Portfolio

Labé

Exploration at the Labé Project is on-going with the potential to significantly increase the Company’s bauxite resource base. The Labé Project is situated in the Guinea highlands, approximately 350km north-east of Conakry.

  • Bauxite Exploration Licences granted in September 2010
  • Completed 11,130m auger drilling on 600m and 300m grids, and 252m core drill program in 2011
  • Over 13,000 samples analysed by XRF and c. 20% through bomb digest process
  • Total JORC compliant resource of 2.5Bt at 43% Al2O3; Identified well-defined high-grade areas of 583Mt 50% Al2O3 with low silica content at 3.2% SiO2
  • Engineering Concept Study completed in 2012
  • One year extension of Labe Exploration License was on 4 August 2017
  • Further drilling of high grade areas and PFS to be completed by mid 2018
+ WORK TO DATE
  • Bauxite Exploration Licences granted in September 2010
  • Completed 11,130m auger drilling on 600m and 300m grids, and 252m core drill program in 2011
  • Over 13,000 samples analysed by XRF and c. 20% through bomb digest process
  • Total JORC compliant resource of 2.5Bt at 43% Al2O3; Identified well-defined high-grade areas of 583Mt 50% Al2O3 with low silica content at 3.2% SiO2
  • Engineering Concept Study completed in 2012
  • One year extension of Labe Exploration License was on 4 August 2017
  • Further drilling of high grade areas and PFS to be completed by mid 2018