African Consolidated Resources plc is engaged in the exploration for and development of mineral projects in Sub-Saharan Africa. The Company has a portfolio of projects in both Zimbabwe and Zambia and is also investigating certain opportunities in Romania. The Company has a project portfolio covering gold, nickel, copper, phosphate and diamonds. Its key focus is on the Pickstone-Peerless Gold Project in Zimbabwe. The 584 hectares Pickstone-Peerless Gold Project is located 100 kilometers southwest of Harare. The Company's Gadzema Gold project is a prospective greenstone belt containing the Giant Mine property and the Blue Rock discovery. It is located 10 kilometers north of Chegutu in the Midlands district, and is only 30 kilometers north of the Pickstone-Peerless mine.