Sierra Rutile 2023 Half Year Results Presentation
Unlocking Value With Sembehun Development
Sierra Rutile
Attractive development pathway, home to one of the largest and highest grade natural rutile deposits in the world
Sembehun
Location & Size
A
Aimed at extending Sierra Rutile's mine life by at least 13 years AND materially
reducing operating costs.
Increased throughput and by-product streams whilst leveraging existing Area 1
processing and export infrastructure, only 30 km away.
In the period $5.7 million spent advancing the DFS, targeted to complete at the end
of 2023.
Customer sample testing validates product quality.
2022 PFS demonstrated 24% IRR (real post tax) based on $337m capex.
Market testing for debt facility commenced.
Sierra Rutile 2023 Half Year Results Presentation | ASX: SRX
950000
000006
850000
700000
FREETOWN
750000
800000
ML2134
Sembehun Area Deposits
ML2134
ML2134
Mine Area 1 Deposits
HM Resources
SR Mining Lease ML 2134
244453v02
850000
FREE TOWN
MAR EXTENT
FREETOWN
AFRICA
ML2134
N
0
20
1km
WGS 1984 UTM Zone 28N
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