Staff Writer 
6
GEO Associates, an exploration company that is 80 percent owned by Invictus Energy has been granted a three-year extension to its Special Grant 4571 in Zimbabwe’s Cabora Bassa Basin paving the way for exploration and other works programmes.
Advertisements
“the Minister of Mines and Mining Development, with the authorisation of the President, has, in terms of section 301 of the Mines and Minerals Act [Chapter 21:05] extended the tenure of SG 4571 licence for a further three years to 19 December 2027,” the group said in a statement this week.
The company said it plans to undertake a comprehensive work program during the third three-year licence period including 3D seismic acquisition and additional exploration/appraisal drilling and testing.
