Mineral Asset Development and Opencast Mining Projects
The Company has continued to upgrade the value of its mineral asset development activities in order to defend title. However, until market conditions improve, further expenditure on these projects will be minimal.
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- AVolspruit and BGrasvally are shallow mining and exploration projects on the northern limb
- CThe Northern Limb Projects include four “hot spot” platinum group metal (PGM) exploration targets in close proximity to each other at the extreme north of the northern limb of the Bushveld Igneous Complex.
- DEverest North is located on the eastern limb
| Location |
Limpopo Province, 80km north-west of Polokwane |
| Ownership |
Majority held by Sylvania Platinum |
| Mining right status |
Holder of mining rights |
| Access |
Roads connect prospecting sites to N11 national and R35 regional highways |
| Location |
Northern Limb of the Bushveld Complex (BC) in the Limpopo Province of South Africa, approximately 270 km north east of Johannesburg and approximately 15 km south of the town of Mokopane. |
| Access |
Easy access from the N1, R101 or N11 |
| Infrastructure |
Greenfields with exploration and storage infrastructure located on the property. Power supply by Eskom has been applied for. |
| Mining right status |
Mining Right granted in 2017 for 30 years. Awaiting outcome of appeals regarding Environmental Authorisation. |
| Resources |
PGM ounces: 1.13MOz Measured, 1.26 MOz Indicated, 0.70Moz Inferred
Cu pounds: 25.14 Mlb measured, 30.15 Mlb Indicated, 18.89 Mlb Indicated
Ni pounds: 86.43 Mlb measured, 112.23 Mlb Indicated, 73.4 Mlb Inferred
|
| Mining Method |
Two opencast pits |
| Location |
Northern Limb of the Bushveld Complex (BC) in the Limpopo Province of South Africa, approximately 270 km north east of Johannesburg and approximately 15 km south of the town of Mokopane. |
| Access |
Easy access from the N1, R101 or N11 |
| Infrastructure |
Brownfields underground chrome mine that operated for ~30 years, which was suspended in 1988. Water use license in place. Substation on site. Road and rail network runs adjacent to property. |
| Mining right status |
Mining right granted in 2018 for 30 years. |
| Resources |
Indicated: 305 143 t @ 26.82% Cr2O3 average
Inferred: 6 063 867 t @ 28.47% Cr2O3 average
|
| Mining Method |
Opencast and underground (3 declines and predevelopment in place) |
| Note: This project is currently marketed for sale |
| Location |
The HACRA Project and adjacent PPD Project are both located within the northern portion of the Northern Limb of the BIC in the Capricorn District municipality in Limpopo Province, South Africa. The town of Mokopane lies approximately 90 km to the south. |
| Access |
The property is accessed from poorly maintained provincial gravel roads leading
off of the N11 from Mokopane to the Groblersbrug border post between South-Africa and Botswana. The property is relatively flat lying, at an average elevation of 980 m.a.s.l. Access on the site is via numerous farm sand tracks. |
| Infrastructure |
Power and water required to support a mining operation will be sourced from Polokwane, with other services and supplies also obtained from this town in the Limpopo province. Other than the provincial gravel roads, there is no infrastructure available on site. |
| Mining right status |
HACRA Mining Right was granted in 2015 for 30 years. PPD (Aurora) Mining Right was granted in 2017 for 30 years. |
| Resources |
PPD: 30.089 MOz PGE inferred @ nil cut-off, 12.203 MOz PGE Inferred @ 1g/t cut-off
HACRA: 1.021 MOz PGE @ nil cut-off, 0.006 MOz PGE Inferred @ 1g/t cut-off |
| Mining Method |
Numerous opencast pits on strike |
| Note: The Upper Northern Limb Projects include four “hot spot” PGM exploration targets in close proximity to one-another. |
| Exploration project impaired during FY2013 |
![Annual Report FY2021[icon]](/images/sylvania/thumb-arfy2021.png)