PROJECT

Projects

Environmental & Social Review Summary

Project Number

28130

Company Name

Kiwara plc

Date ESRS Disclosed

Apr 29, 2009

Country

Zambia

Region

Africa

Last Updated Date

Nov 30, 2016

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jun 20, 2009
Signed : Jun 29, 2009
Invested : Aug 27, 2009

Sector

Nickel

Industry

Metals and Mining

Department

Gbl Infrastructure & Natural Resources

Project Description

Kiwara Plc (“Kiwara” or the “Company”) is a London-based mineral exploration company focused on exploring and developing base metals deposits in Zambia. The Company is listed on London’s AIM (ticker: KIW) and Johannesburg’s JSE (ticker: KWR), with a market capitalization of approximately GB£34.0 million (US$49.5 million).

The Company, through its subsidiary Kiwara Resources (Zambia) Ltd (“Kiwara Zambia”), holds 80 % of Kalumbila Minerals Ltd (“KML”), with the remaining 20% being held by their Zambian partners, LM Engineering Ltd (15%) and Kashengeneke Enterprises Ltd (5%). KML holds Prospecting Licence 267 (the “License Area”) that is within an increasingly significant mining area that contains the new Kansanshi (First Quantum Minerals) and Lumwana (Equinox) copper mines. For the purposes of this report KML will be used in the sections below.

The Licence Area includes three deposits that have previously been drill-investigated – the Kalumbila Nickel-Cobalt-Copper deposit, the Kawako Nickel-Copper deposit, and the Kawanga Uranium deposit. Drill results indicate the presence of high grade nickel zones in excess of 1%. Kawanga was historically a uranium target area, but Kiwara is now pursuing it for base metal potential. Copper mineralization was discovered by a historic borehole intersecting 47m chalcopyrite.

At Kalumbila, the Company plans to produce an independent initial resource statement, complete a pre-feasibility study and if appropriate, progress to full feasibility study. At Kawako, the Company plans to complete strike drilling to extend the nickel discovery and to move forward to completing a scoping study. At Kawanga, the Company will initiate investigations of base metal showings.

Overview of IFC's Scope of Review

IFC specialists visited the Kalumbila Minerals Limited (KML) Project site from the 23rd to the 26th of March 2009, and met with key Sponsor representatives. Field visits were organized to the different target areas within the license area, namely; Kawako: Nickel-Copper deposit, and Kalumbila: Nickel-Cobalt-Copper deposit. A brief discussion was held with the Kalumbia workers whilst a community school (Musanda School) that Kalumbila Minerals is supporting was also visited and a brief discussion held with the Headmaster of the same school.

A Kalumbila Minerals Limited Environmental Project Brief prepared by KML and submitted to the Environmental Council of Zambia (ECZ) together with the approval letter from ECZ was received from Kiwara prior to the site visit and this document was reviewed. On arrival in Zambia, the IFC team was presented with a presentation booklet and the Sponsor team delivered a presentation of the project to the team before the site visits. A background information search, largely internet, was carried out by IFC covering Kiwara and the license area. The main objective was to identify and review any publicly available information that could be useful in the appraisal process.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Client Documentation

File Name Actions
Microsoft Word - Kiwara ESAP Description V01.pdf