Modern Mining August 2018

MINING News

Airborne EM survey underway at Opuwo 19 July, approximately 650 line km out of a planned 6 090 line km had been com- pleted on the Celsius licences.

Walvis Bay. It consists of four Exclusive Prospecting Licences (EPLs) covering approximately 1 470 km 2 . A maiden JORC-compliant indi- cated and inferred mineral resource was announced in April this year comprising 112,4 Mt grading 0,11 % cobalt, 0,41 % copper and 0,43 % zinc at a cut-off grade of 0,06 % cobalt. Earlier this year Celsius announced that Edward Legg had been appointed as Project Development Manager. He has 20 years’ experience, developing and manag- ing mining projects in Southern Africa. He was the Operations Director of Metorex up to 2008 where he oversaw the expansion of operations in Zambia and developed the Ruashi copper/cobalt mine in the DRC. More recently, Celsius has announced that Pine vanWyk, a non-executive Director of the company, has been appointed to the role of Project Director for the project on a part-time basis. A metallurgist by profes- sion, he joined Gecko Namibia in 2008 as Director Projects and in 2014 becameMD of the Gecko Namibia group of companies. 

Celsius Resources, an ASX-listed com- pany, reports that an airborne survey has commenced at its Opuwo cobalt project in Namibia. The helicopter-borne elec- tromagnetic and magnetic geophysical survey is being undertaken by SkyTEM Survey ApS over three key licences that comprise the Opuwo project. The objectives of the survey are: to assist in geological mapping of near-surface conductive sedimentary horizons, which is expected to include the Dolomite Ore Formation (DOF); to delineate discrete conductive zones along the sedimentary horizons; and to detect deeper discrete conductive bodies that may be related to deeper stockwork or semi-massive/massive sulphide miner- alisation in feeder zones. The survey has commenced on the neighbouring project held by Namibia Critical Metals and is flying parts of the Celsius project area during this time to maximise operational efficiency. As of

Celsius has agreed to share data with Namibia Critical Metals to allow an inte- grated regional interpretation of the results to be undertaken. Final interpreted results and data products are expected from the survey in September/October 2018. Celsius MD Brendan Borg commented: “The commencement of the airborne EM survey is an exciting milestone for explora- tion in the Opuwo region, which will assist in understanding the potential still to be uncovered at the project. This is the first time a geophysical survey of this nature has been conducted in the region, and we look forward to further investigating tar- gets that may be generated as the survey progresses.” The Opuwo project is located in north- western Namibia, approximately 800 km by road from the capital, Windhoek, and approximately 750 km from the port at

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