Phoenix, AZ, July 12, 2012 (GLOBE NEWSWIRE) -- Key Capital Corporation (KCPC.PK) is pleased to advise that in association with Amatimba Technology and Genap Consulting the Company has commenced the investigation of a number of significant mine financing opportunities in Africa.
This strategic consulting collaboration brings together logistic, geological, corporate and financing strengths throughout Africa providing for secure project generated power and communications supply and technology, security and access control together with geological, geotechnical and project funding capability.
A potential funding candidate currently being investigated and negotiated is a major Copper, Cobalt, Nickel property in Zambia with substantial Gold credits. The property is located within the well-known Zambia copper district that has witnessed the emergence and growth of a number of major mining operations including: the massive Equinox Lumwana mine (Equinox was taken over last year by Barrick Gold for $7.8 billion) and First Quantum's Kalumbila property (First Quantum has seen its share price rise over 3,600% over the past 10 years).
Subject to proceeding, the consulting arrangements with Amatimba Technology and Genap Consulting will assure key infrastructural planning and geological and engineering input, whilst Key Capital will provide corporate support to the project as well as project funding in return for an interest in the production of the project for the life of the mine.
ABOUT AMATIMBA TECHNOLOGY: Amatimba Technology specializes in complete ICT solutions and incorporates all communications provisioning along with Electrical Power, Access Control and Security Systems and Solutions. As a partner and in association with Genaps Consulting can provide project management services ensuring the right high-level technical and physical expertise and strategy within an infrastructure that will manage and provide support and services through to full production level.
ABOUT GENAP: Genap provides high value scientific and engineering specialized services to serve clients that are primarily natural resource based. Genap services and expertise includes:
- Drilling management and supervision
- Core logging (diamond, percussion and RC drilling)
- Sampling program design and management
- Provide Quality Assurance and Quality Control Services
- 3D mineral orebody modeling
- Block Modeling
- Mineral Resource and Mineral Reserve Classification bases on SAMREC, JORC Codes
- Geo-statistical Modeling and Analyses
- Inspection of opencast and underground mining activities
- Recommendations on grade control and grade control standards
- Updating geological plans and models
- Support for open pit geological face mappings
ABOUT KEY CAPITAL: Headquartered in Phoenix, Arizona, Key Capital seeks to provide financing for resource industry projects through streaming or structured finance agreements for an interest in the production of mines containing precious metals, base metals, rare earths or energy products.
For Disclosure Regarding Forward Looking Statements, Safe Harbor and Risk Descriptions (incorporated by reference on the Key Capital web site) s ee: www.keycapitalgroup.com/legal.html.
Key Capital Corporation disclaims any duty or obligation to update the information contained in this press release.