Tyranna Resources Acquires 70% of Angola’s Maongo Copper-Gold Project Amid Growing Demand for Strategic Metals
Tyranna Resources, an ASX-listed company, has signed agreements to acquire a 70% interest in the Maongo copper-gold project, located 25 km northeast of Namibe, Angola.
The project comprises a single prospecting concession application covering 269 km², which is expected to be formally granted in the September 2025 quarter.
The area hosts extensive historical mining infrastructure, including ore treatment sites, three main underground mining zones, and numerous secondary workings that predate Angola’s modern political era.
Situated in flat, arid terrain, the Maongo site benefits from year-round accessibility via a robust infrastructure corridor.
This includes the sealed Namibe–Lubango highway, a railway line, and electricity transmission infrastructure.
Additionally, the project lies adjacent to the Caraculo solar power station, enhancing its energy security.
“We have been actively pursuing projects aligned with our strategic focus on demand-driven metals in Angola.
The Maongo project is the first to meet our strict criteria—demonstrating strong copper and gold potential in an accessible and straightforward operating environment,” said Tyranna Managing Director David Crook on July 14.
During the company’s due diligence, field teams verified the existence of historical mining and processing sites.
The concession approval process is now underway with Angola’s Agência Nacional dos Recursos Minerais (ANRM), Tyranna’s local partner OCJAF (30% interest), and its 70%-owned Angolan subsidiary, Maongo.
Tyranna’s project generation initiative began in 2024, evaluating proposals from several Angolan concession holders and reviewing geological data from the Geological Institute of Angola.
The team also analyzed hyperspectral imagery in regions with known copper potential, established infrastructure, and landforms suitable for modern exploration.
Copper and gold mineralisation at Maongo was initially discovered in the early 20th century, with mining activities likely beginning in the 1920s under Empresa Mineira do Sul de Angola.
These operations were documented by geologist Bebiano in 1926. Further development occurred in the 1960s under Empresa do Maongo Lda and Companhia Mineira do Lobito.
The underground workings are grouped into three primary clusters:
Vimpongos Group (West): Includes one of the largest mines in the district, featuring an 85-metre-deep shaft with four levels and various support structures.
Maongo Group (Central): Hosts remnants of a colonial-era ore-treatment plant, buildings, unprocessed rock dumps, production shafts, galleries, and exploration trenches. The Conango Canpungo workings are located nearby.
Cacimba Workings (East): Encompasses the Galeria de Santa Bárbara mine, as well as sites known as Chirundue and Pedra Grande. However, production records from these sites are incomplete and at times contradictory.
Next Steps in Exploration
Upon finalisation of the mining investment contract with ANRM, Tyranna will initiate exploration programs to expand known targets within the Vimpongos, Maongo, Conango Canpungo, and Cacimba prospects.
The initial work plan includes:
Geological mapping
Soil geochemistry
Geophysical surveys
These activities will be followed by targeted drilling based on identified anomalies.
