Unique and Powerful Features of
SME holds two exclusive exploration licenses Kanga and Loango covering a total surface area of 760 km2 bordering the sea and 50 km from Pointe-Noire, covering all known locations of onshore ultra-thick seams
An invest opportunity into a truly unique potash deposit in the Republic of Congo, that will support the development of an industry disruptive, Tier 1 project
Basin-wide modelling identified paleo-embayment of thick potash seams over the project area. The thickest sequence of mineable potash seams ever drilled anywhere in the world, contained within a paleo-embayment in a coastal position
Excellent correlation between the completed exploration wells show flat lying, continuous potash seams with sufficient reserve to support production of 2.4M tpa MOP over 30 year Life of Mine and beyond, although smaller and phased project configurations are possible
NI 43-101 compliant Indicated and Inferred Resource in excess of
12Bt carnallite with only 15 km2
(indicated) explored to date and considerable expansion opportunity. In excess of 210 meters of mineable potash contained in 13 mining horizons.
The Project is significantly advanced with PFS completed by top industry consultants Novopro Projects Inc., Ercosplan and WSP in September 2018. Multiple development options of 400K tpa, 800K tpa and 2.4M tpa MOP have been assessed, all returning highly compelling economics due to very competitive cash costs and low capex intensity
A World Class Bauxite Asset, Acquired by Lindian Resources
Lelouma Bauxite is a high value product: Well suited to low temperature refinery , low reactive silica, notable advantage from ”value in use” perspective and low deleterious elements. Lelouma Exploration License is near-time Bauxite production concession with high quality Bauxite deposits in Republic of Guinea.