Sylvania Platinum

Exploration assets

The Group owns various mineral asset development projects on the Northern Limb of the Bushveld Complex located in South Africa, for which it has approved mining rights. Significant progress has been made towards unlocking future mineral potential on these projects to generate value for shareholders.

Volspruit

  • Volspruit, located at the Southern end of the Northern Limb of the Bushveld Complex, is a shallow PGE-Ni-Cu deposit.
  • Updated Scoping Study undertaken to assess the economic viability of the Project based on the updated mineral resource statement that was published during February 2024
  • Significant increase in Project pre-tax NPV to $69.0 million for a 14-year LOM, compared to $27.3 million NPV (2022 Scoping Study)

Volspruit North Mineral Resource Estimate (11.6 MB)
Volspruit South Mineral Resource Estimate (7.51 MB)

Volspruit project information

Far Northern Limb

  • The Far Northern Limb Projects include two contiguous PGE-Ni-Cu projects, Aurora and Hacra, located at the extreme northern end of the Northern Limb of the Bushveld Igneous Complex
  • A geophysical survey and metallurgical testwork campaign are underway for the Aurora project. Future drilling programmes will be defined based on the outcomes of this work
  • The declaration of an Exploration Target on the Hacra Project during Aug ’24 provides sufficient information for the Company to now evaluate various disposal options

Northern Limb Projects Exploration Resource Statement (24.6MB)

Map [icon]

FEATURED

Announcement

02 December 2024

Download

25 November 2024

Presentation

10 September 2024