Archimidas Limited is a Tanzanian registered company holding Primary Mining Licence PML••••MBY in Chunya District, Mbeya Region. The license grants us the legal right to mine and export gold from the concession. We are building out a vertically integrated processing operation including jaw crushing, ball milling, and VAT leach gold recovery — with all output sold directly to the Bank of Tanzania.

All gold produced is sold directly to the Bank of Tanzania (BOT) in Dodoma at prevailing spot market rates. Selling to the BOT rather than exporting privately reduces our effective tax rate from 9.3% to 7.3%, improving margins at every production level. Revenue is collected per sales cycle and reported to JV partners on a quarterly basis.

We have completed Phase I — the concession acquisition is fully funded and the Primary Mining License is secured. We are now in Phase II, focused on standing up the full processing plant, completing the equipment buildout, and beginning steady-state gold production. Joshua Eaton visited the site in early 2026 to establish operations on the ground alongside our Tanzania-based team.

Investors participate through a Joint Venture Agreement with Archimidas Limited, giving them direct economic potential to gold production from the concession. Partners receive a share of quarterly net revenue from developed mine shafts, full monthly operational reporting, and the option to visit the site in person. Terms are structured individually — request access to receive the full JV term sheet.

At current gold spot prices, our vertically integrated processing model generates strong net monthly margins after all operating costs and statutory charges. Revenue scales directly with gold spot price and throughput improvements. The full financial model — including revenue projections, scenario analysis, cost breakdown, and production assumptions — is available in the investor package, which you can request via the contact form below.

Yes — and we encourage it. Qualified investors are welcome to visit the Chunya concession in person to verify the license, meet the on-ground team, and see the operation firsthand. We also provide the full documentation package upon request: PML license documentation, company registration, production plans, and a detailed financial model. We built the investor documentary specifically to give a transparent, unscripted look at what the operation looks like on the ground.

Tanzania is Africa's fourth-largest gold producer and has a well-established legal framework for foreign-held mining licenses. Chunya District in the Mbeya Region has a long history of artisanal and small scale gold production with proven ore bodies. The regulatory structure — including the BOT offtake program — gives operators a clear, institutionally supported path to monetize production. Operating costs in the region are also significantly lower than comparable operations in North America or Australia.

There is no fixed minimum published on this site — participation terms are structured individually based on the investor's goals and capital amount. The best first step is to request access using the form below. We will respond within 48 hours with the full investor package including the JV term sheet, financial model, and supporting documentation. From there we schedule a direct conversation with Joshua Eaton to discuss fit and structure.