Home > Dordabis Project

Dunes Lodestone Nambia Dordabis Project

The Dordabis Project

The Dordabis project will be an open pit mining operation using a conventional gravity and magnetic separation processing route to produce up to 2.0 million tons per year of high grade iron ore concentrates (66% Fe) for 16 years and at its full potential ramp up to 4.0 million tons per year for a further 20-30 years.

The Dordabis Project

Resources

Summarised Mineral Resources (2013 – Assay Block Model)

Minable Reserves & Metallurgy

Minable Reserves shown as final concentrate as of November 2022 at a Cut-off Grade of 20% Fe

The Dordabis Project is located 70km by road from the Hosea Kutako International Airport and all of its maintenance, mining contractor & personnel needs are well established within the capital city of Windhoek, also 70km by road from the project. All major equipment support has a 24 hour turn around time from Johannesburg in RSA via road or air.

Exploration upside Potential

A further 435 million tons (MT) of mineralisation potential on the immediate exploration property (mining license is contained in this property) has been identified by MINROM. This could bring the total mineralised tons to 522MT.

Notes:

1. Reported at 0% Fe cut off grade as a total mineralization base.

2. Magnetite and Hematite tonnages are given as a resource estimation. Satmagan values are however declared within their respective resource classifications.

3. Total resource base elements and magnetite content is a weighted average of the combined mineralization zones.

Lodestone Nambia Dordabis Project

Namibian Office

Lodestone Namibia (Pty) Ltd 1st Floor, 37 on Schanzen Street, Windhoek, Namibia

Paula-Marie Gurirab
+264 61 218079