Page 22 - Sundance Resources 2014 Annual Report

20 SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2014
The Itabirite Exploration Target of 9.2 – 13.2 Billion Tonnes is derived from multiple deposits and prospects within the Project’s
current tenement holdings.
Itabirite Exploration Target Size
Location Range Mt Comments
Mbarga Deposit 250-300
Metzimevin Deposit 750-1250
Mbarga South Deposit 900-1100
Meridional Prospect 800-1000
Mbarga Southwest Prospect 750-1250
Cabosse Hills Prospect * 800-1000 *This ridge straddles the border
Njweng Prospect 750-1200
Sub-Total Itabirite Target; Cameroon Permit 5.00-7.10 BT
Nabeba Deposit 250-300
Nabeba NW Deposit 150-250
Nabeba South Deposit 250-300
Mt Letioukbala Prospect 800-1000
Elogo Prospect 750-1250
Cabosse Hills Prospect* 400-500 *This ridge straddles the border
Bidoumou Hills Prospect 450-650
Other Unnamed Itabirite Prospects 1200-1800 Hills immediately adjacent to Nabeba
Sub-Total Itabirite Target; Congo Permits 4.25-6.05 BT
Total Itabirite Exploration Target 9.25-13.15 BT Grading 30-40% Fe
Exploration Targets must not be misconstrued as an estimate of Mineral Resources. The potential quantity and grade is conceptual
in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain whether further exploration will result
in the determination of a Mineral Resource.
The current High Grade Hematite Exploration Target ranges were first announced to the ASX on 20 June 2012 and Itabirite
Exploration Targets shortly thereafter on 26 October 2012.