Canada’s Nippon Dragon Resources reports that its distributor in South Africa (MaXem) has just signed a thermal fragmentation agreement with a mining company. This agreement will allow MaXem to manufacture a second thermal unit that will be sold to its customer as well as the first unit built more than two years ago. MaXem will focus its work mainly on training and technical support with his client. The thermal fragmentation method is ideally suited to narrow vein mining.
“I am very pleased with MaXem’s progress in the implementation of the thermal fragmentation mining method in South Africa and I hope that this agreement will be followed by several others of the same type”, stated Donald Brisebois, President and CEO of Nippon.
“MaXem is putting a lot of effort into introducing the thermal fragmentation mining method in our country. We are beginning to reap the fruits of our efforts and I am very proud of that”, stated Mark Van Shaik, President of MaXem
MaXem is a multifaceted company, whose core business is to supply hard rock mining equipment and services to Southern Africa countries, with a specific focus on precision long-hole drilling and other methods that enable better efficiency in mining. MaXem Contracting includes long-hole drilling, drop and inverse raising and mechanised mine production. MaXem has a clear understanding of mining inherent risks as well as detailed commodity experience that includes gold, platinum, heavy minerals and base metals.
Nippon is active in the exploration and the development of gold resources in Quebec. It holds a gold property with resources recognised in accordance with NI 43-101 and also an exclusive license for the Thermal Fragmentation mining method.
The company’s growth strategy is based on:
• The development of its gold deposits with the objective of producing revenue from its operations
• Increasing the value of its mining assets by prioritizing the exploration targets
• The commercialisation and employment of its thermal fragmentation technology.