H International Resources was incorporated in 1984 and subsequently
listed on the Canadian Venture Exchange. Its principal activity is development
of the Bald Hill and Cattlin Creek tantalum deposits and exploration on
its portfolio of exploration properties.
The principals of H have considerable experience in corporate finance and
equity funding for resource projects, as well as operational and developmental
experience in many parts of the world. This experience and successful involvement
in a variety of resource projects gives H the proven capability to develop
its projects.
H has reached agreement with Australian mining company, Sons of Gwalia
Limited for the development of their Bald Hill Tantalum Deposit near Widgiemooltha,
and Cattlin Creek Tantalum Deposit at Ravensthorpe, in Western Australia.
H will be solely responsible for the development of the mines, including
compliance with lease conditions, environmental conditions, government
royalties, and design, construction and operation of the mine and processing
plant.
H will deliver tantalum and tin concentrates produced from the deposits
to Sons of Gwalia on a take or pay basis. H has also entered agreement
to acquire 185 km2 of exploration licences around the Bald Hill Tantalum
Deposit. The area has known occurrences of Tantalite that could provide
significant improvement to the resource at Bald Hill and adds considerable
potential to the project.
H holds a 100% interest in Siavonga Uranium Project in Zambia.
H has a 100% interest in three reconnaissance areas for gold and base metals
in Liberia, West Africa, and is presently finalising its licences for these
areas.
H is also cognisant of the need for diversity in its activities in order
to prosper in what are difficult times for the mineral sector.
By diversifying into the area of Tantalite production the company has the
potential to generate substantial cash flow that will fund exploration
of the Company’s African areas, thereby minimising H’s dependence
on capital markets.
H has the capability to develop resource projects through its numerous
industry contacts and the reputation of its principals for successful involvement
in a variety of resource projects.