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Exciting New Iron Ore Projects. Cascades Project Area. Motjoli Resources. Mkhombi Mining. Aquila Steel. Stratigraphic Setting. THE CASCADES IRON ORE PROJECT Mpumalanga Province South Africa. SATELITE IMAGE. 14.5km. Mixed land-use: forestry and grassland. TENEMENTS/ PROSPECTING RIGHTS.

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exciting new iron ore projects
Exciting New Iron Ore Projects

Cascades Project Area

Motjoli Resources

MkhombiMining

AquilaSteel

Stratigraphic Setting

satelite image
SATELITE IMAGE

14.5km

Mixed land-use: forestry and grassland

tenements prospecting rights
TENEMENTS/ PROSPECTING RIGHTS

PROSPECTING RIGHTS

GRANTED

local geology
LOCAL GEOLOGY

Drillholes

exploration history
EXPLORATION HISTORY
  • Exploration by ISCOR in the 1980s
  • Two magnetite layers defined
    • Upper Layer 10-20m thick
    • Lower Layer 20-25m thick
  • Recoverable Reserves estimated by ISCOR are 450Mt @ 31.8% Fe (non SAMREC compliant)
  • Milling to -20 microns
  • Beneficiation to produce +67.3% Fe concentrate at yields of 37.5%
potential resource blocks
POTENTIAL RESOURCE BLOCKS

Block 6

Block 5

Block 4

Block 1

Block 3

Block 2

mkhombi exploration programme
MKHOMBI EXPLORATION PROGRAMME
  • Review Previous Work
  • Validate Mineral Resources Estimates
  • 10 000m drilling programme
  • Logging, sampling & analytical works
  • Metallurgical testwork
  • Establish SAMREC compliant mineral resource
  • Target 400Mt indicated resource and 350Mt inferred resource to a depth of 200m
  • Conceptual Economic Study