Revolutionising Mining with Core Values: Safety, Integrity, Respect, Innovation and Fairness.

Commited to sustainable extraction, we honour future generations by safeguarding the environment, ensuring its vitality for years to come.

Mission Statement

At Enhalo Mining, we are committed to transforming the mining industry by prioritizing safety, honesty, respect, innovation, and fairness. Our aim is to lead the industry in responsible and sustainable mining practices, benefiting all stakeholders, local communities, and the environment.

We believe that mining precious metals can have a positive impact, and we are dedicated to collaborating with local communities to create positive and lasting effects. We recognize that the resources we extract belong to future generations and are committed to preserving and protecting the environment for their benefit.

In the coming months and years, our goal is to reinvest in local communities through a steadfast commitment to enhancing critical infrastructure, including building schools and medical centers in the area and beyond.

The Commodity

History of Gold

Gold has been an important metal throughout human history, dating back to ancient Egypt where it was used for decorative objects and jewelry. It was also used extensively in the art and architecture of other ancient civilizations. During the Middle Ages, gold was used to create religious objects, castles, and as currency. The discovery of gold in the Americas in the 15th and 16th centuries led to international trade and economic growth.

Usage of Gold

Gold is a highly versatile metal that has been used for a variety of purposes throughout human history. It is commonly used for jewelry and currency, but it also has many other uses such as in electronics, medicine, and dentistry. Gold’s unique properties, including its high electrical conductivity, malleability, and resistance to corrosion, make it a valuable material in many different applications.

The Market

The gold market is a global marketplace where gold is bought and sold for various purposes, including investment, jewelry, and industry. The gold market offers high liquidity and potentially excellent opportunities to profit in nearly all environments due to its unique position within the world’s economic and political systems.

Hedge Against Inflation

Gold is considered a safe-haven asset, and holding gold offers investors protection against geopolitical and socioeconomic upheavals and is often used as a hedge against economic turmoil. Gold also offers a low correlation with both stocks and bonds, which provides a tangible diversification benefit.

The Region

Enhalo Mining has an interest in a mining concession in Busia, Uganda. Busia is a district in Eastern Uganda, situated along the border of Kenya, that is known for its significant gold deposits. This area is part of the Lake Victoria Gold Belt which stretches across Uganda, Kenya and Tanzania.

In this area there are a number of artisan miners and also larger foreign corporations. As an example of how rich this region is, a foreign corporation nearby has a gold reserve worth approximately $16 billion in today’s market. They are investing heavily (approx. $200 million) into their infrastructure and plant equipment.

Due to the gold deposits around the Busia area, Enhalo Mining is actively scouting for new concessions to add to our portfolio to continually grow our gold reserves while also developing our current interests.

The Enhalo Story in Numbers

30 Years

The Burlcore team has over 30 years of collective experience within the gold and precious metals experience.

7 Countries

Burlcore actively exports to 7 countries including, London, Switzerland and the UAE.

7 Tonnes

Burlcore Mining currently has recoverable gold reserves in the ground of approximately 7 tonnes. This number will grow as more concessions are added to our portfolio.

$450+ Million

The value of our current recoverable gold reserves with more concessions to be continually added.