Watsa
Copper-gold exploration permit with encouraging early drilling across a 9 km mineralised trend.

Our Operations
We are building a portfolio of copper and gold assets across two of Africa's most prospective mining jurisdictions.
Every opportunity is assessed against the same criteria. We would rather hold a strong position and wait than enter a weak one because it is available.
Geological quality, a credible route to production, a workable regulatory and community environment, and returns that justify the risk. Our technical work follows internationally recognised practice for exploration, resource estimation and reporting, and our environmental and social studies are scoped to the standards our lenders and partners will apply.
Core logging and assayConcessions & Projects
Aframax exploration and exploitation concessions across the Copper and Gold Belt.
Reconnaissance to development-stage copper and gold projects.
The DRC hosts the highest-grade copper-gold deposits on earth. No comparable alternative source exists at scale today.
Democratic Republic of the CongoOur activities focus on advancing high-potential projects to international standard, working closely with the Ministry of Mines, provincial authorities, and the communities within and around our license areas.
We operate under the DRC Mining Code as revised in 2018, which sets out among the most demanding community and environmental obligations of any mining jurisdiction on the continent, including a mandatory contribution to a local community development fund, negotiated commitments through the cahier des charges, and full environmental and social impact assessment before production can begin. We treat these as a starting point rather than a target.
Copper-gold exploration permit with encouraging early drilling across a 9 km mineralised trend.
Zambia has mined copper and gold at scale for close to a century, producing something no geological endowment can supply on its own: a deep pool of experienced professionals, an established supplier base, functioning transport corridors, and institutions that understand the industry.
Zambia · CopperbeltThe government has set out an ambition to substantially increase national copper and gold production, and has reformed the sector's regulatory framework accordingly. The Minerals Regulation Commission Act of 2024 came into force in June 2025, establishing a dedicated regulator for the sector.
Our activities in Zambia focus on efficient project evaluation and development, conducted to the environmental standards administered by the Zambia Environmental Management Agency, and with local employment and procurement built in from the start.
Copper and gold exploration license in the Mufumbwe district of Northwestern Province.
Adjacent Mufumbwe license extending the copper and gold exploration footprint.
Our Commodities
Copper conducts electricity better than any commercially viable alternative, which places it at the centre of every grid, motor, transformer, data centre and building on earth. Electrification, renewable generation and data infrastructure are all copper-intensive, while the global pipeline of new large-scale copper projects remains thin and existing mines face declining grades.
Copper is the foundation of our portfolio, and the Central African Copperbelt is the best place in the world to look for it.
Gold remains a core monetary reserve asset and a store of value through economic cycles, alongside industrial applications in electronics, aerospace and medical technology.
Its low correlation to industrial metals provides useful balance to a portfolio weighted towards copper.
Our Approach

Our design, planning and operating decisions start from a single requirement: that every person who comes to work leaves unharmed. This governs engineering choices, contractor selection and production planning, not just conduct on site.
Impacts are identified before ground is disturbed, minimised by design, monitored throughout, and remediated progressively rather than deferred to closure.
Well-engineered, well-maintained, predictable operations. Consistency compounds; heroics do not.
Engagement begins before exploration and continues past closure. Communities are treated as parties to the project, not as a risk to be managed around it.
Growth at a pace we can finance, staff and operate to standard. We would rather build one good mine than start three.
Investors & Partners