Mozambique Projects
- Deccan Gold Mozambique Ltda (“DGMOZ”) is exploring for lithium-caesium-tantalite and related minerals in the Zambezia Province. DGMOZ was established in May 2024. DGFZCO holds 61% of the company with rights to move to 70%.
- Deccan Mineracao Mozambique LDA (“DMMOZ”) was established in June 2025 to focus on copper, nickel, platinum group elements (“PGEs”) and gold projects in the Tete Province. DGFZCO holds a 90% stake in DMMOZ.
Mozambique Overview
Mozambique, a country in south-eastern Africa, is a popular holiday location for Europeans and South Africans due to its beautiful beaches and rich aquatic life (Figure 8). The country is also known for its abundance of minerals including natural gas, coal, mineral sands, graphite, lithium, gold, rare earth elements (“REE”), and gemstones.
The country has had ties with India for over 500 years with Southern Indian traders using favourable trade winds to ply the Atlantic coastline for Zhizo (glass) beads, gold, and other commodities. Mozambique is now home to over 70,000 OCI’s and NRI’s, one of the largest Indian communities in Africa.
The country has a reasonable (albeit largely unpaved)
road system accessing the interior and providing transport corridors to neighbouring South Africa, Malawi, and Zambia.
Due to its long sea-trading history, substantial ports have been established in the south at Maputo (the capital city) and in the north at Nacala through which Deccan
Gold is planning to sell our critical mineral concentrates and products.
Whilst the country has several large mines and refineries and is in the process of developing a US$20bn natural gas field off the northern coast, to date most critical and precious minerals and gemstones have been mined by small-scale and artisanal methods. The Mozambique government and the key mining body, the Chamber of Mines Mozambique (“CMM”) are enacting laws and policies to promote mining investment as mining is seen as a means for generating revenues which can be used to alleviate poverty through infrastructure projects and local economic development.
Nickel and Copper Potential
Mozambique remains largely unexplored for copper and other base metals despite its proximity and similar geological settings of the more well-known copper belts in neighbouring Zambia and Zimbabwe.
Regional geophysics and sampling by government and World Bank funded projects, plus a few private explorers,
has clearly shown the Tete Complex in the central west of the country to be highly prospective for copper, nickel, and gold (Figure 9), but it has received very little focus by modern explorers.
The Tete Complex also shares similarities with other Precambrian basement complexes, like the Witwatersrand basin in South Africa and has potential for PGE reef-type deposits.
Deccan Gold, through DMMOZ, has acquired the rights for exploration of copper, gold, and other base metals over a semi-contiguous tenement package totalling nearly 1000km2 (Figure 10).
Copper mineralisation has been clearly established in parts of this tenement package with small- and artisanal miners scavenging for copper oxide minerals such as malachite and azurite
Lithium and Tantalum Potential
All our lithium and tantalum tenements are in the highly prospective Alto Ligonha pegmatite province in Zambezia Province. The Alto Ligonha pegmatite province encompasses almost every pegmatite in Mozambique (Figure 12). The region is famous for its gemstones and rare element metals such as beryllium, tantalum, and niobium. The region contains several modest-scale mines including the Morrua Tantalum mine near our Macuba prospect.
On all our tenements, there is strong evidence of LCT pegmatites as shown by the many small-scale and artisanal mines on or adjacent to the tenement boundaries (Figure 13 and Figure 14). Our exploration programme this year has focussed on these areas to map the extent of each pegmatite body in preparation for resource drilling activities in 2026.
With few exceptions, LCT pegmatites are flat or shallow dipping which makes these deposits very amenable to open pit mining techniques. The sharp colour contrast between the basement rocks and the pegmatite as can be observed at the Morrua Tantalum mine (Figure 15) makes selection of ore relatively easy compared with the Company’s gold mining projects in India and Kyrgyzstan.
