Minerals & Mining Platform
From exploration and small-scale formalisation to accountable doré — a licence-backed gold platform in Uganda, and the base for our planned move into critical minerals.
Licence-backed opportunity
Built on real licences and real ore
Memnon’s minerals & mining platform is anchored in granted Ugandan licences and an active ore-to-doré development — not concepts. We combine capital, processing capacity, technical screening and compliant offtake to convert small-scale and artisanal production into accountable, investment-grade gold.
Licence-backed
Granted exploration licences plus SML 00575 at Kasanda.
Ore-to-doré
From feedstock intake to sealed, reconciled doré.
Exploration licence portfolio
A growing, licence-backed pipeline
Five granted exploration licences across prospective Ugandan gold districts provide optionality alongside the Kasanda development — a pipeline from exploration to production under one platform, worked through a stage-gated field programme.
Licence and resource information is indicative and subject to verification. No mineral resource or reserve estimate is implied unless independently verified under recognised reporting standards.
SML 00575 · Kasanda
The Kasanda ore-to-doré development
Memnon’s first ore-to-doré development sits on Small-Scale Mining Licence 00575 at Kasanda. It is the flagship of the platform: a formalised, licence-backed operation designed to aggregate ore, process it accountably, and produce sealed doré under full chain-of-custody.
- Formalised SML production base
- Aggregation of qualified feedstock
- Structured processing & recovery
- Accountable doré & reconciliation
Joint venture
Concord Minerals Group JV
The Kasanda development is operated in Uganda through the Concord Minerals Group joint venture — combining Memnon’s capital and platform with on-the-ground operating capability, licence access and local execution. The JV structure ring-fences the asset and aligns partners around accountable production.
Capital & platform
Memnon capital, processing and market access.
Operating capability
Local execution, licence access and site delivery.
Ring-fenced
Asset-level structure with clear governance.
UGAASM · Formalisation
Formalising artisanal & small-scale mining
Uganda’s gold is largely produced by artisanal and small-scale miners. Memnon works with UGAASM and licence holders to formalise this production — bringing operators into compliant, safer, better-financed structures and connecting them to a real processing and offtake route.
- UGAASM standing & endorsement
- Compliance with DGSM, URSB, URA, NSSF
- Safer practices & mercury reduction
- Access to capital & markets
Processing strategy
A shared processing & recovery platform
Rather than each operator building sub-scale plant, Memnon develops shared, structured processing capacity — improving recovery, safety and accountability while giving qualified licence holders a reliable route to market. Processing is designed around metallurgical accountability and chain-of-custody from the first weighbridge reading.
Ore-to-doré operating model
Licence → Assay → Processing → Doré → Reporting
One accountable line of sight from the mining face to sealed doré and board-level reporting — enforced by the Ore-to-Doré Management System.
Licence
Verified, compliant SML feedstock.
Assay
Grade & recovery testing per batch.
Processing
Structured recovery & production.
Doré
Sealed doré under custody.
Reporting
Reconciliation & board reporting.
Assay & metallurgy
Grade verification & metallurgical testing
Every qualified feedstock is characterised through sampling, assay and metallurgical test work to establish grade and recoverable gold before commercial terms are set. This protects both the operator and the platform, and underpins accountable reconciliation.
- Representative sampling
- Independent assay verification
- Metallurgical / recovery testing
- Batch-level records
Custody & reconciliation
Chain of custody and doré reconciliation
Expected gold (grade × feed) is reconciled against actual recovered doré, with variance flags, seals and an immutable audit trail. This metallurgical accountability — from weighbridge to vault — is the security backbone that makes small-scale gold investable.
Tailings opportunity
Value in historical tailings
Decades of small-scale processing have left tailings that may still contain recoverable gold. Memnon assesses tailings as a potential complementary feed source alongside primary ore.
Subject to assay & metallurgical verification
Any tailings opportunity is strictly indicative and pursued only after representative sampling, independent assay and metallurgical test work confirm recoverable grade and viable recovery. No tailings resource or recovery is implied until independently verified.
ESG & community
Safety, mercury reduction & shared value
Formalisation is an ESG programme as much as a commercial one — safer practices and PPE, mercury reduction, environmental compliance (NEMA), local hiring and community engagement, aligned with recognised standards and the goals of UGAASM.
Environment
Mercury reduction, tailings management, NEMA compliance.
Community
Safety, local hiring and formalisation.
Next phase · Planned
From gold to critical minerals
The disciplines that make small-scale gold investable — licence verification, technical validation, traceability and community standing — are the same ones critical-mineral supply chains now demand. Memnon plans to extend the platform into critical minerals, working with international offtakers, grant-making institutions and governments.
Investor & data-room access
Detailed project information, geology, processing and governance materials for the mining platform — released to qualified investors under NDA and KYC.
Request Access to Dataroom →Subject to financing, permitting, technical validation, assay verification, metallurgical testing and final due diligence. No mineral resource or reserve estimate is implied unless independently verified under recognised reporting standards. This page is for information only and is not an offer to sell securities or a solicitation to invest.
Engage with Memnon
Investors and strategic partners
For institutional investors
Request Access to Dataroom
Qualified investors can request access to detailed project, governance and pipeline materials — released under NDA, KYC and internal approval.
Request Access to Dataroom →For offtakers, grant-makers & governments
Discuss a strategic partnership
Offtakers, development-finance and grant-making institutions and government partners can open a conversation on exploration, gold and critical minerals.
Start a partnership conversation →