Investment Opportunity · Mining
Lithium Exploration Block
Goromonzi, ZimbabweOpen · EquityOPP-B56F4856
Raising
$12.0M
Target Return
Target IRR 31%
Horizon
7 years
Min. Investment
$1.0M
Business Summary
An early-stage hard-rock lithium block on strike from active producers in the Goromonzi pegmatite field. Capital funds a definitive drill-out and a maiden JORC resource ahead of a spodumene concentrator decision.
Why Invest
Investment Highlights
- On the same pegmatite trend as two producing lithium mines
- 2,400 ha contiguous, fully-pegged claim block
- Surface sampling returns up to 1.6% Li₂O
- Strong off-take appetite from EU and Asian battery makers
The Capital
What it needs
- Project value
- $12.0M
- Capital required
- $12.0M
- Already secured
- None stated
- Capital gap
- $12.0M
- What investors are asked for
New project (greenfield). Figures as stated by the company; the full breakdown is in the data room.
Bankability
Investment readiness
- Identified
- Profiled
- Pre-feasibility
- Feasibility done
- Structured
- Investment-ready
Readiness record3 of 11 done
- Ownership verifiedDone
- Land or title confirmedDone
- Feasibility studyIn progress
- Market studyDone
- Financial modelIn progress
- Environmental approvalNot started
- Regulatory approvalsNot started
- Offtake or anchor customersNot started
- Management team in placeNot started
- Data room readyNot started
- Capital structure agreedNot started
As stated by the company. “Checked” means our analysts have verified a document proving that item; ask for the documents behind any other.
On the Ground
Project Location
Goromonzi, Zimbabwe
Next step
Express your interest
Register interest in Lithium Exploration Block ($12.0M · Target IRR 31%). We connect you with Batoka Minerals and share the full due-diligence pack.