The deposits, which are the focus of Colt Middle East Pakistan’s interest, are all located in the Tethyan belt, which runs from Asia to Europe and comprises one of the largest mineral deposits on earth. Our particular area of interest is in the Chagai Hills, an area explored in detail in the 1970s by the geological survey of Pakistan. To date the only significant mining operation being carried out here is by Chinese State companies in a location called Saindak, which was put into production in the 1980s as a copper mine. It is estimated that there could be over a substantial wealth of recoverable mineral resources in the region which if further investigated could be exploited for the greater benefit of the Baloch people and the Pakistani nation. All the surveys conducted so far have supported this assumption.
Colt Middle East will through its local SPV’s, develop and acquire mining and exploration licenses that have world class potential in Chagai District, Balochistan, Pakistan.
Most of the area is situated on Tethyan belt, one of the most well known belts in the world for natural resources. The sub-duction of Arabian plate into Afghan micro plate resulted in magmatic eruptions in the region which mainly comprise a submarine environment with the oldest being the Sinjarani volcanic group and the youngest multiple phase porphyry intrusions in the NE, NW portion as well as sedimentary sequences in the SE, SW portion.
Most mining and geological who have reviewed the area have confirmed that if modern techniques of exploration and production are employed in this area then many more recoverable grade deposits will be uncovered