Tawana Resources confirms 68% iron product at Mofe Creek

THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has received encouraging results from metallurgical testwork conducted on RC drilling samples from the company’s 100 per cent-owned Mofe Creek iron ore project in Liberia, West Africa.

The company said the work demonstrated, with a coarse crush to one millimetre, it is possible for Tawana to generate plus-63 per cent to 68 per cent iron product grades at 58 per cent to 68 per cent mass recovery with low contaminants.

This could potentially result in premium quality products being produced from the project’s Gofolo Main and Koehnko deposits.

“Results are extremely encouraging given the exceptionally high grade iron product produced and the superior mass recoveries achieved,” Tawana Resources managing director Len Kolff said in the company’s announcement to the Australian Securities Exchange.

“With no fine grinding required, the potential exists for a very simplistic gravity beneficiation circuit to generate a premium quality product at potentially very low capital intensity.

“The coarse grained, hematitic and friable characteristics of the mineralisation provide very favourable properties for iron upgrade, as demonstrated by the results of the testwork.”

Tawana said the results have confirmed the potential at Mofe Creek for the design and development of a low capital intensity process plant with simple gravity beneficiation equipment.

The company explained it has made visual drill core observations at the Zaway prospect which have suggested it contains similar material to the Gofolo Main deposit and therefore should upgrade and beneficiate in a similar manner.

 

Typical high-grade itabirite outcrop material at Gafolo Main
(left) and Koehnko (right), and recent drill core at Zaway prospect all
showing similar textures and grain size. Source: Company announcement

 

“Initial RC and diamond drill core observations at Zaway suggest a similar material type and lithology to Gofolo Main and Koehnko,” Kolff said.

“This provides additional confidence for further resource extensions and a potential simple early start-up process design capable of generating a premium grade iron product.”

 

Email: admin@tawana.com.au

Website: www.tawana.com.au