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April 2017

MODERN MINING

17

MINING News

Consultants appointed for

Kalongwe Feasibility Study

ASX-listed Nzuri Copper (previously Regal Resources) has appointed

the principal consultants for the Feasibility Study (FS) and Front-End

Engineering Design for the Kalongwe project in the DRC.

Kalongwe is a significant high-grade oxide Cu-Co near-surface

resource which has potential to be developed into a near-term, low

capex/low opex mining operation producing approximately 20 t/a

of copper/cobalt in concentrate. The project is located in Katanga

Province, approximately 45 km south-west of the historic copper

mining and processing centre of Kolwezi and 15 km from Ivanhoe’s

Kamoa/Kakula copper discovery

The overall FS compilation and FEED will be undertaken by

Lycopodium. It will be assisted by Knight Piesold (tailings and water

management design), Orelogy (mining, reserve estimation and geo-

technical review), CSA (geological and resource estimation) and MSA

(site-based geological support). African Drilling has been appointed

to carry out geotechnical drilling for the FS.

The anticipated total cost of the FS, including site-based drilling

activities, is expected to be less than A$2 million, with completion

scheduled for early in the third quarter of 2017.

“The selection of high quality experienced consulting groups with

excellent African credentials, a well understood scope combined

with a focus of FEED works will facilitate a potential aggressive build

and ramp-up of the project. We look forward to completing the fea-

sibility study and demonstrating the robust nature of the Kalongwe

project,” comments Adams Smits, COO of Nzuri.

Sabodala drill programme

extends mineralisation

Teranga Gold Corporation, listed on the TSX and ASX, has announced

the second round of results from its ongoing 115-hole drill programme

at the Niakafiri deposit, situated within 5 km of the mill at its Sabodala

mine in Senegal.

Drill results from the first 60 holes at Niakafiri extend the mineralisa-

tion along strike and at depth, providing potential for re-optimisation

of the life of mine plan.

Positive drilling success in the Niakafiri Main zone include an inter-

section of 4,18 g/t Au over 23 m (including 6,52 g/t Au over 12 m) in

MDD17-279; and 2,99 g/t Au over 33 m (including 4,23 g/t Au over

17 m) in MDD17-277.

“The drill results confirm our belief that there is considerable

opportunity to extend the mineralisation both along strike and to

depth at Niakafiri,” said Paul Chawrun, Chief Operating Officer of

Teranga.“These encouraging results could result in the re-sequencing

of Niakafiri in the current mine plan, filling in the production gaps at

Sabodala to extend the life of open-pit mining and to defer the start

of underground mining.”

“We are very pleased with our most recent results, which repre-

sent some of the widest mineralised intervals encountered within the

Niakafiri deposit to date,”stated DavidMallo, Vice President Exploration

of Teranga. “Our drill programme at Niakafiri will continue to focus on

extending the mineralisation along trend and to depth.”