Page 28 - Sundance Resources Ltd Annual Report 2013

Exploration Targets
Sundance geologists have continued geological
mapping and sampling excursions in both Cameroon
and Congo in conjunction with drilling and other
ongoing project programmes. Due to the extreme
terrain and thick forest conditions, the geologists
utilise remote sensing data with selected field work
programmes to best evaluate the potential for both
High-Grade Hematite and Itabirite Hematite Resource
Exploration Target tonnage and iron grade ranges.
Evaluation of results from mapping programmes
has enabled definition of an Exploration Target of
an additional 90 - 150Mt grading 55-65% Fe2 of
High-Grade Hematite potential at six deposits and
prospects within the Mbalam-Nabeba Project’s
current tenement holdings.
2 It must be noted that this range is an Exploration Target only,
and not to be misconstrued as an estimate of Mineral Resources.
The potential quantity and grade is conceptual in nature, there has
been insufficient exploration to define a mineral resource, and it is
uncertain whether further exploration will result in the determination
of a mineral resource.
DSO Exploration Target Size Location Range Mt
Metzimevin Deposit 5-10 EP92 Cameroon
Mbarga South Deposit 10-20 EP92 Cameroon
Meridional Prospect 5-10 EP92 Cameroon
Mbarga Southwest Prospect 5-10 EP92 Cameroon
Cabosse South Prospect 15-25 Nabeba Permit, Congo
Bidoumou Hills Prospect 50-75 Nabeba Permit, Congo
TOTAL 90-150Mt grading 55-65% Fe
These Prospects will eventually be evaluated by
initial scout drill testing and then, if warranted, by
systematic resource definition drilling to add to the
High-Grade Hematite Resource inventory wherever
possible. Mapping and sampling is also continuing
to evaluate other, as yet untested prospective areas
on the Permits.
26 SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013