Arcadia Minerals is strategically banking on the Swanson Tantalum project to drive cash flow, which will fuel exploration and development across its diversified portfolio of assets in Namibia.
Under a partnership with HeBei Construction, Arcadia has secured a 49% stake in the Swanson Tantalum project, currently under construction and slated for production by Q1/2025.
With a significant presence across six projects under 11 EPLs in various regions of Namibia, Arcadia holds promising stakes in tantalum, lithium, nickel, copper, and gold prospects.
The company’s focus revolves around three key pillars: leveraging cash-generating assets like the Swanson mine, utilizing potential cash resources to explore and develop its exploration assets, and capitalizing on industry-specific expertise to drive project results.
While awaiting drill results from December 2023, Arcadia is gearing up for a pre-economic assessment on the Bitterwasser Clays Project, expecting to unveil high-level economics.
Although there’s been no notable activity at the Kum-Kum Nickel Project or the TVC Lithium and Tantalum Project, signs of significant mineralization at the Karibib copper and gold project have emerged, indicating potential for broader mineralization through additional exploration efforts.
