Zanaga Iron Ore Company Limited is a United Kingdom-based holding company. The Company is focused on managing, developing and constructing iron ore project capable of mining, processing, transporting and exporting 45 metric tons per annum of iron ore concentrate from the Republic of Congo. It owns two exploration licenses for iron ore in the Lekoumou District, in the south west of the Republic of Congo; the Zanaga Madzoumou exploration license (500 square kilometers in area), and the Zanaga-Bambama exploration license (500 square kilometers in area). The Zanaga License Area is approximately 250 kilometers north-west of the capital Brazzaville and approximately 300 kilometers north-east of Pointe Noire. As of June 30, 2010, the Company had a joint ore reserves committee (JORC) compliant indicated and inferred mineral resource of 3.34 billion tons at an average grade of 32.75% of iron. The Zanaga Project is located in the Lekoumou District, in the south west of the Republic of Congo.