BMR Mining has signed a lease agreement with Glencore's subsidiary Sable Zinc Kabwe for land and certain key equipment at the company's Kabwe tailings treatment project in Zambia.
With an initial term of one year, the agreement will see BMR sign a $1,000 per month lease for the land and equipment it needs for its proposed pilot plant.
The agreement also provides lease of a concrete apron, which it proposes related equipment such as a 300m³ partially rubber lined reservoir, three 90m³ rubber lined leach tanks, a 60m³ rubber lined clarifier and rake mechanism, as well as a filter press.
Under the agreement, BMR will also use Sable Zinc's sulphuric acid storage facilities, office and additional storage space.
BMR Mining chairman Alex Borrelli said: "This is a particularly valuable agreement for BMR as it provides us with access to prime space for our pilot plant and access to good quality equipment, which we would otherwise have had to purchase, and most likely transport to Kabwe.
"We are refining the costing of the pilot plant in light of recent changes, which have enhanced the quality of the output, and will provide a further update in due course."
Discovered during 1902, the Kabwe mine site occupies around 3km² and is situated south of Kabwe town and east of the great North Road.
The mine started operations in 1904 and reached full-scale production in 1906.