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Pipes

Our Diverse Investment Portfolio

Carraigmore Resources Group has strategically diversified its investments across various markets, focusing on high-potential sectors such as oil, gas, and minerals.

By leveraging our extensive industry expertise and robust network, we ensure each investment yields substantial returns while adhering to sustainable practices.
Industrial Mining

Otuani Copper Mine Expansion in Namibia

Opportunity:
Modernise and expand the Otuani copper mine to increase production from
30ktpa to potentially 45ktpa of high-grade copper.
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Approach:

Carraigmore Resource Group will upgrad the infrastructure, including a new
processing plant, solar power, and improve drilling. Local community
collaboration will provide employment and infrastructure.
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Outcome:

Expansion will lead to a 50% increase in production capacity, improved energy efficiency, and stronger community relations, making Otuani a sustainable mining model.

Sieving Sand

Revitalisation of Ten Mile Gold Mine in Nevada

Opportunity:
Revitalise the underutilised Ten Mile gold mine, capitalising on its rich supergene enrichment zones.

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Approach: 

Carraigmore Resource Group started to invest a total of $3.5 million for advanced geological surveys and new mining equipment. As well as implementing a community engagement plan to ensure local support and sustainable operations.

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Outcome:

Production increase to 18,000 ozs of gold per year starting Q4 2024, with a significant boost to local economy and providing substantial returns.

Pipes

Uinta Basin Oil & Gas Efficiency Boost

Opportunity:
Increase operational efficiency and reduce production costs in Uinta Basin's oil and gas wells.

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Approach:
Quinex Energy Corp, with CRG, implemented full-cycle on-site processes and leveraged 40 years of operational experience, maintaining production costs below $32/barrel.

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Outcome:
Enhanced efficiency ensured stable production rates, high-quality output, and strong refinery relationships, maintaining profitability during market fluctuations. They aim to raise approximately $30 million to acquire operators and rework wells.

Aerial View of Mining

Development of Samada Diamond Mine 

Opportunity:
Unlock the potential of Samada Kimberlite pipe, known for high-value Type IIA diamonds from the earth’s middle mantle zone.

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Approach:
CRG secured $3 million funding to initiate production from tailings and develop existing Kimberlite veins. Collaborations with local experts ensured optimal extraction processes.

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Outcome:
Initial production of 2,550 carats in Q3 2024, increasing to 120,400 carats by 2027, significantly increased the mine’s valuation and attracted additional investment for further development.

Land Mining

Expansion of Weaver Creek Gold Project 

Opportunity:
Expand gold production at Weaver Creek, leveraging its rich shallow gold deposits.

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Approach:
CRG invested $3 million in additional drilling and production equipment, and implemented sustainable mining practices. They also engaged with local stakeholders for support.

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Outcome:
Production capacity increased to over 30,000 ozs of gold per year, significantly boosting revenue and securing long-term profitability while ensuring environmental sustainability.

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