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Location: 29 km NW from Moriba Town, Sierra Leone
110 Wilkinson RoadFreetownSierra Leone
Stay on top of the latest gold discoveries. Examine the latest updates on drilling outcomes spanning various commodities.
Mining scale, mining and mill throughput capaciites.Full profiles of select mines and projects.
Shaft depth, mining scale, backfill type and mill throughput data.Full profiles of select mines and projects.
Equipment type, model, size and quantity.Full profiles of select mines and projects.
Camp size, mine location and contacts.Full profiles of select mines and projects.
As of 23 September 2024, Leonoil Company Limited acquired over 90% of the shares in Sierra Rutile Holdings Limited at A$0.18 per share and commenced the compulsory acquisition of the remaining shares under the Corporations Act 2001 (Cth).
Sierra Rutile Holdings Limited was removed from the Official List at the close of trading on Thursday, 3 October 2024, under Listing Rule 17.14, following the compulsory acquisition of its remaining securities by Leonoil Company Limited.
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The Sierra Leonean rutile mineralisation is hosted within alluvial and fluvial sedimentary facies of the Bullom Group Sediments. Mineralisation has been derived by the erosion of quartzo-feldspathic gneiss of the Precambrian Kasila group during the Tertiary and redeposited in preincised channel systems and alluvial fans flanking topographically elevated areas of the Kasila Group. The host sediments are typically poorly sorted sandy clay and sandy clays. Rubbly surficial laterite development is prevalent through much of the Bullom Group but does not hinder mining.If the leading edge of the Sembehun group of deposits is considered as a single mineralised entity then the width of the mineralisation is over 5000m. The deposits length varies from about 1000m to over 6000m. The deposits vary significantly in size from a few mt to over 150mt. In general the mineralisation is present from surface.
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