The Company has a 70% interest in two mineral exploration licences situated in the Zambeze Coal Basin in Mozambique.
The combined tenement area held by the Company is approximately 384km2, spanning two tenements, 3245L (“Tete West” Project) and 3246L (“Muturara” Project). 3245L is located 12km west of the city of Tete and extends over 182km2, and lies immediately southwest of Rio Tinto tenement 946L. 3246L is located 58km southeast of the city of Tete and covers approximately 202km2. The tenement is located 45km southeast of the Moatize Coal Mining Camp owned by Vale.
Mozambi Coal Ltd Tenement Map