Solway Group invested in Kaminex Limited in 2011 and has subsequently been one of its key shareholders together with AMED Funds and Aterra Capital. Kaminex is a private company, registered in the BVI, focused on the discovery and development of copper resources in the Democratic Republic of the Congo (DRC).
Kaminex holds the prospecting rights for the PEA-stage Mbamba Kilenda Copper project (MK project) in the west of DRC through its wholly-owned subsidiary. The MK project is a mid-sized, very high grade, polymetallic metal assemblage consisting of copper, lead, zinc and silver minerals, with copper representing the highest percentage and being the dominant commodity throughout the deposit.
The MK project is located approximately 75 kilometers southwest of Kinshasa in the Bas-Congo province of the DRC. The DRC’s main port, Matadi, is approximately 300 kilometers southwest of the project area. The project area can be reached by road from Kinshasa via the National Road N1: 95 kilometers along the motorway, followed by 55 kilometers on a sandy, unpaved road.