Eastplats reports mineral resource estimate for Zandfontein TSF

11th August 2017 By: Creamer Media Reporter

JOHANNESBURG (miningweekly.com) – SRK Consulting has recommended that a prefeasibility or feasibility study be undertaken to determine if the mineral resource at the Zandfontein upper group two tailings storage facility (TSF) at Eastern Platinum’s (Eastplats’) Crocodile River Mine (CRM) can be mined economically in the current market environment.

SRK completed a mineral resource estimate for the TSF, which includes a total measured and indicated mineral resource of about 13.68-million tons, containing 535 520 oz of platinum, palladium and rhodium at an average grade of 1.218 g/t, 3 404 oz of gold at an average grade of 0.008 g/t and 2.83-million tons of chromium oxide at an average grade of 20.72%.

The resource estimate for the TSF has a high level of confidence, with 91.3% of the estimate falling into the measured category and 8.7% in the indicated category.

Eastplats on Friday said it was investigating various areas of the tailings project at CRM and has advanced work in preparing a feasibility study.