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Deep-South Resources is a mineral exploration and development company. Deep-South holds 100% of the Haib Copper deposit in the south of Namibia, which is one of the largest undeveloped copper deposits in Africa.
The recent preliminary economic assessment showed that at a price of copper of $3.00/lb, it generates an after-tax NPV of $950 million and an after-tax IRR of 30%, and at $4.00/lb, it generates an after-tax NPV of $1,650 million and an after-tax IRR of 42%.
Deep-South’s growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and close to infrastructures in stablecountries. In using and assessing environmental friendly technologies in the development of its copper project, Deep-South embraces the green revolution.