ResidInvest mining Company

ResidInvest mining Company is rated 3 out of 5 in the category mining & metals. Read and write reviews about ResidInvest mining Company. ResidInvesti is an exploitation coming company. The company has evaluate a copper deposit along with rare earth in the Province of Southeastern Morocco. Geological preliminaries took place in the area during spring 2008 which led to the discovery of a strati-form promising copper ore deposit. The drilling at Tazoughert resulted in the discovery of hydrated copper carbonate deposit with a grade of 1%-1.5% average at 6 meters depth . The estimation of open-pit copper ore reserve at Tazoughert is underway. From May to July 2011 , a remote sensing study followed by a geophysical survey by vertical electric soundings (VES) for the determination of the thicknesses of the different and potential mineralized layers and of fractures, and by electric resistivity profiling for the determination of the exact location of lineament zones. The various results of trenches and pits carried out following this prospecting campaign show a very satisfactory rate of success and allowed to delineate mineralized ore bodies blocks classified into indicated and inferred resources in a manner that conforms to Canadian National Instrument 43-101 standards. In 2016 the company now in the exploitation stage discovered a sizable rare earth occurrence on the entire mining property.