Mineral Commodities Ltd is pleased to announce the Munglinup Graphite Project has been classified by the Australian Government as a Critical Mineral Project and included in the Australian Critical Minerals Prospectus 2020. The Australian Critical Minerals Prospectus and Critical Mineral Projects in Australia publications were first published by Australian Trade & Investment Commission in early 2019 and have been effective tools in helping to promote Australian Critical Mineral Projects to an international audience. In January 2020, the Australian Government established a Critical Minerals Facilitation Office to identify strategic critical mineral projects, facilitate investment locally and internationally, and secure the new investment and commitments to the future products (strategic offtake agreements).
MRC’s anode strategy targets production of low CO2 emission, environmentally friendly, active anode material without using highly toxic hydrofluoric acid. The Pre-Feasibility Study takes a modular approach to AAMP production of purified graphite and fines, commencing with a single module to process Skaland concentrate in the first stage, before expansion through two additional modules to process Munglinup concentrate.
Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd, are pleased to announce that mining has commenced at the Western Strandline, adjacent to their existing Tormin mining operations in the Western Cape province of South Africa.
High-grade resource of 106 million tonnes at 12.4% Total Heavy Minerals (“THM”)1, containing 13 million tonnes in situ Heavy Mineral at Western Strandline. 8 million tonnes at 20.9% THM located within the expanded Mining Right area of the Western Strandline (22% of the total estimated resource) immediately available for mining. Over 85% of the Mineral Resource in the expanded Mining Right area is classified as Measured and Indicated. Mineralisation is continuous and open along strike. 10,000m step out and infill drilling program to continue at Western and Eastern Strandlines.
Mineral Commodities Ltd is pleased to announce that through its 90% owned subsidiary, Skaland Graphite AS, it has entered into a landowner agreement to explore the south of Bukken Graphite Prospect, on the island of Senja, Norway. The tenement is located approximately 20km east of MRC’s existing Skaland Graphite Operation. The agreement will provide MRC with exclusive exploration rights for 10 years.
Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd), are pleased to provide the latest update on drilling from the newly granted Section 102 Amended Mining Right WC 30/5/1/2/2/10108MR and Prospecting Right WC 30/5/1/1/2/10262PR, owned by the Company’s subsidiary, Mineral Sands Resources (Pty) Ltd. The first phase of drilling at the Western Strandline has been completed with a total of 6,917 metres drilled, consisting of 311 holes for 5,995m. The drilling program targeted resource definition at the newly granted expanded Mining Rights area and northern and southern extensions of the Inland Strand, adjacent to the Tormin mining operations in the Western Cape province of South Africa.