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MINERAL DEPOSITS LIMITED

ASX: MDL

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Mineral Deposits Limited is developing the world class Grande Côte Mineral Sands Project in Senegal, West Africa. Boasting a large scale orebody that extends for over 100 kilometres and which features high quality zircon, the project is well positioned to take advantage of large supply deficits forecast in the near-to-mid-term future for mineral sands and titanium products.

This world class mineral sands project is located on a coastal mobile dune system starting about 50 km north-east of Dakar and extending northward for more than 100 km. The mineralised dune system averages 4 km in width. The project area is 445.7 km sq and the main heavy mineral deposits identified to date are Diogo, Mboro, Fass Boye and Lompoul.

At the Grande Côte, independent consultants have estimated a measured and indicated Mineral Resource of 1,030 million tonnes at 1.7% heavy mineral (HM) at a 1.25% cut-off grade. At design capacity, the mining rate of 55 mtpa will produce approximately 85,000 tonnes of zircon annually, making it one of the larger zircon mines in the world, and 550,000 - 600,000 tonnes of ilmenite.

Mine For

zircon, ilmenite, mineral sands

Location of operation(s)

Senegal

Address

Level 17 530 Collins Street
MELBOURNE, VIC, AUSTRALIA

Phone

+61 3 9618 2500

Email

Website


Last Updated

20/12/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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