Identify. Explore. Develop
mineral exploration and development
in sub-Saharan Africa
Namibia
lead, zinc, silver, copper and gold
Mozambique
phosphate and iron ore

Ministerial Visit to Mine Site June 2015

Ministerial site visit, June 2015 attended by a large delegation including the Namibian Minister of Mines and Energy in Namibia, the Honorable Obeth Kandjoze, and the Governor of the Erongo Region, the Honourable Cleophas Mutjavikua

North River is a mineral exploration and development company active in Namibia and Mozambique. The Company is focussed on re-opening its flagship asset, the Namib Lead Zinc Project near Swakopmund in Namibia and is targeting commencement of production in the near term.

The project has a current JORC resource of 1,250,000 tonnes, with resulting underground in-situ metal inventory of:

  • 30,709 tonnes of lead
  • 80,640 tonnes of zinc
  • 1.76 million ounces of silver

A mine development plan has been completed based on a 250,000kt per annum plant, which demonstrates a payback of just 1.4 years based on a Mineral Inventory of 425kt of Indicated Resource, and 234kt of Inferred Resource.


The Company has a project equity agreement for up to $12.0 million with Greenstone Resources with which to progress the project through to production.
In addition to the Namib project, the Company has numerous other interests in both Namibia and Mozambique covering phosphate, iron ore, copper and gold. In tandem with the development of Namib into production, the Company has a wider strategy to build North River by acquisition during the sector downturn to become a high-growth enterprise.

Share Price (at 31.08.16)

14.00 GBX

Latest News
26.08.2016 Company Update
18.07.2016 Result of General Meeting and Fundraising
07.07.2016 Change of Registered Office Address
06.07.2016 Shareholder Conference Call
28.06.2016 US$5.6 million Fundraising, Share Capital Reorganisation & Notice of General Meeting
24.06.2016 Board Change
02.06.2016 Final Results
26.04.2016 Drilling update
25.04.2016 Namib Mining Licence proposal submitted to Ministry of Mines and Energy
21.03.2016 Drilling update
26.02.2016 Acceptance of Notice of Preparedness to Grant Mining Licence for Namib Project
23.02.2016 Update on Notice of Preparedness to Grant Mining Licence for Namib Project
12.02.2016 Drilling campaign successfully delineated additional extensions of known lodes and identified additional high grade targets
11.02.2016 NRR Corporate Presentation
01.02.2016 Receipt of Notice of Preparedness to Grant Mining Licence for Namib Project
22.01.2016 Notification of Shareholding
11.12.2015 Board Changes
13.11.2015 Namib Project Work Programme Update
30.10.2015 Namib Project Update
07.10.2015 Director Holdings
06.10.2015 Update on Phase One Fundraising
01.10.2015 Result of Open Offer
30.09.2015 Interim Results
15.09.2015 Placing Open Offer
28.08.2015 Result of General Meeting
27.08.2015 Update re IR Conference Call
11.08.2015 Financing Proposal and Notice of GM
03.07.2015 Change of Broker
22.07.2015 Namib Bankability Strengthened Significantly following Metallurgical Testwork
22.07.2015 Namib Project Development and Funding Update
10.07.2015 Board Changes
02.07.2015 Conference Call Highlights
02.07.2015 Board Changes
26.06.2015 Shareholder Conference Call
25.06.2015 Result of AGM
25.06.2015 AGM Presentation
23.06.2015 AGM Notice Update and Ministerial Visit to Mine Site
02.06.2015 Final Results
08.05.2015 Announcement of Corporate Investor Relations Conference Calls
01.04.2015 Shareholder Conference call Recording and Highlights
30.03.2015 Holdings in Company
24.03.2015 Shareholder Conference Call
20.01.2015 Board & Senior Management Appointments and Project Update