DMC Mining (ASX:DMM) is acquiring the high-grade uranium, rare earth elements and niobium project in Guinea. In June 2024, DMC Mining announced that it was acquiring Veridis Energie SARL (Veridis), the owner of the Firawa REE-Uranium Project in eastern Guinea, Africa.
A key feature of the Firawa Project is that REE and Uranium mineralisation are co-associated along the entire 3km strike drilled to date, with over 200 high grade REE intercepts already recorded from the 12,000+ metres already drilled.
Existing offices and sheds are on site and require minor refurbishment prior to re-use in the exploration program, expected to commence shortly after re-listing.
Executive Chairman: David Sumich
Mr. Sumich is an experienced Mining Executive with over 25 years’ experience in the mining industry,
He has operated mining and/or exploration projects in Gabon, Mali, Republic of Congo, Burkina Faso, Guinea, Tanzania, Madagascar, Malawi, Mozambique, Argentina and Australia.
Mr Sumich has a Bachelor of Business degree and has been a Member of the Australian Institute of Company Directors for 15 years. He is currently Co-Chair of Chamber of Australia Africa Mining & Investment, and he has a strong ESG focus for those companies he is involved in.
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