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Company Profile

AIM Resources key project is the Perkoa zinc mine in Burkina Faso. The company owns 90% of the high-grade world class emerging zinc mine. Perkoa has a JORC-compliant ore reserve of 6.3 million tonnes at a mine head grade of 14.5% zinc, equating to 907,679 tonnes of contained zinc metal. Processing plant throughput will be 525,000 tonnes per annum in zinc metal production.

In Zambia, AIM Resources has a joint venture with BHP Billiton to explore the Mumbwa copper-gold project. The area is prospective for iron-oxide copper-gold deposits similar to the world class examples of Olympic Dam (South Australia) and Ernest Henry (Queensland). Previous drilling in the mid-late 1990s by BHP-Billiton outlined significant mineralisation in 8 of 9 holes over a strike length of approximately 6km. A drilling campaign in 2007 intersected encouraging copper and gold mineralisation. The company has designed a follow up programme to drill test a large radiometric anomaly in 2008.

In South Africa, AIM Resources owns 74% of the Mokopane Nickel-Platinum project on the northern limb of the Bushveld Igneous Complex, which accounts for some 80% of the platinum resources globally and 67% of global platinum production. Mokopane has a JORC-compliant inferred resource of 39.7 million tonnes grading 0.146% nickel, 0.085% copper, 0.22g/t platinum and 0.33g/t palladium.

African Strategy

AIM Resources African strategy is focused on:

  • Developing the Perkoa Zinc mine.
  • Acquiring base and precious metal projects in West Africa and the Zambian copper belt.
  • Targeting primarily advanced exploration/pre-production projects.
  • Seeking to apply Australian mining experience (technical and financial) to projects identified by AIM.

Key points

  • Owns 90% (10% free carried by Berkina Faso government) of the high-grade, world class Perkoa zinc mine in Burkina Faso.
  • Joint venture with BHP Billiton in the Mumbwa copper-gold project in Zambia.
  • Owns +1 million ounce Mokopane PGM equivalent project in South Africa.
  • Listed on the Australian Stock Exchange (ASX) and London's Alternative Investment Market (AIM).