geologists Contractors)
Email: zimexgeos@gmail.com
Cell: +27 71 980 1399
30 November, 2016
You have the ground, we give you a mine!

OPERATIONAL RISKS
The business of mining and mineral exploration, development and production by their nature contain significant
operational risks. The business depends upon, amongst other things, successful prospecting programmes and
competent management. Profitability and asset values can be affected by unforeseen changes in operating
circumstances and technical issues.
POLITICAL AND ECONOMIC RISK
Factors such as political and industrial disruption, currency fluctuation and interest rates could have an impact on
future operations, and potential revenue streams can also be affected by these factors. The majority of these factors
are, and will be, beyond the control of any operating entity.
COPYRIGHT
Copyright in all documents, drawings and records, whether manually or electronically produced, which form part of the
submission and any subsequent report or project document shall vest in Mauled Resources (Pty) Ltd. None of the
documents, drawings or records may be used or applied in any manner, nor may they be reproduced or transmitted in
any form or by any means whatsoever for or to any other person, without prior written consent of Mauled Resources
(Pty) Ltd.
Mauled Resources (Pty) Ltd acknowledges the usage of information from various sources such as geological reports by
Mssrs F. Mugumbate and W. Dube and other data available on the public domain. The author of this report has been to
the site himself in 2001 to monitor the mining of tantalite by one of the former owners of the claims.
Further details of the project will be disclosed to the investors upon receipt of an expression of interest.
Prepared by Mauled Resources (Pty) Ltd
South Africa.

Mauled Resources (Pty) Ltd is a South Africa registered exploration and mining geology consultancy. The company has been duly
mandated by the project owners (and/or their representatives, for a commission) to promote the lithium project mentioned in the
following presentations.
The area of concern in this report was initially pegged for beryl then focus changed to tantalite and cassiterite mining. Numerous old
shallow pits and quarries exist on the claims. Several pegmatites, in biotite schists, striking NNW-SSE underlie the claims. Eluvial
workings are known to be a historical source of cassiterite in the claims. Little production of gem quality beryl was , however, reported
on the claims which host excellent grade tantalite reaching as high as 60%. The pegmatites , whose widths vary from 0.5m to 30m,
intrude the amphibolite unit of the Mataki Greenstone belt. Their length may exceed 600m and their emplacement is believed to have
taken place along normal faults which often cut the schistocity. Barton et al envisage that these pegmatites are derived from an
intrusive suite called the Sutswe Intrusive.
Geological mapping of the pegmatites in the area was done by Trashliev et al in 1990 and it identified the following zonation in the
pegmatites:
South Africa.
General Historical Zonation defined by Trashliev et al (1990)
Zone
Quartz
(%) Microcline (%) Muscovite (%) Garnet (%) Magnetite (%)
Spodumene
(%) Albite (%)
Wall Zone 40 -50 30-40 10-30 5-10 1-5
Intermediate Outer Zone 30-50 40-60 10-30
Intermediate Inner Zone 20-40 30-50 10-20 10-20
Core Zone 80-98 1-5
No systematic exploration work, that can lead to resource estimation/calculations, has been carried out on the claims so far but small
scale operators on the claims have recovered economic quantities of tantalite in recent years .
Recent work on the claims is said to have revealed an abundance of spodumene, lepidolite and petalite.
The project owners estimate the claims to hold a potential Lithium tonnage of approximately 50 million tonnes to a depth of 50 metres.
Due to the increased demand for lithium carbonate the conversion of spodumene to lithium carbonate has also increased. The strong
price increase for lithium carbonate to over 5,000 to 6,000 US$/t since 2005 has led to the profitable production of lithium carbonate
from spodumene.
Generally, Li2O content of ore may range between 1% - 4% or more on some projects. Commercial concentrates may have a Li2O
content ranging between 4 % to 7.75% or more.

South Africa.
The owners are seeking to negotiate an outright buy-out of US$ 580 000 by interested investors.
Interested investors are requested to send an Expression of Interest (E.O.I) on a their official company
letterhead to:
Attention: Mr L. Mauled
Mauled Resources (Pty) ltd
Email 1: zimexgeos@gmail.com
Email 2: lovemauled@yahoo.co.uk
 On receipt of the “Proof of Funds” in the form of a bank comfort letter(BCL) OR Bank
Guarantee (BG) Mauled Resources (Pty) Ltd will release full documentation to the prospective
buyer.
 We will also arrange a Site visit at which stage the project owners and the Investor will meet.
 At this stage all other documents pertaining to the mine will be tabled for inspection by the
investor and their team.

Main Mineral Commodity Lithium
Other Mineral Commodities Tantalite
Cassiterite
Beryl (Gem)
Country Zimbabwe
Province Mashonaland East
Number of Claims 9 claims of 25 hectares each.
Total Area of Tenements 225 Hectares or 2.25sq.km
Drilling No drilling has been done on the project yet
Project Promoters Mauled Resources (Pvt)(Ltd) South Africa
Contact Person Mr Lovemore (Freddie) Mauled
Email zimexgeos@gmail.com
lovemauled@yahoo.co.uk
Whatsapp Number +27 84 907 6460
Cell Number +27 71 980 1399
South Africa.

The claims are accessed via the Harare-Murehwa main road. At Murehwa business centre procced
along a tarred road for about 73 km to Mutawatawa then to Chitsungo growth point. At the 80km
mark the tarred road becomes a dirt road which when followed for about 15km will lead to
Gumbo store. Turn right at Gumbo store and head towards the claims about 9km away via Sowa
primary School road. The nearby Sowa dam is a source of water to the claims.
South Africa.
Project
Location

South Africa.
Each block of claims in the project area is 25 hectares in size. The project has 9 claims.

South Africa.
The regional geology, which forms part of the Zimbabwe Archaean craton, consists of three
terrains. Migmatite Gneiss terrain, Greenstone-Grey Gneiss terrain and the Granite terrain.
The Greenstone-Grey terrain is subdivided into two entities namely Greenstone terrain
and the Grey Gneiss terrain. The claims in question are with a Greenstone terrain called
the Mataki Greenstone belt.
The migmatite Gneiss terrain represented by the Pfungwe Metamorphic suite consists of
granulites, migmatites and gneisses adjoining the Greenstone-grey gneiss terrain to the
south. The Greenstone-Grey terrain itself is composed of metavolcanic sequences of
basaltic to dacitic composition.
The Mutoko intrusive suite belonging to the Granite terrain to the south of the
Greenstone-Grey gneiss terrain consists of sheeted coarse grained biotitic granite,
granodiorite and quartz diorite. Generally there are pegmatitites, associated with the
Sutswe suite of granitoids which ae widely distributed and lie close to the northern contact
of the Mataki Greenstone belt.

South Africa.

South Africa.
Claims of Interest

South Africa.
Between 1988 and 1989 a joint venture channel sampling programme was conducted on the pegmatites on the
claims. 64 channel samples were collected from the pegmatites, the tantalite concentration ranged from trace to
1200g/t with a mean value of 265g/t.
The average Nb2O5 grade was 224g/t with variations from trace to 1660g/t, while those for BeO, Li2O, Rb2O and
Cs2O are as shown in the table below:
Mineral BeO Li2O (Lithium) Rb2O Cs2O
Grade (g/t) 368 514 939 160
• Depending on the use, lithium is traded primarily as lithium carbonate, chloride, hydroxide, mineral concentrate
or, less frequently, as metal.
• Lithium mineral concentrates are exported from Australia, Canada, and Zimbabwe.
• Spodumene concentrates produced in Australia are mainly exported to Asia, including China as well as Europe
and North America.
• Spodumene concentrates produced in Canada are primarily supplied to the USA, South Korea and Europe.
• South Africa is the main market for petalite, produced in Zimbabwe, although material entering South Africa
may be forwarded to Europe and Asia (Roskill 2009).

South Africa.
The table below shows the results of a soil and rock chip sampling activity carried out
in 2011. The samples were analysed at a laboratory in Harare, Zimbabwe. As
mentioned earlier the sampling was done when the focus was mainly on tantalite.

• Potential to drill and test the pegmatites for evaluation in order to be able to do a resource estimation
thereby increasing the value of the claims of the value curve.
• Good to excellent recoveries might be achieved if there is utilisation of a properly planned technical
approach based on adequate professional geological investigations and mechanised equipment to
recover lithium from the licence.
• There is potential to discover other economic minerals that can be a result of assemblage inclusions
or even heavy mineral sands in the claims.
• Potential of discovering a huge lithium deposit through proper geological evaluation methods.
• South Africa is the main market for petalite, produced in Zimbabwe, although material entering South
Africa may be forwarded to Europe and Asia
South Africa.
• Arcadia Lithium project (Zimbabwe)
• Lithium Australia NL (Australia)
• Sienna Resources (Nevada, USA)

South Africa.
In 2009 the four biggest lithium mining companies had a combined global lithium mine production share of over
77%. The largest lithium mining companies were Sociedad Quimica y Minera de Chile SA (SQM) followed by Talison
Minerals Pty. Ltd. (Australia), FMC Corp. (USA), and Rockwood Holdings Inc. (USA). Only four companies accounted
for 100% of the production of lithium carbonate and lithium chloride. The market leader, with 40% share of world
production, was the Chilean company Sociedad Quimica y Minera de Chile SA (SQM), which extracts lithium
carbonate and chloride from the Salar de Atacama. The second largest producer, with an estimated 21% share of
world production, was the FMC Corp., a diversified chemical company, which extracts lithium salt from the Salar
de Hombre Muerto in Argentina.
The American company Chemetall Foote (a subsidiary of Rockwood Specialties Group) had a global share of 15%,
down from 31% in 2008. Chemetall produces lithium carbonate from brine at Silver Peak (Nevada, USA) and the
Salar de Atacama (through the company Sociedad Chilena de Litio). Chinese companies, such as China Xinjiang
Nonferrous Metals Corporation (Xinjiang), Sichuan Tianqi Industry Group (Sichuan), Sichuan Guorun (Sichuan)
produce lithium carbonate from locally mined and imported lithium minerals (spodumene from Australia).

South Africa.
Source: BGR lithium report

South Africa.
Long-term lithium demand will be dominated, by the battery, glass and ceramics, greases, air
conditioning and aluminium production sectors. An enormous growth in demand is expected due to the
use of lithium-ion batteries for hybrid and electric cars.
However, information about the expected development of electric vehicles, number of the new
registrations with lithium-ion batteries, and the percentage of each type of vehicle vary greatly.
If all planned exploration and mining projects actually begin production, the high demand for lithium
can be easily met.

1. Follow up surveys using ground geophysics methods.
2. Design of relevant exploration grids
3. Geological Mapping of the licences and determination of mineralisation.
4. Pegmatite zones characterisation.
5. Geochemical sampling to determine other mineralisation and grade distribution.
6. Determination of other ore types present in the target zones.
7. Pitting or trenching down to the bedrock, mapping and sampling.
8. Panning of rubble for heavy minerals.
9. Bulk sampling and bulk sample processing.
10. Drilling to understand occurrences and grades at depth.
11. Core logging and QAQC
12. Sampling, laboratory despatch and analytical results data synthesis.
13. Data capturing
14. Geological modelling
15. Resource/Reserve estimation
16. Reporting.
The following exploration activities are recommended in order to fully explore and understand the
mineralisation occurrences in the area for subsequent mining. The investigations will lead to the
generation of world standard acceptable reports such as NI43-101, JORC or SAMREC compliant
geological reports for the project.
South Africa.

Project Promoters Mauled Resources (Pvt)(Ltd), South Africa
Contact Person Mr Lovemore Freddie Mauled
Email zimexgeos@gmail.com
Whatsapp Number +27 84 907 6460
Cell Number +27 71 980 1399
South Africa.

Lithium Project Seeking Investors In Zimbabwe

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