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Project Area

The Donald Mineral Sands Project area contains an indicated and inferred mineral resource of 693 Mt @ 5.1% heavy mineral. Contained within this resource and within a boundary of composited drill-hole data is an indicated and inferred resource of 477 Mt @ 1.1% Zircon, 1.8% Ilmenite, 0.3% Rutile and 1.1% Leucoxene.

HM Resource at a 1.0% Cut-off Grade

Classification
Tonnes (M)
HM (%)
Slimes (%)
Oversize (%)
Tonnes
HM (M)
Tonnes
Slimes (M)
Tonnes
Oversize (M)
Indicated
531
5.0
14.8
7.4
27
78
40
Inferred
162
5.4
16.8
6.7
8
27
11
Total
693
5.1
15.3
7.3
35
106
50

Zircon and Ilmenite Resource at a 1.0% Cut-off Grade

Classification
Tonnes (M)
Zircon (%)
Ilmenite (%)
Rutile
(%)
Leucoxene
(%)
Indicated
368
1.1
1.8
0.3
1.2
Inferred
109
1.0
1.7
0.2
0.9
Total
477
1.1
1.8
0.3
1.1


Abbreviations

Mt Million tonnes
HM Heavy Mineral (Material with a specific gravity of >2.85sg)
Slimes Clay fines consisting of material <38μm
Oversize material >1.0mm
M million
 
 
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