StockWatch
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Oil & Gas Production
PartnershipJun 26, 2026, 05:16 PM

Tianci International, Greypole Advance Gold/Chromium Development in Zimbabwe

AI Summary

Tianci International and Greypole Mining provided an update on their strategic cooperation for gold and chromium resource development in Zimbabwe. They reported progress in evaluating prospective gold and chromium zones and reviewing mining claims. Due to growing customer demand, the parties also agreed to expand localized chromium sourcing, warehousing, and beneficiation, aiming for 12,000 square meters of warehousing and 10,000 tonnes per month supply capacity. Management expressed confidence in the project's future prospects.

Key Highlights

  • Progress made on gold resource assessment in Gwanda region, Zimbabwe, focusing on a 500-hectare zone.
  • Progress made on chromium resource assessment in Zvishavane, Zimbabwe, covering 1,500 hectares.
  • Greypole Mining assisting Tianci International with compliance review for several mining claims.
  • Parties agreed to expand localized chromium sourcing, warehousing, and supply chain network.
  • First phase includes 12,000 sq meters of warehousing, targeting 10,000 tonnes/month chromium supply.
  • The strategic cooperation is for gold and chromium resource development in Zimbabwe.