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MDM Engineering has been awarded the pre-feasibility study (PFS) for Bilboes Holdings’ Matabeleland Claim project in Zimbabwe, Southern Africa.

MDM is a minerals process and project management company focused on the mining industry. Both Kevin Stock, MDM General Manager Proposals, and Victor Gapare, Bilboes Chief Executive Officer expressed their pleasure and excitement to be working together on the project.

Stock said: “MDM are pleased to be working on a Zimbabwean project again.  The team has extensive gold experience in Africa, specifically in Zimbabwe, having executed the Ashanti and Delta projects.  We look forward to a successful working relationship with Bilboes.”

Gapare said: “Bilboes are excited to be able to progress to Pre-Feasibility Study on the sulphide mineralisation at its Matabeleland properties where a total resource containing four million ounces of gold was defined last year. We look forward to working with MDM, who have extensive experience in providing studies of this type.”

Bilboes owns and operates four gold mines namely Isabella, Bubi, When and McCays all in the Bubi Greenstone Belt. The mines were acquired from Anglo American Corporation Zimbabwe Limited (AMZIM) in 2003 together with most of AMZIM’s gold mineral rights in Zimbabwe. Since its inception in 1989, Bilboes has produced 234 000oz of gold from oxides through open pit mining and heap leach processing method from its existing mines.

Bilboes immediate developmental plans are focused on the completion of pre-feasibility studies for Isabella, McCays and Bubi underlying sulphides

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