PROJECTS & INVESTMENTS

Marampa Iron Ore

The Marampa Iron Ore Project (“Marampa”) is an advanced hematite iron ore project at feasibility assessment and permitting stage.


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Highlights


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Summary
 

Location
  • Republic of Sierra Leone
  • Large land position (305km2)
Ownership
  • 100% CFE 
JORC Mineral Resources
  • 4 deposits with 680Mt at 28.2% Fe (15% Fe cutoff)
  • Indicated 261Mt at 28.7% Fe and Inferred 419Mt at 27.9% Fe 
Exploration Target1
  •  >6km of undrilled strike at 3 prospects
  • Total exploration target 0.7 - 1.0Bt at 25-35% Fe (including JORC resource)
Metallurgy and Products
  •  Coarse primary grind size (P98 of 850µm), low power costs, life of mine average mass yield 37.9%, ~65% Fe concentrate
Project stage
  •   Feasibility and permitting commenced
Rail and Port Access
  •  Access to 5Mtpa secured. Additional 5Mtpa access in progress
























Background



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