African Mining January - February 2019 | Page 7

Exploration Central Africa Drilling expands Kamoa Location: DRC Resource: Copper According to Robert Friedland, executive co-chairman at Ivanhoe, the newly delineated copper corridors occur on the western flank of the unmineralised Kamoa Dome at Kamoa North. Ivanhoe recently issued a statement, saying that the most significant corridor trends north and south for more than nine kilometres before swinging to the north-west and is projected to continue onto the adjacent Western Foreland exploration licences that are 100% owned by Ivanhoe Mines. “The second corridor trends west-southwest, away from the Kamoa Dome and towards the West Scarp Fault, over a distance of three to four kilometres.” “Our latest exploration success, at Kamoa North, provides additional options for mine planning and sequencing at Kamoa-Kakula,” says Friedland. “The unparalleled strength and continuity of the high-grade mineralised trends on the Kamoa-Kakula project also bode well for the potential for further success right next door, on Ivanhoe’s 700km² Western Foreland exploration licences, north and west of Kamoa-Kakula,” Friedland adds. West Africa Birimian awaits approval Location: Mali Resource: Lithium Timbuktu Resources, the Australian exploration company Birimian’s wholly owned subsidiary, has lodged the environmental and social impact assessment (ESIA) report for the Goulamina lithium project with Mali’s environment department (Direction Nationale de l’Assainissement et du Contrôle des Pollutions et des Nuisances, or DNACPN). According to Birimian, five copies of the main report and its 17 appendices were lodged with the department in Bamako, the capital of Mali, on 6 November 2018. The ESIA has been prepared by the company’s environmental consultant, Digby Wells Environmental. Lodgement of the ESIA sets in motion a statutory maximum period of 45 days to obtain environmental approval. www.africanmining.co.za Exploration drilling at Ivanhoe’s Kamoa North prospect area, the 397km² Kamoa-Kakula mining licence, approximately 25km west of the mining centre of Kolwezi in the Democratic Republic of the Congo (DRC), has successfully delineated two new, continuous corridors of shallow copper mineralisation containing zones of thick, high-grade copper. Ivanhoe’s exploration target in the DRC. The Tier 1 Kamoa-Kakula project is a joint venture between Ivanhoe Mines, Zijin Mining, and the DRC government. An independent mineral resource estimate published in February 2017 established Kamoa-Kakula as the world’s fourth-largest copper discovery. According to Friedland, Kamoa-Kakula’s copper grades are the highest of the world’s top 10 copper deposits. The Kamoa North exploration area is about 12km north of Kamoa’s Kansoko Mine development and approximately 20km north of the Kamoa-Kakula project’s planned initial mine at the Kakula deposit. The discovery area already is accessible by an all-season road that connects with the provincial road to Kolwezi and is close to the newly installed electricity line running from Kamoa North to the planned Kansoko and Kakula mines. North Africa Tiris DFS under way Location: Mauritania Resource: Uranium The Tiris uranium project’s definitive feasibility study (DFS) in Mauritania is progressing well. Owners of the project, Aura Energy, completed all the major work by the end of last year. The study was revived last year following a period of inactivity due to the low uranium price. Tiris is a near-term development project with production expected in 2020. It has a 17 million pounds triuranium octoxide (U 3 O 8 ) resource in the measured and indicated category. Tiris is Aura’s key development project with a production target of one million pounds per annum. (On 16 July 2014, the company released to the market the Tiris project scoping study based on a production rate of one million pounds per annum. Since that date, the company has continued to advance the Tiris project with resource drilling, metallurgical test work, and engineering studies.) JANUARY - FEBRUARY 2019 AFRICAN MINING 5