Sierra Rutile Investor Presentation
Drilling Continues at Area 1
Activities at Pejebu, Ndendemoia and Mogbwemo Dredge Pond
Sierra Rutile
Drilling and Resource/Reserve estimation continue at Ndendemoia and
Pejebu deposits.
255 holes drilled at Pejebu with a further 80 holes planned.
The findings from Pejebu and earlier drilling at Ndendemoia will
be incorporated into a new Resource Statement to be finalised in
Q3.
Sierra Rutile is investigating draining the Mogbwemo pond and mining
the tailings to supplement the MSP's feed.
Investigations have included plant scale test work, initial resource
drilling, baseline environmental monitoring, and discussions
around the design, manufacture and supply of a modular,
relocatable spiral plant suitable for this material.
Some additional Resources expected to be declared in July 2023
with full Reserve targeted for early 2024.
If investigations are successful, construction of a relocatable
modular spiral plant to treat the Mogbweno tailings could
commence in early 2024, with commissioning a few months later.
Koppa Dam Embankment
Sierra Rutile Investor Presentation | ASX: SRX
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