| Royalty and terms: | 1.5% gross revenue royalty |
| Operator: | Base Resources Visit Base Resources for more info |
| Primary Commodity: | Titanium |
| Location: | Kenya |
| Reserves and Resources1: | Proven and probable reserve of 91.3Mt at an average heavy mineral (“HM”) grade of 4.3%
Measured and indicated resources of 147.3Mt at an average heavy mineral (“HM”) grade of 3.5% and 25% slimes containing 5.15Mt heavy mineral (“HM”), based on a 1% HM cut-off grade. (“HM”) heavy mineral |
| Status: | Production |
| Production: | 1.6k GEOs in full year 2017 2017 production guidance of 88-95k tonnes Rutile, 450-480k tonnes Illmenite and 36-40k tonnes Zircon |
Kenya’s first large-scale mining project
- Kenya’s first large-scale mining project
- High grade mine with attractive operating margin
Source: Company disclosure and Osisko management estimates
(1) Inclusive of reserves
(1) Inclusive of reserves