Aquiring Past Producing Namibian Zinc Mine and Restarting Operations

International Diversified Mining and Exploration Company

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Message: VIDEO: COVID Closed A Zinc Mine That Ubique Acquires With Potential $10-30M Annual Cash Flows

If you like junior resource companies transitioning from exploration to production then Ubique Minerals is exactly the right company be paying attention to.

Ubique currently control Daniel’s Harbour Zinc property in Newfoundland, a past producing project with a high grade history. In the constant search for high quality projects, Ubique started their growth spree with the 24.99% acquisition of Resource 500 V ltd in Namibia, paving the way for the next and most significant transaction in this very young company’s existence.

Controling Namib Lead and Zinc Mining Limited (NZLM)

Ubique has taken 90% control of a company with a past producing Zinc mine, and it’s ready to go back into production.

What strengthens this transaction even further is management’s experience. They have a track record of multiple discoveries of deposits worldwide as well as managing operations.

This is a transformative transaction for Ubique and its shareholders that will propel this tiny micro-cap company into the rarified air of a producer.

The cost? $20Million. A very small price to transform Ubique from exploration into a producer. Ubique is on its way to generate revenue and chart its own destiny. Ubique has the potential to generate 10 to 30 million of annual cash flow and can re-start operations in 6 to 12 months.

This is a major transaction and the growth prospects are blue sky.  Ubique could very well be self-sufficient in 12 to 18 months.

And if you are wondering why Zinc?

It is one of the most stable Base Metals and is constantly in demand. It is the fourth most common metal in use, trailing only iron, aluminum, and copper with an annual production of about 13 million tonnes.
It is used in electrical batteries.
About 59% of zinc is used for corrosion prevention, which includes galvanizing. 47% of the world's zinc is used for galvanizing. This is used to protect another metal, usually iron, from rusting. The zinc coating corrodes instead of the iron.

Constant consumer and industrial demand make Zinc a compelling target for production. Ubique is a smallcap company that can potentially deliver free cash flow from operations in 6 to 12 months. Combined, the case for SmallCap success has never been greater.

Have seat and listen to this great interview with Vilhjalmur Thor Vilhjalmsson, Chief Executive Office as he breaks down the strategy behind this company altering decision in the SmallCap space and what to expect as the company marches toward Zinc production.

 

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