Sembehun Project Feasibility and Market Dynamics
850000
Area 1 - Mine Life Extension Program (cont.)
Sierra Rutile Limited
While the mine life extension work program underway is focussed on the Pejebu and Ndendemoia deposits, Area 1 holds Mineral Resources across a
number of deposits that will be investigated for conversion to Ore Reserves over time.
Area 1 Deposits
245478v01
ML 2134
800000
TANINAHUN
6.8Mt @ 1.0% rutile
2.5Mt @ 1.4% rutile
MOGBWEMO
0.7Mt @ 1.0% rutile
ML 2134
GANGAMA
34.5 Mt @ 1.4% rutile
11.8Mt @ 1.4% rutile
GBENI
27.8Mt @ 1.1% rutile
19.0Mt @ 1.3% rutile
HM Resources
HM Reserves
Previous Mining
SRL Mining Lease ML2134
LANTI
46.5Mt @ 1.1% rutile
4.9Mt @ 1.8% rutile
800000
Freetown
NDENDEMOIA
18.3Mt @ 1.0% rutile
PEJEBU
23.4Mt @ 1.0% rutile
Area 1 - Current Reserve by Deposit¹
Deposit
Gangama (inc ROM)
Material Tonnes (Mt) In Situ Rutile (%)
11.8
In Situ Rutile (Mt)
1.4
0.17
Gbeni North
19.0
1.3
0.25
Lanti
4.9
1.8
0.09
Taninahun
2.5
1.4
0.04
TOTAL
38.2
1.4
0.54
Area 1 - Target Resources in Mine Life Extension Program¹
Deposit
Material Tonnes (Mt) In Situ Rutile (%)
In Situ Rutile (Mt)
Pejebu
MOSAVI
47.4Mt @0.7% rutile
850000
Indicated
18.6
1.0
0.18
Inferred
4.8
1.0
0.05
ML 2134
Ndendemoia East
0
1km
WGS 1984 UTM Zone 28N
Indicated
14.3
1.1
0.16
Ndendemoia West
Indicated
4.0
0.6
0.03
TOTAL
41.7
1.0
0.40
14
Note: (1) Ore Reserve and Mineral Resource estimate as at 31 December 2021. Please see Appendices F and G for more information.View entire presentation