Coburn is a world-scale mineral sands deposit, containing a rich zircon-titanium HM assemblage, with 20Mt of in-situ HM, low slimes, low oversize and strong geological continuity across and along strike.
-Coburn’s Amy deposit was discovered in 2000 after prospectors identified that the ancient coastline at Coburn was an ideal trap-site for heavy mineral sands with its characteristic hook shape
-Mineralisation consists of an accumulation of mainly aeolian sands deposited over a Cretaceous basement of clays, clayey sands and limestone
-A total of 3 dune sequences containing heavy mineral are recognised across the project area
-The Amy South mineralisation has a strike length of approximately 27 km, a width up to 3 km and a maximum thickness of approximately 50 metres. Amy North adds a further 6km in strike length
-IHC Robbins issued (November-2018) JORC compliant Global Mineral Resource estimate of 1.6Bt HM at 1.2% THM (cut-off grade of 0.8%)
-Measured-Indicated resources of 726Mt at 1.3% THM contained in the Amy South deposit (doesn’t include Amy North) have been evaluated as part of the DFS and updated Ore Reserve
-Amy South deposit comprises an exceptionally rich heavy mineral assemblage of 22% zircon, 12% rutile-leucoxene and 48% lmenite
-Indicated-Inferred resources extending north and along strike of the Ore Reserve, totals 709Mt at 1.2% THM which have been evaluated in the Mine Li ........
