Reserves & Resources
The total mine reserve under licence to Kenmare as at 31 December 2010 is approximately 28 million tonnes of ilmenite, 1.9 million tonnes of zircon and 0.59 million tonnes of rutile. The total mine resource under licence to Kenmare at the mine as at 31 December 2010 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
| Zones |
Category |
Million tonnes of ore (sand) |
% THM1 in ore |
% ilmenite in THM |
% ilmenite in ore |
Million tonnes THM |
Million tonnes ilmenite |
Million tonnes rutile |
Million tonnes zircon |
| Reserves |
|
|
|
|
|
|
|
|
|
| Namalope |
Proved Reserve |
200 |
4.7 |
81 |
3.9 |
9.5 |
7.7 |
0.19 |
0.58 |
| Namalope |
Probable Reserve |
280 |
3.7 |
82 |
3.0 |
10 |
8.4 |
0.19 |
0.61 |
| Nataka |
Probable Reserve |
445 |
3.2 |
84 |
2.7 |
14 |
12 |
0.21 |
0.73 |
| Total Reserves |
925 |
3.7 |
82 |
3.0 |
34 |
28 |
0.59 |
1.9 |
|
| Resources |
|
|
|
|
|
|
|
|
|
| Namalope2 |
Indicated Resource |
320 |
3.3 |
81 |
2.6 |
10 |
8.5 |
0.20 |
0.62 |
| Nataka |
Inferred Resource |
5,800 |
2.8 |
82 |
2.3 |
160 |
130 |
2.7 |
8.6 |
| Congolone |
Measured Resource |
167 |
3.3 |
77 |
2.5 |
5.4 |
4.2 |
0.1 |
0.4 |
| Pilivili |
Inferred Resource |
227 |
5.4 |
80 |
4.3 |
12 |
9.8 |
0.3 |
0.8 |
| Mualadi |
Inferred Resource |
327 |
3.2 |
80 |
2.6 |
10 |
8.4 |
0.2 |
0.7 |
| Mpitini |
Inferred Resource |
287 |
3.6 |
80 |
2.9 |
10 |
8.3 |
0.2 |
0.7 |
| Marrua |
Inferred Resource |
54 |
4.1 |
80 |
3.3 |
2.2 |
1.8 |
0.1 |
0.1 |
| Quinga North |
Inferred Resource |
71 |
3.5 |
80 |
2.8 |
2.5 |
2.0 |
0.1 |
0.2 |
| Quinga South |
Inferred Resource |
71 |
3.4 |
80 |
2.7 |
2.4 |
1.9 |
0.1 |
0.2 |
| Total Resources |
7,400 |
2.9 |
82 |
2.4 |
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). The Competent Person for the Namalope Reserves, Nataka Reserve and Nataka Resource is Colin Rothnie (MAusIMM), a full time employee of Kenmare. The Competent Person for the other Resources is Dr. Alastair Brown (FIMMM).
1 THM is total heavy minerals of which the valuable minerals ilmenite (typically 80%), rutile (2%) and zircon (6%) total approximately 88%.
2 Namalope Resource is the mineralised material outside of the current mining plans, but which is potentially economic to mine in future.
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