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July 2015
MODERN MINING
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MINING News
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Tawana Resources, based in Perth, Western
Australia, which is developing the Mofe
Creek iron ore project in Liberia, has
announced the discovery of new high-
grade Direct Shipping Ore (DSO) haematite
mineralisation, averaging 62,8 % Fe and
up to 66 % Fe, located a short trucking dis-
tance from the operating port of Freeport,
Monrovia.
Additionally the company has discovered
greater than 2,2 km strike of friable itabirite
mineralisation in theGoehnprospect as part
of its ongoing low-cost exploration strategy
over its recently acquired, 100 %-owned
Mofe Creek South licence.
The new zone of DSO haematite min-
eralisation occurs within the Goehn South
East (SE) prospect, within a broader >550m
strike length of friable, coarse-grained
itabirite, with potential for additional strike
extensions.
Executive Chairman and Chief Executive
Officer Wayne Richards said: “This target
represents the highest grade, continuous
Afarak starts bulk sampling at Vlakpoort chromite mine
Afarak Group reports it has commenced
bulk sampling at its Vlakpoort open-pit
mine in South Africa. The total open-pit
measured, indicated, and inferred resources
are estimated at 1,9 Mt of chromite, with a
life of mine for the open pit of five years. The
company expects to ramp up to full produc-
tion in 2016, once the submitted mining
right has been approved.
The mine is located on the farm Vlak
poort 388KQ, close to the mining town
of Northam in Limpopo Province. Afarak
acquired the Vlakpoort property and
prospecting surface right in 2013.
Afarak Group is a chrome mining and
minerals producer focused – it says – on
delivering sustainable growth with a special-
ity alloys business in southern Europe and
a ferro alloys business in Southern Africa.
Apart from Vlakpoort, its assets in Southern
Africa include the Stellite chrome mine,
the Mecklenburg mine and the Mogale
Alloys processing plant in South Africa and
the Waylox mine development project in
Zimbabwe. The Group is listed on NASDAQ
OMX Helsinki and on the LSE.
DSO discovery a potential ‘game changer’ for Tawana
zone over multiple samples, of DSO hae-
matitemineralisation discoveredwithin the
project area to date. It represents a fantas-
tic result for the company and an exciting
potential low-cost, early development
opportunity within short trucking distance
to the operational port of Monrovia.
“The combination of a new DSO hae-
matite discovery within the Mofe Creek
project area and the recently announced
port infrastructure MoU signed with
WISCO-CAD significantly enhances the
potential for a low-capital intensity, early
start-up DSO trucking operation. This is a
potential game-changer for both the proj-
ect and the company.”