The Welgevonden Project includes a steeply dipping PGM bearing vein deposit comprising the historical Transvaal Platinum Mine, as well as surface ore dumps and tailings material from the historical operation.
Limpopo Province, 15km northwest of the town Mookghopong.
Majority held by P & G.
Measured: 6 000 tons at 4g/t 4E
Inferred: 0 000 tons at 2.3g/t 4E
Target: 1 million tons
PROPOSED MINE METHOD:
Surface , opencast, and shallow underground.
MINERAL RIGHT STATUS:
Full Mining Permit been awarded.
ACCESS & INFRASTRUCTURE:
Combined tarred and all-weather dirt road connecting mine site to R577 regional road to Mookghopong, 30km from existing toll treatment plant.
Positive metallurgical processing studies have been completed. Offtake agreement with Sylvania Platinum limited is concluded.