The project seeks a US$160,000 investment for a 10-hectare gold mining project located in Shurugwi, Zimbabwe. The area has a history of mining for gold and other minerals. The project was previously operated by Germans and several small-scale mining operations currently exist nearby. Exploration work including trenching, drilling, sampling, and resource estimation is required. The document argues that many former small-scale gold mines in Zimbabwe have potential to be developed into larger-scale mines with further investigation and inclusive studies.

1. Gold Project Seeking
Investor In Zimbabwe
Promoter: Lovemore Mauled
Mauled Resources (Pty) Ltd, South Africa
Email: lovemauled@yahoo.co.uk
Email: zimexgeos@gmail.com
Cell: 0719801399

2. Mineral Commodity Gold
Project Location Shurugwi
Project size 10 hectares
Investment Amount
Required
US$160 000
The project is located on a mineral-rich
Archaean greenstone belt, known in this
area as the Selukwe Schist Belt making it
one of the most mineral-rich towns in
the country. Chromite, gold and nickel
are all mined around Shurugwi.
Province Midlands
Country Zimbabwe
Proposed Mining Method Potential open pit and underground
Scale of Operations Small Scale (recently purchased by a
new owner).
Historical Operations Mine was previously operated by
Germans.
The project is in an area where several
other small scale operations including
artisanal mining is currently being
undertaken.
Available Data Survey report (2015)
Further Work Required Exploration trenching ,drilling, Sampling
and Resource Estimation.

3. Location on Map Of Zimbabwe

4. Potential
Small-scale miners lack the necessary financial and technical skills
to explore and exploit larger ore bodies, preferring narrow quartz
veins that are easier to exploit with rudimentary tools. As a result, a
number of potential large ore bodies remain sterilised by small-
scale mining. Eureka mine in Guruve and Freda-Rebecca near
Bindura were typical small mines exploiting narrow quartz veins
through conventional underground methods. However, a new
interest in low grade, high tonnage gold deposits saw the
reinvestigation of the two mines resulting in them being developed
into large open pittable mines.
With over 6,000 small gold deposits having been exploited in
Zimbabwe, there are huge opportunities to investigate many of
them for potential for large mines. Studies in the Zimbabwe Craton
have indeed shown that most large deposits do not occur in
isolation, but include apparent small mines with potential for
development into larger mines if investigated inclusively. Well
known areas such as the Termite- Khanye trend in Silobela, the
Dalny-Lily Fault zone in the Midlands Greenstone Belt, the Surprise
Fault near Shurugwi and the environs of Motapa Mines, and
several other areas in the Zimbabwe Craton, have great potential to
host several million ounce gold deposits.
Many areas of small-scale mining such as Tafuna Hill, Makaha, and
Mt. Darwin provoke methodical reevaluation as casual observations
suggest that small-scale miners in the areas are exploiting discrete
rich quartz veins in much wider lower grade shear zones that could
be viably exploited as large mines.

5. Extracts from a copy of a report of survey work done in 2015

9. Proof Of Tenure