Reserves & Resources
The total mine reserve under licence to Kenmare as at 31 December 2011 is approximately 26 million tonnes of ilmenite, 1.8 million tonnes of zircon and 0.55 million tonnes of rutile. The total resource (excluding reserves) held by Kenmare at the mine at 31 December 2011 is approximately 180 million tonnes of ilmenite, 12 million tonnes of zircon and 4 million tonnes of rutile. Grades are as set out in the Reserve-Resource table below.
Reserve-Resource Table
| Ore Reserves |
Category |
Ore
(Mt) |
%
THM |
% Ilmenite
In THM |
% Ilmenite
In ore |
% Rutile
in ore |
% Zircon
in ore |
THM
(Mt) |
Ilmenite
(Mt) |
Rutile
(Mt) |
Zircon
(Mt) |
| Zone |
|
|
|
|
|
|
|
|
|
|
|
| Namalope |
Proved |
250 |
4.4 |
82 |
3.6 |
0.085 |
0.26 |
11 |
9.0 |
0.21 |
0.66 |
| Namalope |
Probable |
174 |
3.8 |
82 |
3.1 |
0.074 |
0.23 |
6.6 |
5.4 |
0.13 |
0.40 |
| Nataka |
Probable |
445 |
3.2 |
83 |
2.7 |
0.047 |
0.16 |
14 |
12 |
0.21 |
0.73 |
| Total Reserves |
869 |
3.7 |
83 |
3.0 |
0.063 |
0.21 |
32 |
26 |
0.55 |
1.8 |
|
| Mineral Resources |
Category |
Sand
(Mt) |
%
THM |
% Ilmenite
In THM |
% Ilmenite
In sand |
% Rutile
In sand |
% Zircon
In sand |
THM
(Mt) |
Ilmenite
(Mt) |
Rutile
(Mt) |
Zircon
(Mt) |
| Zone |
|
|
|
|
|
|
|
|
|
|
|
| Congolone |
Measured |
167 |
3.3 |
77 |
2.5 |
0.060 |
0.24 |
5.4 |
4.2 |
0.1 |
0.4 |
| Namalope |
Indicated |
350 |
3.1 |
81 |
2.5 |
0.060 |
0.18 |
11 |
8.7 |
0.21 |
0.6 |
| Pivilli |
Inferred |
227 |
5.4 |
80 |
4.3 |
0.13 |
0.35 |
12 |
9.8 |
0.3 |
0.8 |
| Mualadi |
Inferred |
327 |
3.2 |
80 |
2.6 |
0.061 |
0.21 |
10 |
8.4 |
0.2 |
0.7 |
| Nataka |
Inferred |
5,800 |
2.8 |
82 |
2.3 |
0.047 |
0.15 |
160 |
130 |
2.7 |
8.6 |
| Mpitini |
Inferred |
287 |
3.6 |
80 |
2.9 |
0.070 |
0.24 |
10 |
8.3 |
0.2 |
0.7 |
| Marrua |
Inferred |
54 |
4.1 |
80 |
3.3 |
0.18 |
0.19 |
2.2 |
1.8 |
0.1 |
0.1 |
| Quinga North |
Inferred |
71 |
3.5 |
80 |
2.8 |
0.14 |
0.28 |
2.5 |
2.0 |
0.1 |
0.2 |
| Quinga South |
Inferred |
71 |
3.4 |
80 |
2.7 |
0.14 |
0.28 |
2.4 |
1.9 |
0.1 |
0.2 |
| Total Resources |
7,400 |
2.9 |
82 |
2.4 |
0.055 |
0.17 |
220 |
180 |
4.0 |
12 |
Notes:
Resources are exclusive of Reserves.
The data is in accordance with the JORC Code (2004) (Australasian Code for Reporting Ore Reserves and Mineral Resources). Resources are additional to Reserves. The competent person for the Namalope and Nataka reserves and resources is Colin Rothnie (MAusIMM), a full time employee of Kenmare. The competent person for the other resources is Dr. Alastair Brown (FIMMM). THM is total heavy minerals of which ilmenite (typically 82 per cent.), rutile (typically 2 per cent.) and zircon (typically 6 per cent.) total approximately 90 per cent. Tonnes and grades have been rounded and hence small differences may appear in totals. Mt represents million tonnes.
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