| Royalty and terms: |
1.55% gross revenue royalty |
| Operator: |
Visit Base Resources for more information |
| Primary Commodity: |
Rutile, Ilmenite, Zircon |
| Location: |
Kenya |
| Reserves and Resources: |
- Proven and probable reserves of 40 Mt at an average heavy mineral (“HM”) grade of 2.7% for 1.1 Mt of contained HM
- Measured, indicated and inferred resources of 205 Mt at an average heavy mineral (“HM”) grade of 1.7% for 3.5 Mt of contained HM, at a 1% HM cut-off grade
|
| Production: |
- FY2022 ended June 30, 2022:
- 74,349 tonnes of rutile
- 325,148 tonnes of ilmenite
- 25,569 tonnes of zircon
- combined 13,280 tonnes of low-grade rutile and zircon products
|
Kenya’s first large-scale mining project
- High grade mine
- Attractive operating margin
Source: Company disclosure and Osisko management estimates.
