Projects
URANIUM
Trendfield chose Niger as its first base for operations for one simple reason, its uranium potential. Niger is the world’s third to fifth-ranking producer of uranium with potentially huge uranium deposits to be discovered.
GoviEx Niger Holdings Limited: Madaouéla & Anou Mellé
In May of 2007, Trendfield Holdings Ltd and Govi High Power Exploration Inc. (now GoviEx Uranium Inc.), formed a joint venture called Goviex Niger Holdings Inc. (GoviEx Niger), to acquire the 4 Madaouéla and Anou Mellé exploration permits. These were the last known uranium tenements with proven reserves. This joint venture created a new era in uranium mining in Niger. Through technological advancements, the exploration team has a vastly superior advantage over the competition. The ability to move to the exploitation phase will be at a much faster pace, than seen before in the Niger Mining Industry. Madaouéla permit 1 has a proven reserve of over 6,900 tons (15,180,000 lbs) of uranium. The remaining tenements have very good potential for further discovery of economically viable reserves of uranium.
In August 2008, GoviEx Uranium Inc. (GoviEx) and Trendfield Holdings Ltd (Trendfield) concluded an agreement on a share transaction that consolidates within GoviEx 100% ownership of the exploration subsidiary, GoviEx Niger. As part of the transaction, Trendfield transferred its 25% ownership in the exploration subsidiary, GoviEx Niger, to GoviEx. In exchange, Trendfield has received 10 million GoviEx shares, which have a total value of USD25 million. Trendfield now owns nearly 10% of GoviEx Uranium Inc. (as of 31st August 2008) and has access to an AAA rated exploration team. Trendfield will further receive exposure to the development of all GoviEx’s assets, not just in Niger, but in other francophone countries where GoviEx has begun exploration ventures and has taken advantage of Trendfield management’s and local expertise.
Société des Mines d’Azelik SA (SOMINA): Teguidda
In June 2005 Trendfield Holdings Limited began negotiations between the government of the Republic of Niger and the Chinese state owned company China National Nuclear Corporation (CNNC) for the research and the exploitation of uranium in Niger. These negotiations led to the signing of an historic exploration license on Friday July 14, 2006, following ratification by decree from the Niger Council of Ministers that morning.
Signing took place at the Ministry of Mines and Energy in the presence of His Excellency the Chinese Ambassador, the Republic of Niger represented by His Excellency the Minister of Mines and Energy Mohamed Abdoulahi , China Nuclear Uranium Corporation (Sino-U) a fully owned subsidiary of CNNC, ZXJOY Invest andTrendfield Holdings SA. Teguidda with a total area of 1,953 km² is located in the Agadez region, has proven reserves of 15,000 tons of uranium (33,000,000 lbs) which were discovered in the 1990’s by a group of Japanese companies.
Trendfield Holdings SA currently controls 5% of the capital of SOMINA, a company incorporated in Niger between the State of Niger and the Chinese Operator, Sino-U. First production is scheduled to begin – between the end of 2009 and early 2010.
Uranium Exploration SA (UREX): Tagaza II, IV
On January 25, 2007, Trendfield Holdings SA obtained exploration permits for Tagaza II and IV. The permits are approximately 500km² each in area. Tagaza II and Tagaza IV adjoin the Teguidda Permit, which has proven reserves of 15,000 tons. In April 2007 , Trendfield commissioned Fugro to conduct an airborne survey, which was completed later that month. In June 2007, Trendfield began to negotiate with Artemis Resources Limited, an Australian listed mineral resources company. The negotiations ended in September 2007, when Artemis agreed to sign a term sheet for a joint venture agreement. Under this agreement signed in November 2007, Trendfield Holdings Ltd will own 51% and Armico, a subsidiary of Artemis Resources, owns the remaining 49% with the option to acquire a further 2% interest in the newly formed joint venture company, Uranium Exploration SA, (UREX). The joint venture’s objective is to find economically viable reserves by the end of 2009.
GOLD
Trendfield Gold Mining Ltd (TGM) Tin Kéradet
TGM, a subsidiary of Trendfield Holdings, is a Hong Kong based company that was formed in 2006 to explore for gold in West Africa, in particular Niger, and developing gold project into productive and profitable operations for Asian companies.
In April of 2007, TGM acquired the exploration permits Tin KéradetI, II, III and IV in the Tafassasset Region of Niger, a 2,000 sq km permit, holding to date proven reserve of 76,000 oz Au. TGM at the same time requested a prospection permit for the Tafassasset region, covering an area of 50,000 sq km which should be granted to TGM early 2009. Previous research was completed on Tin Kéradet yielding positive results. Gold reserves totaling 76, 000 oz were found at a tested depth of 0 to 50 meters. Indications of gold grades ranged from 0.1 g/t to 200 g/t. The permits are adjacent to the Tiririne-Harane gold project in Algeria where reserves are estimated at 481,100 t at a grade of 17.0 g/t Au. Tafassasset has been identified as an extension of Tiririne-Harane goldfield immediately to the north. This goldfield is expected to have numerous high grade gold bearing veins and is in an area considered to be highly prospective; it could possibly be similar to the Tiririne- Harane goldfield which has a defined resource in excess of 300,000 ounces at an average grade of 15g/t.
THL Mongolia Ltd.
South Gobi Province, Mongolia
In March 2010 THL Mongolia Ltd purchased 70% of KMNG LLC (KMNG) holdings. KMNG is located in Ulaanbaatar, Mongolia and owns 3 exploration licenses 13602X, 13603X and 13408X. These licenses are located in the South Gobi Province at the southern border of Mongolia, in the territories of Hanboulag, Khanbogd, Sayshand and Dalanazadgad. The cumulative area of the licenses is 1935.5 km2.
This area has been prioritized for the next step of exploration work including systematic soil sampling, ground geophysics, trenching and an initial exploratory drilling. The next phase of exploration will begin April 2011.
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News and Events
The latest from Trendfield
THL Mongolia Ltd purchase 70% of Mongolian Exploration Company
08-Dec-2009
HONK KONG - Ying Yu Tang, President of THL Mongolia Ltd., a fully owned subsidiary of Trendfield..
Mutual Undertaking Agreement Between Kores Resources Corporation (KORES) and Trendfield
23-Apr-2009
HONG KONG -- 04/23/09 -- Trendfield and KORES signed a Mutual Undertaking Agreement that will la..
Trendfield Holdings Awarded Permits in Mauritania
02-Apr-2009
Trendfield Holdings Awarded Permits in Mauritania Trendfield Mauritania Gold Limited, a subsidia..
Trendfield Signs New Joint Venture
01-Dec-2008
On October 17th 2008, Trendfield (THL) signed a MoU with Huram R&C, a Korean based company, ..
Govi High-Power Exploration and Trendfield Holdings Consolidate JV
21-Aug-2008
August 21, 2008 Govi High-Power Exploration and Trendfield Holdings agree to consolidate ownersh..

