South Australia - SA Explorers
South Australia - SA Explorers
South Australia - SA Explorers
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Jacinth / Ambrosia – Heavy Mineral Sands<br />
Iluka Resources<br />
Heavy Mineral Sands Jacinth/Ambrosia<br />
• Jacinth/Ambrosia – Total resource ~9.2 Mt, average HM grade 4.3%, average zircon<br />
content 48%, over 4.4 Mt zircon<br />
• Definitive feasibility study due for completion mid 2008<br />
• Subject to approvals, indicative timeframe for production is mid 2010<br />
• Additional resource - Tripitaka<br />
- straddles ELs - Iluka(100%) and Colona JV (Iluka and Adelaide Resources)<br />
- 1 Mt HM grade 2.4% average zircon assemblage 65%, ~650 000t zircon<br />
- pre-feasibility study commenced<br />
• In principal Native Title agreement that will deliver employment, training and<br />
business development benefits for the Aboriginal community together with programs<br />
to protect Aboriginal heritage<br />
• Other rich prospects in the region include Typhoon and Gullivers<br />
September 2007
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