Sierra Leone News & Information

State House | Press Union | Lumley Beach | AllAfrica | SL-Web

  Giving Knowledge to the People
welcome to sierra leone's premier news source
Last Updated: Nov 19th, 2010 - 16:14:22 
Front Page 
 Breaking News
 Local News
 Photo News
 Video News
 Afsatu Kabba
 Moiie's Column
 Role Models
 Awareness Lady
 Common Man
 Special Messages
 Legal Matters

Published online by
Sylvia Blyden Dot Com

17 Garrison Street,
Sierra Leone.
Tel: +232-77-772001
Tel: +232-88-321000
Tel: +232-76-350077
Tel: +232-30-321001


Marampa Can Achieve Late 2012 Start-Up With Maiden 200mt Jorc Resource Representing Only 20% Of The Mineralised Strike
Nov 19, 2010, 17:10
Email this article
 Printer friendly page

Australian resources and investment company, Cape Lambert Resources Limited (ASX: CFE) (“Cape Lambert” or the “Company”) continues to advance its 100% owned Marampa Iron Ore Project (“Marampa Project” or “Marampa”) in Sierra Leone, West Africa (refer Figure 1) towards a possible late 2012 production start­up, with the Company announcing a maiden JORC compliant Inferred Mineral Resource at the Marampa Project of 197 million tonnes at 28.5% Fe (above a 15% Fe lower cut-off).

The Marampa Project is a hematite iron ore project uniquely leveraged to a rapid “and low risk pathway to production, via existing rail and port infrastructure that is currently being refurbished (refer ASX announcements 6 April 2010 and 15 October 2010).

Commenting on the maiden JORC resource estimate for Marampa, Mr Tony Sage, Executive Chairman of Cape Lambert, said:

Chris Gbyl|: Country Manager

“This is a landmark moment for the development of the Marampa Project, we have made rapid progress in the past twelve months and with five rigs now drilling at site, we expect to accelerate the timing of our first resource update, scheduled for the March 2011 quarter, at which time the bulk of the rail and port infrastructure refurbishment associated with the project will be completed.”

“With this substantial maiden JORC resource complete, we will now be able to finalise a scoping study looking at a proposed initial development rate of 2-5Mtpa, from late 2012, with the maiden JORC resource providing for a mine life in the order of 20 years at 2Mtpa concentrate production, with significant resource growth to follow.”

“In addition, the metallurgical test work has shown that the hematite resource can be upgraded to a sinter fines or blast furnace pellet feed product, at a coarse grind size using mature, low risk magnetic separation,” Mr Sage added.

Maiden JORC Inferred Mineral Resource Estimate

The maiden Inferred Mineral Resource estimate is 197 million tonnes at 28.5% Fe above a 15% Fe lower cut­off of oxide and fresh iron ore. This estimate covers the Matukia and Gafal West prospects only (refer Figure 2) over a drilled strike length of 1.4 and 1km, respectively. It represents approximately 20% of the known mineralised strike at the Marampa Project (refer Figure 2) and as such the Company is confident it can be increased substantially.

The mineral resource estimate was prepared and classified by independent, international mining consultancy Golder Associates Pty Ltd (“Golders”) in Perth Australia using geological interpretations provided by Cape Lambert and is reported in accordance with the 2004 edition of the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves (“JORC”). A full copy of Golders’ Mineral Resource Statement is attached to this announcement.

The mineral resource estimate is based upon a total of diamond drilling of 12,170metres (49 holes) completed at the Matukia and Gafal West prospects  up to 1 October 2010. Both prospects are located immediately along strike of previous open pit iron ore mines operated by DELCO until the mid-1970s. Gafal West remains open to the west, where it links with the Mafuri prospect and Matukia remains open to the north. Above 15% Fe Lower Cut-Off

Resource Growth

A total of eight iron ore prospects have been identified at Marampa (refer Figure 2 and ASX announcement 27 July 2010). The six prospects not included in this maiden JORC resource estimate represent 80% of the prospective mineralised strike identified to date. With the exception of three diamond drill holes at Petifu, none of this prospective mineralisation has been tested by drilling. This therefore presents considerable potential to significantly increase the resource inventory of the Marampa Project with further drilling.

Five drill rigs are now operating at Marampa, following the mobilisation of three additional rigs to accelerate the resource definition drilling program. This accelerated drilling program comprises 34,000m in 250 drill holes and is targeting the Mafuri, Rotret, Petifu and Makambo prospects (refer Figure 2), where little or no previous drilling has taken place. The Company is confident that this aggressive drilling program will result in substantial additions to the resource inventory.

The first resource update is planned for the March 2011 quarter and will include the results from current drilling.

Metallurgical Test Work

Bateman Engineering Pty Ltd (“Bateman”) is currently undertaking a scoping study for the establishment of a standalone, open pit mining operation and concentrator to produce 2~5Mtpa of hematite concentrate, expandable to 10Mtpa. The scoping study is due for completion in mid-December 2010.

As part of this study, Bateman has undertaken metallurgical test work on two representative run-of-mine composite samples from the Matukia and Gafal West prospects, with the aim of determining mass recovery to concentrate, concentrate quality and defining the proposed wet, high intensity magnetic separation (“WHIMS”) process flowsheet.

This metallurgical test work was based on single stage crushing, SAG milling to a primary grind of 80% passing 440 urn, roughing, cleaning and re-cleaning WHIMS stages, with the middlings fractions reground to 100% passing 250 urn, followed by WHIMS cleaning and re-cleaning stages.

Initial results (prior to circuit optimisation) show a hematite concentrate grading 63-65% Fe, 3.7-4.3% Si02, 0.9-1.2% Ai203, nil S and 0.02% P can be produced, with mass and iron yields of 30-33% and 80-83% respectively.

Exploration Target Size

With the maiden JORC resource now complete, and with the Company having a better understanding of the mineralisation at Marampa, Cape Lambert has increased the Exploration Target Size to 600Mt-900Mt at 28-32% Fe.

Infrastructure update

Marampa is connected to the deepwater port, stockpiling and ship loading facility located at Pepel via the 84km Marampa railway (“Marampa Infrastructure”).

As announced to the ASX on 16 July 2010, Cape Lambert has signed a term sheet with UK based company African Minerals Limited (AIM: AMI), which has a 99-year lease over the Marampa Infrastructure. The agreed term sheet provides for Cape Lambert to hold a 33% equity interest in the Marampa Infrastructure, with African Minerals holding 57% and the Government of Sierra Leone holding 10% interests respectively. African Minerals, through a special purpose infrastructure vehicle, is overseeing the refurbishment of, and will operate on a day-to-day basis, the Marampa Infrastructure.

In recent months work has commenced on refurbishing the Marampa Infrastructure. Key activities undertaken include

· removal of existing railway line and sleepers, and re-compacting the rail formation;
· replacing missing rail sections and ballast;
· arrival of a second hand locomotive;
· commencement of civil works at Pepel for new stockpile and reclaim areas.

© Copyright by Awareness Times Newspaper in Freetown, Sierra Leone.

Top of Page

Latest Headlines
In Sierra Leone, President Koroma Condemned for ‘Panic’ over UBK
SLPP’s Usman Boie Launches Campaign in Style
SLPP Bags Le550 Million in Candidate Fees
Encourage Moseray Fadika and Frank Timis the Romanian
National Judiciary Deserves to be Heard
We Do Not “Negotiate” for Space with Anyone!
Afsatu Lectures Students against Violence
Afsatu Kabba Launches Women Organization
Sierra Leone's Opposition Resident Village Idiot flies out to U.K. and Ghana today
Maada Bio: SLPP’s Foolish Aspirant!
Journalist Paul Kamara & Justice Tolla-Thompson: Our National Constitution Must be Obeyed!
This is for Maada Bio!
WIMSAL at 3……What hope lies ahead for Women in the Media?
Reproduced by Popular Demand: No Junior Secondary School Built at Tondola Junction
Sierra Leone's NPRC’s Tom Nyuma, Sierra Rutile, Vimetco, John Sisay & the Inquest for late Bambay Kamara
Sierra Leone's Video-Journalist Abdulai Jalloh marries his Sweetheart, Cecilia
‘Nor Look En Face’ Takes Over the Airwaves in Sierra Leone
Haja Afsatu Olayinka Kabba: A Muslim Woman of Excellence!
Sierra Leone Government in Serious Embarrassment as Businesses Shut Down over New Tax
In Memory Of Hon Dr. Salia Jusu-Sheriff “Maada”
Cape Lambert Marampa lron Ore (SL) Limited Wishes HIS Excellency Dr. Ernest Bai Koroma, Vice-President Chief Alhaji Sam Sumana
The Latest Leaked US Embassy Cable from Wikileaks Website concerning Sierra Leone
Marampa Can Achieve Late 2012 Start-Up With Maiden 200mt Jorc Resource Representing Only 20% Of The Mineralised Strike
Koidu Holdings Explains Blasting Incident at Koidu Kimberlite Project Mine Site
Presenting Professor Dr. Ritchard Tamba M’Bayo
NASSIT and HFC offers 28 Newly Built Houses for immediate Sale in Sierra Leone
African Minerals (SL) Ltd Job Vacancy
JOLLIBOY! - Solomon Pratt's Book is now available for Purchase Online
Letter To Tech: The Political ‘Dombolo’ in Kono
President Koroma Fires One: Maybe the Cabinet Reshuffle Has Commenced?
Schulenburg Should Behave Himself
No Edition out for today from Freetown, Sierra Leone
Sierra Leone's Awareness Times Publisher Never Collected a Single Penny for P.R. let alone Ten Million Leones monthly!

Copyright © 2005 - 2010, Awareness Times Sierra Leone; All Rights Reserved.
Hosted & Designed by West Africa Dot Net