SPILL CONGO SARL, the sole proprietor of the Punia Gold Project (PEPM13492), today announced it is formally seeking a $1.66 million USD investment to launch the first two phases of its development plan. This initial capital will fund the establishment of organized artisanal mining and a semi-industrial alluvial dredging operation, projected to generate rapid cash flow.
The funded activities for Phase 1 (Artisanal) and Phase 2 (Alluvial) are designed to bring the project into production within four weeks, with a combined projected output of over 45 kg of gold per month. This near-term production strategy is a key component of the company’s de-risked approach to developing its 20,899-hectare concession in the Maniema Gold Belt.
“This funding round represents a critical step in our phased strategy to unlock the immense value of the Punia Gold Project,” said Obed Tshilomboji Muyumbe, Co-founder President and CEO for SPILL CONGO SARL. “By starting with lower-capital, high-return activities, we can generate immediate revenue to fund the subsequent industrial-scale expansion while demonstrating the project’s viability to our investors. Our goal is to reimburse the initial investment within a six-month period from the start of production.”
The company’s detailed business plan outlines a clear path to industrial-scale operations (Phases 3-5), with a future investment target of $4.85 million to install a 50 TPH processing plant and achieve production of 109 kg of gold per month.
About SPILL CONGO SARL: SPILL CONGO SARL is a mining company established in the Democratic Republic of Congo and is the sole owner of the Punia Gold Project (PEPM13492). The project is a significant, 20,899-hectare concession located in the heart of the prolific Maniema Gold Belt. The company is managed by a highly qualified team with decades of experience in the DRC’s mineral and mining sector, specializing in geology, mine development, and logistics.
