Universal Metal Limited
Mining Tanzania. Built for the long term.
Singida Gold Project · Central Tanzania
An American-owned, principal-led mining company incorporated in Tanzania in 2013, seeking a Phase 0 capital partner for its advanced-stage gold project in Singida.
At a glance
An American-owned, principal-led mining company incorporated in Tanzania in 2013
A portfolio across gold, diamond, marble, and critical minerals, anchored by the Singida gold project
Holds licensed ground in a jurisdiction that has grown selective about new grants
The Singida project is advancing toward mining license conversion in 2026
A Phase 0 capital partnership funds the resource and permitting work
An advanced-stage position in a producing district
Shanta Gold's Singida mine, a producing mid-tier gold operation, sits in the same district on the same geology
That operation reached commercial production in 2023 and expanded in 2025
Universal Metal's position sits adjacent and at an earlier stage, and the entry reflects that
The district was established as economic when gold traded near $1,900; gold now trades above $4,000
A position built over thirteen years in jurisdiction
Tanzania has grown selective about who it grants and renews mineral ground to
Universal Metal Limited has been incorporated and operating in the jurisdiction since 2013
The company holds licensed ground that newer entrants are still working to secure
Operating relationships with the Mining Commission and host communities are established (detail under non-disclosure)
Standing in jurisdiction is earned over years, not acquired at entry.
The Singida gold project
A producing operation in the same district
Shanta Gold's Singida mine sits in the same district, on the same geology and under the same regulatory regime
It was built for about $42M and has produced since 2023; throughput doubled in 2025
The district was established as economic when gold traded near $1,900; gold now trades above $4,000
Figures are public and refer to Shanta Gold's Singida operation, not to Universal Metal Limited.
Current position
Licensed ground held and in good standing
Historical exploration completed, non-JORC
Funded by the Phase 0 partnership: a JORC-compliant resource, environmental scoping, and the mining license application
Pre-resource and pre-permit, adjacent to a producing operation.
Mining license conversion under the Tanzanian Mining Act
Feasibility study
Environmental certificate from NEMC
Environmental management plan
Proof of financial capability
Proposed mining programme
Local content plan
Mining license application to be filed
before 21 August 2026
Framework summary; requirements confirmed under Tanzanian counsel.
Phase 0: the capital partnership
What the $3–5M funds
JORC-compliant resource study
Environmental (ESIA) scoping
Mining license application
Tanzanian counsel and regulatory engagement
Structure
Earn-in equity, tranched against defined milestones
The family retains operating control and majority economics
Specific equity and valuation are addressed directly and set at term sheet
$3–5M
Phase 0 partnership
$29–45M
Full path to first gold (funded later, in tranches)
Operating to standards that survive scrutiny
Operating design references international standards from the outset: UNGPs, OECD Due Diligence Guidance, IFC Performance Standards, VPSHR, and ILO Core Conventions
Free, prior and informed consent (FPIC) procedures are applied where applicable
Land rehabilitation and progressive reforestation are written into the environmental management plan
25% Indigenous Tanzanian ownership provides local economic participation above the statutory floor
Critical-minerals positions beyond gold
The portfolio includes critical-minerals ground, including wolframite (tungsten)
Tungsten became a Western strategic-supply priority following China's 2025 export controls, which removed most global supply
These positions are platform optionality; Phase 0 capital is anchored to the Singida gold project
The Singida gold project anchors the portfolio; the critical-minerals positions extend its horizon.
Timeline and milestones
Benchmarked to Shanta's Singida build of approximately $42M over 2 to 2.5 years.
The capital partnership
A Phase 0 capital partner, $3–5M
Earn-in equity; structure and terms addressed directly and set at term sheet
Next step: mutual non-disclosure agreement and controlled data-room access
Shanta's adjacent Singida mine establishes the district context. Phase 0 funds the work that produces Universal Metal's own compliant resource.
Contact: investors@universalmetal.co · sereen@universalmetal.co