Resource and exploration target inventory – Mayoko Iron Ore Project
|
Tonnage |
Category |
|
|
33Mt |
JORC Inferred Resource |
DSO |
|
0.7 - 1.0 Billion Tonnes |
Exploration Target |
Hematite Itabirite |
The Mt Lekoumou and Mt Mipoundi prospects are defined by a prominent 7km long magnetic anomaly.
Recent trenching and historic shallow diamond drilling (38 holes) has confirmed the occurrence of supergene hematite mineralisation (Fe grades 50 - 65%) extending from surface to depths of 10 - 40m.
Diamond drill programme to commence 3rd quarter 2009.
Figure 3 - Mt Lekoumou - Mt Mipoundi prospects with magnetic anomalies