お知らせ • Oct 14
Keras Resources plc Provides Update on Progress At the Diamond Creek High-Grade Direct Shipping Ore, in Utah, Usa and the Nayéga Manganese Mine in Togo, West Africa
Keras Resources plc announced an update on progress at the Diamond Creek high-grade direct shipping ore ('DSO'), organic phosphate mine in Utah, USA ('Diamond Creek') and the Nayéga Manganese mine in Togo, West Africa ('Nayéga'). Diamond Creek Phosphate Project: Diamond Creek is a fully permitted, high grade DSO, low capex organic phosphate mine. The mine achieved first commercial production in late July 2020 and the first beneficiated -10 mesh organic product, part of a 770-ton order, was dispatched in early September. The 2020 mining campaign has now been completed with a total of 7,620 ROM tons now extracted from the Diamond Creek mine. As of 09 October, 2,487 tons of ROM have been toll-processed with total sales to date of 1,012 tons averaging $260/t. This represents 20% of the forecast sales for Year 1, which the Board believe to be highly encouraging based on the first two months of production. As previously reported, the Company decided to increase Year 1 of the phased ROM production by 50% from 5,000 tons to 7,500 tons to ensure sufficient material over the winter while maintaining the Year 5 target of 48,000 tons of commercial production. The increase in planned production does not change the terms of the agreement announced on 30 July 2020. Current beneficiation is being undertaken through a toll-treating agreement at a plant located in Fillmore, Utah, approximately 150kms south west of Spanish Fork. A new plant, to be owned and operated by Falcon Isle, which has the capacity to process the five-year 48,000-ton production target, is anticipated to be shipped from Shanghai in November 2020. This is expected to be commissioned in First Quarter 2021 and will increase both the available capacity and flexibility to produce different sized beneficiated material. Nayéga Manganese Project: The Company continues to make progress at the Nayéga manganese project in northern Togo, West Africa. During September 2020, management had a successful trip to Togo where they met high level government officials and various service providers; another trip is planned in early November 2020. Additionally, they visited the Nayéga site to dry-test the 6,500 tonne per month bulk sample processing plant and associated water reticulation system, which underpinned the project's production-ready status. Additionally, the Company recommenced activities on 7 September 2020 at Nayéga, focussing on exploration at the Ogaro prospect, which is located 5km east-southeast of the main Nayéga deposit and 4km south of the previously explored T27 deposit. 25 of the planned 50 pits are complete with the remaining 25 pits on track to be completed by the end of October 2020; channel samples will be submitted thereafter to Intertek Laboratory in Accra, Ghana, to determine grade and particle size distribution per geological horizon. Previous test-pitting in the area to test the core area of mineralisation have returned positive results, with best intercepts including 1.76m at 18.6% Mn from 0m, 2.05m at 15.8% Mn from 0m and 2.00m at 16.2% Mn from 0m.