ZIMBABWE: Polaris Natural Resources Awarded Cabora Bassa Basin Seismic

Invictus, following the recent signing of the PEDPA with the Republic of Zimbabwe, has awarded Polaris Natural Resources Inc, Canada’s longest standing seismic company to provide acquisition services for its first 2D seismic program in the Cabora Bassa Basin. Polaris has conducted over 1,000 seismic projects since 1996 and introduced the first ‘low impact seismic crew’ into Africa in 2008. Polaris has conducted over 15 projects in East Africa and has been well accepted in all communities where they have operated. Polaris will also deploy the world’s newest and smallest wireless recording nodes and receivers.

Bill Mooney, Polaris CEO, states: “Polaris is very pleased to support Invictus on this world class project. The combination of technologies being employed represent not only the lightest seismic footprint possible, but also allows for very fast and high resolution data acquisition.”

The Company intends to conduct, process, and interpret a minimum of 400 line kms of 2D seismic in order to refine the Mzarabani-1 drilling location and well path and identify additional prospectivity for the upcoming drilling campaign. The proposed seismic survey
will be conducted with a minimal environmental footprint and utilise existing roads and tracks wherever possible.