Schatzi Exploration works on multiple projects at a time, here are the most current.
Schatzi Exploration's on the ground work began in 2015, and despite local skepticism, a rich multi-mineral deposit was discovered in Seruwila. Indications of high potential were also found in two other locations. The Seruwila project is currently being developed by AMECA Mining.
With Seruwila achieving its own momentum, Schatzi is revisiting 3 particularly exciting gold projects in Columbia, Belize, and the Dominican Republic. Local partnerships have been established and contracts signed. Although Schatzi has many other prospects in the pipeline (Congo, Europe, Western Canada) a strategic decision was taken to initially pursue a regional approach to leverage several logistical advantages.
Operation Leap Frog
The Colombia, Democratic Republic of Congo, and Sri Lanka drilling programs by Schatzi Exploration have been agreed and approved by the Board. Mineral exploration and careful planning has been expedited and discussion with the governments and local peoples of these countries are now matured. The wheels of these explorations are now in motion with Canadian drilling teams, which have been selected for Operation Wara in Sri Lanka; equipment is now being manufactured for the accelerated drilling expedition taking place in 2021.
Q2 2021: Exploration phase 1 completed
Q2 2021: Exploration phase 2 begins
Q3 2021: Mining begins
Q4 2021: Processing begins
Q3/4 2021: Expand exploration
Q3 2021: Infrastructure begins
Belize • Colombia • Dominican Republic
Q2 2021: Explore phase 65% complete
Q3 2021: Establish local IP infrastructure
Q2 2022: Structure investment cycles
Q2 2022: Geo-metallurgical Modelling
Q2 2023:Begin Infrastructure build phase
Q4 2024: Begin Refine – transport – Bank Phase
Democratic Republic of the Congo • Zambia • Zimbabwe
Q3 2021: DRC exploration target phase complete
Q2 2021: Drill Phase Begins
Q1 2022: Sample - Test - Analyse
2022: Zambia Exploration Begins
2023: Zimbabwe Exploration Begins