Nyuni Area
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| OPERATOR: | Ndovu Resources Ltd – 100% interest | |
| OTHER CONTRACTING PARTIES: | ||
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| License Area Size: | 855.81 sq.km | |
| PSA Signed Date: | 27th October 2011 | |
| Effective Date (Initial Period): | 27th October 2011 | |
| First Exploration License: | 6th December 2016 | |
| Second Exploration License: | N/A | |
| Current License Period: | First Extension Period | |
| Current License Effective Date: | 6th December 2016 | |
| License Expire Date: | 26th October 2019 | |
| STATUS OF OPERATION | ||
| TPDC and Contractor to acquire, process and interpret 150 sq.km, Carry out Geological and Geophysical studies, Drill atleast two (2) exploration wells and acquire, process and interpret 266 sq.km. | ||
| CURRENT STATUS | ||
| Ndovu is expecting to undertake 3D seismic survey over the area | ||
| FISCAL TERMS | ||
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| SURFACE RENTAL | ||
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