The Mufunta concession is located 9km to the south-east of the Etoile mine site. A total of 37 holes have been completed totalling 4,721 metres.
In July 2012, AMC undertook an audit of the drilling work at Mufunta to ensure compliance with JORC standards. In line with their audit, a JORC-compliant resource statement was generated. There are no signficant cobalt values at Mufunta and metallurgical testwork has shown that it exhibitis poor leaching characteristics, and so it has not been included in the resource.