Company Profile
African Metals Corporation is a Canadian company listed on the TSX and traded on both the TSXV ["AFR"] and the FSE [WKN 912759] focused on the discovery and development of significant high grade Copper and Cobalt deposits in the highly mineralised Katanga Copper Belt of the world renowned Africa Copper Belt in the Democratic Republic of Congo ("DRC").
The Company's main assets include a 57% interest in the Luisha South Project located within the Katanga Province and within 150km of the capital of Lubumbashi.
Luisha South Project
On the 26th March, 2010 African Metals Corporation announced that the Company had completed the acquisition of all of the issued and outstanding securities of Chevalier Resources Inc. which had control of a wholly-owned subsidiary, Luisha Mining Enterprise Sprl., and in turn holds a 57% interest in the Luisha Project consisting approximately 16.2km² located 75 kilometers northwest of Lubumbashi, the capital of Katanga Province, Democratic Republic of Congo.