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Gold
African Queen Mine's gold properties are located in the Mozambique through Earn-In agreements with two Companies. In addition, the Company has entered into an Earn-in and Joint Venture Agreement with a private company AKAN EXPLORATION LTD., covering exploration, development and exploitation of the Noyem Gold Project, which is the subject of the Noyem-Nyafoman Prospecting License LVB 10244/1995 in Ghana.
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Diamonds
Half of the World Diamonds are mined in Namibia and Botswana. African Queen Mines has approximately 2,890 sq. km. of contiguous diamond licenses in Botswana and 6,268 sq. km. in Namibia where it has confirmed strong diamond targets.
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