Special Prospecting Licence (SPL 1420)

The Namosi Joint Venture (NJV) has been granted a Special Prospecting Licence (SPL 1420) by the Fiji Government to explore for minerals in the Namosi area. The licence area is primarily in Namosi and Naitasiri Provinces.

Exploration activities are currently focused on two ore bodies in the Waisoi area in the Namosi Province which contain copper, gold, and molybdenum. In addition, highly prospective locations to host copper and gold mineral deposits have been identified in the Waivaka Corridor and other areas. Exploration drilling continues to assess the potential of copper and gold targets in these areas and regional geological mapping and reconnaissance are being conducted to identify further targets for follow up drilling.

The NJV is undertaking extensive technical studies to determine whether it is possible to develop and mine the two ore bodies at Waisoi. An Environmental Impact Assessment (EIA) is also underway to identify and assess the potential social and environmental impacts of a mine at Waisoi.