News out of WA today that WA’s Environmental Protection Authority has approved the development of Doral’s Yalyalup mineral sands mine, just outside Busselton in the state’s South West.
This is located very close to Ambergate as you can see on the map.
Stuart has said in the past that he would be open to the potential sale of Ambergate.
"Approximately 12-16 million tonnes (t) will be extracted from the deposit to produce ~500-700,000t of heavy mineral concentrate (HMC). The HMC product to be generated from mining the deposit includes zircon, ilmenite, leucoxene and rutile. HMC will be trucked to the existing Picton processing plant. The life of mine is expected to be ~4.5 to 5.5 years."
Ambergate resource is comparable at: 11.2Mt grading 5.1% Heavy Minerals for a total Heavy Mineral content of 569,000t.
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