What Happened?
Vancouver, BC-based Deep-South Resources Appointed Paul Smith as Chief Operating Officer
About the Company
Deep-South Resources Inc. is a mineral exploration company largely held by Namibian shareholders and Management with 25% and Teck Resources Ltd with 28% of Deep-South share capital. Deep-South currently holds 100% of the Haib Copper project in Namibia, one of the largest copper porphyry deposits in Africa. The deposit host an indicated and inferred resources totaling 5.2 billion lbs of copper. Recent metallurgical test work have resulted in copper recoveries between 90% Cu and 96% Cu. Deep-South and Midas Engineering (METS) of Australia is currently completing an updated Preliminary Economic Assessment (PEA). The Company also plan further development which will start with infilled drilling in the higher grade area of the deposit. In Namibia, we are guided by integrity values that keep us focused on our purpose: to turn our exploration projects into lasting reality for our empowered Namibian communities. Deep-South is committed to advancing its projects while operating in an environmentally responsible manner. Deep-South`s growth strategy is to focus on the exploration and development of quality assets, in significant mineralized zones, close to infrastructure, in stable countries.
About the Person
Paul Smith is Chief Operating Officer at Deep-South Resources. Previously, Paul held various senior IT leadership roles in the industry.
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