Keras finds additional mineralisation at Nayega manganese project

19 September 2018 (Last Updated September 19th, 2018 11:15)

Metals development company Keras Resources has discovered an additional 8ha of outcropping mineralisation at Nayega manganese project in northern Togo.

Keras finds additional mineralisation at Nayega manganese project
Manganese. Credit: Tomihahndorf.

Metals development company Keras Resources has discovered an additional 8ha of outcropping mineralisation at Nayega manganese project in northern Togo.

Recently, the company began a 10,000t bulk sampling metallurgical testwork programme.

“The discovery increases our expectations for what we believe will become a new low capex, low operating cost manganese producer.”

As part of the programme, an unnamed manganese-based alloys producer will process the beneficiated ore to assess the suitability of the ore in its manganese smelting facilities.

The feasibility stage Nayega project contains a current Joint Ore Reserves Committee (JORC) 2012 Code mineral resource of 13.97Mt at 12.4% manganese.

The additional mineralisation was found in an area 400m east-west x 200m north-south, named the Ogaro prospect.

The company has named the discovery the Ogaro prospect, which could improve the prospects of the Nayega project.

Keras Resources CEO Russell Lamming said: “The identification of a significant new area of outcropping mineralisation at Nayega further lays the foundation and increases our expectations for what we believe will become a new low capex, low operating cost manganese producer.

“We have been very active in the area since approval from the Togolese Ministry of Mines was granted for the 10,000t bulk sampling testwork programme and we are looking to increase the current 14Mt JORC resource.

“We have now employed a team from the local community which has, to date, been involved in the preparation of the bulk sample site and will now move over to the Ogaro area to commence a pitting exercise.”

The company has reported positive results in samples taken from pits excavated to test the core area of mineralisation at the Ogaro prospect.

Highlights include intercepts of 1.76m at 18.6% Mn, 2.05m at 15.8% Mn, and 2m at 16.2% Mn.

Keras expects that there is potential to further increase the total resource inventory of the Nayega JORC resource.

The company owns an 85% stake in Société Générale des Mines (SGM), which is a holder of the exploration permits for the Nayega project.

The project comprises four permits, namely Pana, Tandjoaré, Naki-Est and Borgou.