All new equipment purchased last year19 Mar 2024 10:15
Here was the shopping list, all on site apart from the final sorter which is overdue
6th April
new mobile mining equipment for the Blesberg Lithium Mine forZAR20 million(approxUS$1.2M) throughQ Global Commodities (Q Global") existing relationship with one of its principal equipment suppliers, Bell Equipment Limited.
The new mining equipment comprised a Kobelco SK380XDLC excavator, a JCB 3CXbackhoe loader, two new JCB 456ZX wheel loaders, and two new Bell B25E dump trucks.
Β 1) When do you think that economic assessment will be completed?
β£ As above we know the numbers and is being independently verified so I can release it β believe me that day cannot come soon enough
β£ Again we have invested over the past few months over US$3.5m in new mining and processing equipment
β£ The brand new mining equipment secured last quarter included a JCB 456ZX wheel loader and a JCB JS305 tracked excavator and this was in addition to the Kobelco SK380XDLC excavator, a JCB 3CXΒ backhoe loader, two new JCB 456ZX wheel loaders, and two new Bell B25E articulated dump trucks, that were secured and delivered to the Blesberg mine site in early Q2 2023
β£ Two sensor-based, XRF ore sorting plants (βXRF Ore Sortersβ) were also secured last quarter for total consideration of approx.Β ZAR 40.6 millionΒ (Β£1.7 million)
β£ The XRF Ore Sorters have been purchased as part of the proposed expanded processing facilities that are to be installed at Blesberg and will initially include a new and expanded crushing and screening circuit, a mica removal vacuum screen and the XRF Ore Sorters.
β£
β£ The expanded processing plant is capable of producing up to 5,000 tonnes per month of a +20mm saleable high-grade lithium spodumene product from both the current stockpiled material from the historic mining activities and from the broader development plans of a large scale hard rock open pit mining operation.
β£ The XRF Ore Sorters purchased comprise a Rados SRF100-8 ore sorter with a 30 tonnes per hour (βTPHβ) capacity, which has been acquired from Rados International Technologies (Malta) Limited (βRadosβ) for Β ZAR23MΒ (Β£990,000); and a Tomra COM XRT 1200 ore sorter with a 120 TPH capacity, which has been acquired for ZAR17.6M (Β£750,000) from Q Global Mining (Pty) Ltd, a subsidiary of Q Global Commodities.
2) How much drilling is required to be able to confirm a robust feasibility study on the asset and therefore the economics of the grade? Or are you focusing on a core element of the asset first?
β£ We commenced a ZAR26MΒ (approx.Β US$1.35M) resource drilling exploration and mine planning program at Blesberg last quarter
β£ The Program was aimed at defining a maiden JORC Code 2012 compliant Mineral Resource Estimate solely on the immediate Blesberg pegmatite and which was considered sufficient to support a larger and longer-term hard rock open pit mining operation of +10 years.
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