Gidan Buzu Iron Ore Project

Potiskum, Nigeria

Key Information

Location

Gidan Buzu, Nengere LGA, Yobe State

Deposit

Hematite and Magnetite

Exploration Status

Ongoing

Reserves

Over 65 million tonnes (inferred)

Quality

Above 70%

Geology: 

The iron ore occurs within the Chad basin and is covered by an average lateritic cover of 3m and underlain by sandstone. 

Exploration: 

  • Exploration is ongoing by the National Steel Raw Materials Exploration Agency. Geological map (1:5000).  

Location: 

This iron ore occurs near Potiskum, Nengere LGA, Yobe State. It is bounded by latitude N11’47’20.2’ and longitudes E11’01’39.7.

Infrastructure: 

  • Access to site: Bauchi-Kari-Potiskum road. It is about 2km from Potiskum. 
  • Access to rail line (Bauchi) about 220km.  
  • Access to Airport (Maiduguri) about 260km.

Medium

Licensing Round

Exploration

Either

No

Yes

1. Applying for mineral titles with a view of wholly owning the mining rights.

2. Partnering with existing title holders for detailed exploration as consultants and specialists.

3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of area of interest.

4. Legal transaction in commodities won in quarries and operations for export. 

Potential investors are invited to use the in-built messaging platform to request any further information. 

Listing Information

Yobe State, Nigeria

Related Listings

Obuasi, Ghana

Ashanti, Ghana

Good

Pinpoint

Key Information: Location  Ashanti Region of South Ghana Deposit Gold Ore Project Status Production Reserves Measured + Indicated Resources at 34.05 Moz Quality 7.98 g/t   Geology: The mine is located on the Ashanti Volcanic Belt and the lithology is predominantly from the Biriman Supergroup. Read more…

Kalia mine, Guinea

In central Guinea in the Faranah Region.

Good

Pinpoint

Key Information: Location In central Guinea in the Faranah Region. Deposit Iron Ore Project Status Development Reserves Est. 6.16 billion tonnes Quality 54.1% Iron Content Geology: The deposit is characterised by peaks of 1,060m. Read more…

Mahd Ad Dahab Mine, Al Madinah Province Saudi Arabia

Al Madinah Province Saudi Arabia

Good

Pinpoint

Key Information: Location 351km north east of Jeddah, Saudi Arabia Deposit Gold Project Status Production Reserves Proven and Probable 1.01Mt Quality 5 g/t Geology: Mahd Ad Dhahab Mine area rocks are composed of a mafic to felsic volcanic-sedimentary sequence. Read more…