Project Reports and KSL Factsheet

If you’re a prospective investor, investment analyst or a member of the media, you’ll find here additional information about the KSL project and its development:

Geology

The KSL deposit is located in the "Central European copper belt", an area of some 600,000 km² which ranges from the UK via the Netherlands and Germany into Poland, and as far as the Baltic countries and Belarus. It is of the Kupferschiefertype, a thin (generally less than one meter thick) bed of marin bituminous marl of Upper Permian (Zechstein) age, occuring over a large area of north-central Europe. The Kupferschiefer has been exploited for silver and some base metals, notably copper, since medieval times. The mineralization is predominantly copper with some lead, zinc, gold and silver. The mineralization occurs in 3 layers of the Werra Series in Basal Zechstein statigraphy: the Limestone, the Copper Shale and the Sandstone.

The database consists of 164 drill holes (or wedges), 52 of which intersect mineralization. the last drilling campaign in 2009/10 led to a NI 43-101 Resource Report by SGS Canada Inc. - Geostat defining 115 million tonnes of indicated resources at a total of 1,9% CuEQ, and inferred resources of 14,5 million tonnes at a total of 1,89% CuEQ.

Further drilling is envisaged to increase resoruces and as support for the feasibility study.

Kupferschieferlausitz

KSL