Since its inception, the company has experienced vigorous progress in Zambia.

"Earthstone Resources (Zambia) Ltd." acquired exploration rights for the Mufumbwe copper project located in Solwezi Province, nearby proven copper development areas of Kansanshi and Lumwana. The exploration work has commenced on the site.

The company has recently acquired exclusive irrevocable mining rights for three manganese concessions in Mansa, Luapula province. Africa and Middle East region dominate in manganese ore production. Though South Africa is well-known for its manganese export, Earthstone feels that Zambia still has untapped opportunity in development of this mineral and our Company may contribute with its effort.

Luapula province is an excellent place for investors with its huge copper, manganese, cobalt, iron ore and many other mineral deposits that are relatively unexploited. Since last December, Earthstone is dynamically pursuing its expansion in this African state, and diversification into manganese business is only natural. The new concessions are located within 60 km radius from Mansa Town, the capital of Luapula province. Total combined area of the project exceeds 140,000 Hectares.