RWANDA

Rwanda

In Rwanda, Aterian holds the rights to over 3,000 hectares of prospective ground for critical & strategic metals.

Aterian intends to generate growth through:

Exploration and development of Rwandan assets
M & A deal flow and licence ownership
Entering partnerships with existing small-scale producing and near-production assets
We have secured a metal Trading Licence, which will facilitate buy-in opportunities, plus better offshore pricing and by-product credits

the republic of Rwanda

One of the world’s largest producers of the 3 T’s : Tantalum, Tin & Tungsten.
New mining code implementing a regulatory framework to attract foreign investment coupled with the Government’s drive to mechanise and modernise the mining sector.
Voted 2020 Top Regional Mining Location due to its stability and investor friendliness (www.spglobal.com – August 2020).
All mineral exports are traceable through an international tagging system.
Our Trading Licence will allow for buy-in opportunities and better offshore pricing and by-product credits once activated.
Global Tantalum market is forecast to rise from 9 million pounds (lbs) in 2020 to 10.1 million pounds (lbs) by 2027.
Tantalum has important uses in many electronics, with rapidly growing demand driven by uptake of EVs and mobile devices using Ta-Nb capacitors
Ta2O5 (cash) : US$200,000/t from Kigali Traders & Tin (cash-LME) : US$ 19,400/t – Oct 2022.

Western Rwanda

A small–scale development project with 25 tph processing plant.
85% Shareholding in Joint Venture with the Kuaka Cooperative.
Located in western Rwanda with +200 artisanal workings, several extending to depths of +80 m.
No previous mechanical mining or modern processing on the project.
Pegmatite-hosted Tantalite-Niobium mineralisation.
Five target zones identified on the project, with initial work on the “Rich Back” target zone.
Four of these zones are untested; including the “Kassava” pegmatite (450 m strike x 30 m wide on surface).
Drilling planned to test underground potential.

Southern Rwanda

Aterian holds a 70% shareholding in the Joint Venture.
2,750 hectare exploration licence – highly prospective for rare metal pegmatites and magmatic-hydrothermal Sn-W vein discovery.
Mineralisation related to weathered, rare metal hosting pegmatite enriched in Ta, Nb, and Sn. Bedrock potential remains untested.
2 identified historic and mineralised targets on the project, with the HCK-1 target considered evaluation ready.
HCK-1: 1,500 m strike length and c.30 m wide, sub-vertically dipping pegmatite zone along a prominent ridgeline.
Aterian exploration discovers 16 new pegmatite zones on the project.

Huye - Rwanda

Hold a 50% shareholding in JV over a 400 hectare exploration licence.
Immediately adjacent to the HCK JV Licence.
Limited historical artisanal activity which is seen as a positive for the licence.
Four key zones of tantalum-bearing pegmatite identified to date from reconnaissance prospecting over less than 25% of the licence.
Potential for multiple mineralised systems of rare metal-hosting pegmatite.
Multiple additional targets/anomalies identified for follow-up.
Exploration underway for additional new discoveries.
Geochemical sampling and traversing planned with follow-up pitting and manual auger holes over discovered pegmatite zones.