Summary:
Cataby is a large, chloride ilmenite-rich deposit 150 kilometres north of Perth.
Summary:
The mining method will use a combination of dozer push in the larger pits and truck and excavator in other pits, feeding two in-pit mobile mining units (specialized skid mounted). Ore is then slurried in a separate surface screening plant located out of the pit before being pumped to an onsite and centrally located wet concentration plant.
Summary:
An onsite Wet High Intensity Magnetic Separation (WHIMS) plant will separate the magnetic (ilmenite) and non-magnetic product streams (zircon and rutile), with the mine expected to produce approximately 370 thousand tonnes of chloride ilmenite, 50 thousand tonnes of zircon and 30 thousand tonnes of rutile on average over an eight and a half year mine life.
Production:
| Commodity | Units | Avg. Annual (Projected) |
|
Zircon
|
kt
| 50 |
|
Rutile
|
kt
| ......  |
|
Synthetic rutile
|
kt
| ...... |
All production numbers are expressed as metal in concentrate.
Operational Metrics:
| Metrics | |
|
Annual mining capacity
| ...... |
* According to 2017 study.
- Subscription is required.
Reserves at December 31, 2018:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven
|
5.5 Mt
|
Zircon
|
9 %
|
|
|
Proven
|
5.5 Mt
|
Rutile
|
4 %
|
|
|
Proven
|
5.5 Mt
|
Ilmenite
|
60 %
|
|
|
Proven
|
88 Mt
|
Heavy Minerals
|
6.3 %
|
5.5 Mt
|
|
Probable
|
7 Mt
|
Zircon
|
8 %
|
|
|
Probable
|
7 Mt
|
Rutile
|
4 %
|
|
|
Probable
|
7 Mt
|
Ilmenite
|
61 %
|
|
|
Probable
|
92 Mt
|
Heavy Minerals
|
7.5 %
|
7 Mt
|
|
Proven & Probable
|
12.5 Mt
|
Zircon
|
9 %
|
|
|
Proven & Probable
|
12.5 Mt
|
Rutile
|
4 %
|
|
|
Proven & Probable
|
12.5 Mt
|
Ilmenite
|
60 %
|
|
|
Proven & Probable
|
180 Mt
|
Heavy Minerals
|
6.9 %
|
12.5 Mt
|
|
Measured
|
28.4 Mt
|
Zircon
|
10 %
|
|
|
Measured
|
28.4 Mt
|
Rutile
|
5 %
|
|
|
Measured
|
28.4 Mt
|
Ilmenite
|
58 %
|
|
|
Measured
|
485 Mt
|
Heavy Minerals
|
5.9 %
|
28.4 Mt
|
|
Indicated
|
16.7 Mt
|
Zircon
|
10 %
|
|
|
Indicated
|
16.7 Mt
|
Rutile
|
5 %
|
|
|
Indicated
|
16.7 Mt
|
Ilmenite
|
54 %
|
|
|
Indicated
|
311 Mt
|
Heavy Minerals
|
5.4 %
|
16.7 Mt
|
|
Inferred
|
10.5 Mt
|
Zircon
|
9 %
|
|
|
Inferred
|
10.5 Mt
|
Rutile
|
4 %
|
|
|
Inferred
|
10.5 Mt
|
Ilmenite
|
55 %
|
|
|
Inferred
|
203 Mt
|
Heavy Minerals
|
5.2 %
|
10.5 Mt
|
|
Total Resource
|
55.6 Mt
|
Zircon
|
10 %
|
|
|
Total Resource
|
55.6 Mt
|
Rutile
|
5 %
|
|
|
Total Resource
|
55.6 Mt
|
Ilmenite
|
56 %
|
|
|
Total Resource
|
999 Mt
|
Heavy Minerals
|
5.6 %
|
55.6 Mt
|
Commodity Production Costs:
| | Commodity | Units | Average |
|
Cash costs
|
Heavy Minerals
|
AUD
|
......  *
|
* According to 2017 study / presentation.
- 'Investor' subscription is required.
2017 Study Costs and Valuation Metrics :
| Metrics | Units | LOM Total |
|
Total CapEx
|
$M AUD
|
......
|
|
After-tax NPV @ 10%
|
$M AUD
|
......
|
|
Ater-tax IRR, %
|
|
......
|
|
After-tax payback period, years
|
|
......
|
- 'Investor' subscription is required.
Corporate Filings & Presentations:
| Document | Year |
|
...................................
|
2018
|
|
...................................
|
2018
|
|
...................................
|
2017
|
|
...................................
|
2017
|
- Subscription is required.
News:
Aerial view:
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