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TSX-V:DSM FRA:DSD

Deep-South Resources Inc

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Market:
TSX-V
Market Cap:
$8.78 m
Price
0.06 CAD
Change
0.00%
52 weeks high
0.30
52 weeks low
0.04

In brief

Deep-South Resources is a mineral exploration and development company. involved in the exploration and development of major mineral properties in Africa. Deep-South growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries. Deep-South holds 100% of the Haib Copper deposit in the south of Namibia. Haib is arguably the oldest porphyry deposit in the world and one of the largest in Africa. A recent PEA at a price of copper of $3.00 / lb generates an after-tax NPV of $950 million and an after-tax IRR of 30%.

Snapshot

The project is arguably the oldest of its type in the world and one of the largest in Africa