Northam owns eight new order prospecting rights over the Kokerboom prospect. Kokerboom is an iron oxide, copper gold and massive sulphide copper zinc exploration prospect covering same 1 000 000 hectares of the Northam Cape Province of the Republic of South Africa. A prospecting work program is currently in progress and no resource or reserve has yet been estimated.
|Ownership||Northam: initial 51% interest
Homestead Investment Trust 3: 17%