GOLDLINE MINING INVESTMENT GROUP LIMITED

  • Emmaland Resources Center

    Building No. 57 George Walker Bush
    N1 Motoway Lapaz - Accra Ghana.
  • MAIL US

    info@goldlinemininggroup.com
  • PHONE US

    (+233) -240-169-569

EMMALAND RESOURCES PROJECT

Sheini Hills Iron Project

PROJECT STATUS = READY

The Sheini Hills Iron Project in northeastern Ghana is a large-scale greenfields iron ore project with multi-billion tonne potential. Since acquiring the asset in late 2011, Emmaland has conducted extensive exploration activities to generate resource definition and estimates with metallurgical reports and determine the resource estimate.

Through these activities, the resource estimate from the first phase of drilling was found to be 1.5 billion tonnes of proven reserve and an unproven reserve of approximately 6 billion tonnes of iron.

Emmaland Resources is seeking investment in the project via a strategic investor to advance the project into an operational stage.

The project, covering approximately 400 square kilometers, is located in the Zabzugu – Tatale District in Northern Region, the Republic of Ghana.

GEOLOGICAL SETTING

The physical geography of Ghana’s Northern Region reflects the geological setting of the area. At the regional scale, the Project is located within the eastern part of the West African Craton called the Eastern Pan African Domain. The Project Area is located in the Togo Belt, starting in southeast Niger and running south-southwest to southeastern Ghana, comprising supracrustal sediments and volcanics of probable late Precambrian to early Phanerozoic age. The Togo Belt consists of Buem Formation and Togo Formation. The rocks of the Buem Formation are dominated by east- to southeast-dipping clastic sediments, mainly sandstones, siltstones, shales, and mudstones. Massive chert (silexites), limestones, and dolomites are known from Togo.

The Iron Formation is located mainly within the Ghanaian part of the Buem Formation, but some of the bodies also cross the border into Togo. The iron mineralization is associated with tillites situated near the base of the Buem Formation.

The Iron Formation forms a folded sedimentary unit several hundred metres thick and outcropping along wide ridges (or sets of parallel ridges) running for more than 35 kilometres in a north–south direction. They are composed of a number of horizons varying in lithology, grain size, and mineral composition. The individual horizons of the Iron Formation have a thickness between 20 and more than 100 metres and are inter-bedded with sandstones, siltstones, and probably quartzites. The iron bearing horizons dip 10°–45°, mainly to the east-southeast (in the Sheini south and Kubalem area) and also to the west in the area west of Sheini Village.

DEPOSIT TYPE

The observed geological, mineralogical, and geochemical features indicate that the Sheini mineralization fits a Banded Iron Formation (“BIF”) model. The wide scale presence of hematite and rarity of magnetite may indicate Hematite-rich Banded Iron Formation (“H-BIF”). More likely however, the low amount of magnetite at surface is probably due to surface alteration (oxidation) of magnetite to hematite (martite).

PROJECT HIGHLIGHTS
  • Large 43-101 resource of 1.3 billion tonnes @ 34% Fe defined by initial Phase I drill program.
  • Completed Metallurgical Report
  • Significant potential to expand the resources to 3.0 billion tonnes with additional drilling
  • Excellent mineability – ironstones are exposed at surface over more than 30 km strike length.
  • Two high-quality, high-value iron products can be produced:
  • 1.DRI product grading up to 80.98% iron (89% recovery)
    2.Pig Iron grading 93.7% iron (96% recovery)

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