Natural wealth
A brighter tomorrow
Exploration today.
Value tomorrow.
CVR Mining is developing high-potential gold assets in Tanzania, combining geological expertise, local partnerships and a long-term vision for sustainable value creation.
Confirmed gold mineralisation
Independent assay analysis
Local communities & environment
For long-term success
“Rich resources.
Real opportunities.”
The Matundasi project sits inside the Lupa goldfield of the Mbeya region — a historically productive greenstone corridor where artisanal workings have followed visible quartz-hosted gold veins for decades. CVR Mining is converting that legacy into a structured, modern exploration programme.
Matundasi lies within the Lupa goldfield, part of the Ubendian mobile belt that frames the northern edge of Lake Rukwa. The district is dominated by granitoid intrusions cut by shear zones, and it is those structures that host the quartz–sulphide vein systems our programme is targeting.
Structural control is the defining feature: gold grades rise sharply where north-west trending shears intersect the granite contact, producing repeatable, mappable targets rather than isolated occurrences.
Mineralisation is hosted in milky to smoky quartz veins carrying pyrite, minor chalcopyrite and free gold. Sulphur values in the thousands of ppm confirm a strongly sulphidic system — consistent with the pyrite-associated gold observed in hand specimen and under the loupe.
Copper and silver appear as pathfinder elements. Their ratio to gold is being used to vector along strike and towards the higher-grade shoots within each vein.
Work follows a staged exploration protocol: geological mapping, soil geochemistry, trenching across vein strike, then channel and chip sampling at fixed intervals. Samples are bagged, sealed and numbered on site.
Every batch is submitted to an independent laboratory with certified reference material and blanks inserted into the stream, so reported grades can be traced back to a documented chain of custody.
Typical pit-wall profile
Bar lengths are a visual comparison of the reported values for this single sample. They are not a resource estimate and do not imply grade continuity across the licence. The photograph alongside is a reference section showing a typical auriferous profile — it is not an image of the CVR licence.
Independent laboratory analysis shows significant gold content in rock samples collected from our Matundasi project. The certificate below reports the raw values exactly as issued by the laboratory.
| Gold (ppm) | 17.53 |
|---|---|
| Copper (ppm) | 11.59 |
| Silver (ppm) | 12.33 |
| Sulphur (ppm) | 6218.88 |
| Sample ID | SM-3951 |
| Method | Fire assay / AAS |
Reproduction of the issued laboratory certificate
No photographs in this category yet.
Photographs are illustrative of the work described on this page. They are not survey records and carry no representation about grade, tonnage or reserves.
Responsible development is not a chapter at the end of the report — it is how the project is built. Four commitments guide every decision on site.
Hiring, training and promoting from the surrounding communities, with skills that stay in the region long after a drill programme ends.
01Controlled water use, sediment management and progressive rehabilitation of trenches and access tracks as work advances.
02Working with local leadership on the priorities they name — water access, school infrastructure and road maintenance.
03Independent assays, documented chain of custody and reporting that separates measured fact from forward-looking expectation.
04Value in exploration is created by de-risking, step by step. This is the roadmap we are executing at Matundasi.
Tenement secured, community consultation opened and site access established.
Surface geology mapped, vein sets defined and first rock samples submitted to an independent laboratory.
Systematic trenching across strike with channel sampling to test grade continuity beyond the initial high-grade results.
First diamond drill holes on the priority shoots to test the system at depth and support a maiden resource estimate.
Scoping study, permitting and the financing structure required to move from exploration into staged production.
Invest in real assets. Create lasting value.
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Investment enquiries, supplier proposals and community matters all reach the same inbox. Include your country and your interest in the project and we will reply from there.
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