Page 23 - Sundance Resources Ltd Annual Report 2013

SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013 21
Figure 4: Nabeba High-Grade Hematite and Itabirite Hematite Resources
Figure 4 illustrates the respective geological
positions of the two main types of Resources that
make up the Mbalam-Nabeba Iron Ore Project.
Importantly, the near-surface High-Grade Hematite
Resources lead straight into the underlying Itabirite
Hematite Resources.
All Iron Ore Resources and Reserves mentioned in
this report have been compiled in accordance with the
2004 edition of the JORC Code. The revised JORC
Code (2012 edition) comes into effect for ASX-listed
Companies on 1 December 2013.
High Grade Hematite Resources
The Mbalam-Nabeba Iron Ore Project is made up of
a combination of Mineral Resources from six proximal
deposits within the Mbarga (Cameroon) and Nabeba
(Congo) areas. The two localities are only 40km apart
and are central within the large geological province
of the Congo Craton which hosts numerous other
undeveloped iron ore projects. Development of the
Sundance High-Grade Hematite Resources and
associated infrastructure is therefore instrumental to
unlocking the potential of this new Iron Ore Province.
The Project High-Grade Hematite Resources remain
unchanged from the 2012 Annual Report and currently
stand at 775.4Mt grading 57.2% Fe.
High Grade Hematite Resources Tonnes
(Mt)
Fe
(%)
SiO2
(%)
AI2O3
(%)
P
(%)
LOI
(%)
Project high-grade hematite resources
Indicated 748.0 57.2 9.2 4.4 0.098 3.8
Inferred 27.4 57.4 15.1 3.0 0.090 1.5
Total High-Grade Hematite Resource 775.4 57.2 9.4 4.3 0.098 3.8