Resource in-fill Drilling
Huni Urib has a 20% Free Carry Interest and 20% Shareholding in Australian Listed, Lepidico Ltd's (ASX – LPD) Lithium Project in Namibia.
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Location Map
The Exclusive Prospection License’s (EPL) held in the Namibia by the Karibib Lithium Project. Lepidico 80% and Huni Urib 20%.
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Bulk sampling
Bulk sampling on the project area indicated that the Project Mineral Resources are very robust. Additinal diamond core drilling by Lepidico has also been condcuted resently.
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Modern Export Harbour
Walvisbay is 240 Km from the Lepidco mining site. The main road to the west coast from Okahandja to Walvisbay is traversing the EPL area and provide and excellent logistical route to the export harbour.
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Green energy is the future
Huni urib is at the cutting edge, through its 20% Free Carry Interest and 20% Shareholding in Lepidico Ltd's (ASX - LPD) Namibian operations. !Huni-/Urib Holding Company (Pty) Ltd ("Huni Urib") was established to facilitate a transaction between LiCore Mining (PTY) Ltd of Namibia and Desert Lion Energy Inc during 2017. LiCore Mining was the original owners of the Claims on and surrounding the Rubikon mine. An agreement was reached with the owners of Helikon and the Owners of Epl 5439 covering a much larger exploration area. The name comes from a local Namibia language meaning Strength, to be Strong.
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Lepidico Ltd (ASX listed Code: LPD) Defininative Feasibility Study ("DFS") for Phase 1 of the development of the Karibib Lithium Project in Namibia
Some of the high lights are:: Definitive Feasibility Study as published by Lepidico indicates an attractive Phase 1 Project economics within 12 months from commencement with a 31% Internal Rate of Return and NPV, at a discount rate of 8%, of US$221 million (A$340 million) ungeared, based on a 14 year production life.
View PDF News - Economist Namibia and Simply Wall St
Elements contained in the Kiribib Lithium Project Resource
Exploration for Gold and Base Metals
The comapny has consideral experience in exploration and mine deveolpment in Namibia and has entered into a cooperation agreement with
Thabex Limited, a Junior Mining Company based in Johannesburg in South Africa, to assist in the exploration and development of additional EPL's held by the company for gold and base metals.
