In 2010, Lobo Resources was established to identify, purchase, and develop a mine in Indonesia. Four years later, after an exhaustive search, we identified the Lead and Zinc potential of PT Indo Mineralita Prima (IMP).
In 2015, purchase of the concession was arranged conditioned upon confirmation of the deposit. Over the next year we completed due diligence demonstrating a Lead and Zinc ore resource.
At the end of 2016, we concluded the purchase of IMP. In 2017 and early 2018 we have completed various licenses and permits, and will begin selling ore in Q1 2019. We expect to start selling our Concentrate in Q3 2019.