Olives Expeditions Precious Metals

Savant Business Advisors supports Olives Expeditions Precious Metals, a large-scale mineral exploration and development initiative located in the Masindi District, Central Uganda, with ongoing activities extending through December 2025. The project comprises four contiguous exploration licenses within the same jurisdiction, creating a consolidated and highly prospective mineral portfolio.

The concessions collectively cover over 840 square kilometers and host significant magnetite iron ore resources, with independently assessed estimates exceeding 500 million metric tons of mineral resources and 600 million metric tons of mineral reserves. Assay results indicate iron grades averaging 38.5% magnetite, with additional mineralization including gold (0.2–0.9 g/t) and associated elements such as nickel, cobalt, manganese, and titanium. The iron ore exhibits strong natural magnetic properties, enabling efficient beneficiation and reduced processing complexity.

Gold mineralization remains open along a southern trend, supported by airborne magnetic data identifying promising subsurface structures that extend across license boundaries. Ongoing exploration continues to refine resource potential, with multiple anomalous zones offering opportunities for coordinated development and expansion. Savant Business Advisors supports this project through strategic advisory, capital alignment, and long-term development planning for scalable precious and industrial metals production.