WELCOME

Tawana Resources NL listed on the ASX (as a primary listing) in April 2001 and on the JSE (as a secondary listing) in November 2005. The Company’s principal and registered office is located in Perth, Australia.

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WELCOME

Mofe Creek; friable itabirite and DSO discovery adjacent to the Liberian coast

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WELCOME

 

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Tawana Resources

Mofe Creek Iron Ore Project, Liberia - Milestones

  • Scoping Study completed
  • Maiden Resource Estimate announced
  • Pre-Feasibility study commenced
  • Mineral Development Agreement being negotiated
  • PFS Drilling Program and Resource Extension Upgrade being finalised
  • Environmental and Social Impact Assessment (ESIA) awarded
  • Discovery of high grade DSO in 2015

Mofe Creek Iron Ore Project, Liberia - Overview

  • Grassroots iron ore discovery within a proven iron ore district in Liberia
  • Recent DSO discovery, averaging 62.8% Fe and up to 66% Fe
  • High-grade, coarse-grained friable itabirite intersected from surface
  • Capacity to generate a premium grade 65% to 68% Fe final product concentrate at 43% to 48% mass yields with very low contaminants
  • Excellent infrastructure options: 20km from coast OR 17km from rail alignment 65km to port OR 85km via sealed road to port – low capital intensity project
  • 95Mt Exploration target of high-grade friable itabirite within a >500Mt Global Exploration target size
  • Maiden Mineral Resource estimate of 61.9Mt at 33% Fe including an Indicated Mineral Resource of 16.2Mt at 35.4% Fe
  • Scoping Study confirming 14-year initial mine life with a production target of 2.5 Mtpa
  • Scoping Study demonstrated potential for a low-capex, low-cost, high-margin operation with a strong Net Present Value (NPV) and Internal Rate of Return (IRR)
capability to generate a premium grade 65% to 68% Fe final product concentrate with a 43% to 48% mass yield Normal 0 false false false EN-AU JA X-NONE
 

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ASX CODE :TAW
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