Claims Holdings
The project is covered by 4 base metal blocks and a Special Grant covering a total area of 207 hectares.
Current Chrome Project Status
The project is at the production stage. A complete chrome washing plant was installed.
The Chrome Product or Resource
The current in-situ resource of more than 5.7 million tonnes at 1.08 g/t gold equates to 132,327 ounces of gold giving a current in-situ value of US$212million at US$1600/ounce. The above resources have only been estimated to a vertical depth of 100m. Only the east west trending reefs were included in the resource estimation. If the north south trending reefs are included in the resource estimation, the resources can easily triple in quantity and value.
