Nickel In Uganda
Jurisdiction, Location, and Expertise
Elephant
Country
In the right neighborhood of
District Size
Package
Four licenses combining to 74200 hectares in the East African Nickel Belt
Mining
Friendly
A strategic, de-risked jurisdiction
The Nickel Landscape
Nickel sulfide deposits
The Nickel Landscape
Nickel sulfide deposits tend to form along trends; prolific and extensive massive-ultramafic structures that contain the world's richest nickel sulfide deposits.
Nickel Sulfide Deposits
Nickel sulfide deposits tend to be vast, high-grade and polymetallic. Some of the world's longest running and most well-endowed mines are nickel sulfides, such as Norilsk and Sudbury.
The East African Nickel Belt
One of the most prolific trends is the well-established East African Nickel belt.
The East African Nickel Belt
Nickel sulfide deposits
Well-Established Trend
The East African Nickel Belt host a continuous 2,500+ km corridor of Ni-Cu-PGE sulfide deposits, stretching from South Africa, through Zimbabwe, Zambia, Tanzania and Uganda.
New Clusters
Since the first Nickel - PGE clusters were discovered in South Africa, the trend has continuously been extended north, with new clusters being discovered every 20 years like clockwork.
Logical Northern Extension
Uganda sits on the underexplored northern extension of the East African Nickel Belt. The Northern limits have not been found, leaving vast prospective terrane untested.
Analogues in Region
High-Grade Nickel Sulfide Deposits
Our model is directly comparable to established, world-class analogues in the region, such as the world’s largest high-grade undeveloped Nickel Sulfide deposit, Kabanga in Tanzania.
| Deposit Name |
Country | Type | Status | Owner(s) | Resources (Mt) |
Grade (%) or (g/t) |
|---|---|---|---|---|---|---|
| SelebiPhikwe | Botswana | Ni-Cu-PGE | Deposit | Premium Nickel (100%) |
15.9 (M+I) | Ni: 1.02; PGE minor |
| Enterprise | Zambia | Ni-Cu-PGE | Resource | First Quantum (100%) |
37.7 (M+I) | Ni: 1.01 |
| Musongati | Burundi | Ni (PGE minor) | Resource | Government JV (85% BMM, 15% state) |
122 (historical) | Ni: 1.40 |
| Kabanga | Tanzania | Ni-Cu-PGE | Deposit | Lifezone Metals (69.7%) |
67.1 (M+I+I) | Ni: 2.09 |
| Kapalagulu (Lubalisi Reef) |
Tanzania | Ni-Cu-PGE | Deposit | Nachingwea Mining (100%) |
113 (JORC) | Ni: 0.82; PGE: 1-6 g/t |
| Akelikongo | Uganda | Ni-Cu (PGE potential) | Prospect | Blencowe (Reverted to govt. 2024) |
Not Declared | Intercepts: Ni up to 2.4%; Cu up to 2.0 |
| Zombo | Uganda | Ni | Prospect | Samta Mines | Not Declared | N/A |