Mbalam deposits are the only High Grade deposits in Cameroon. All others are Low grade DSO, some with Itabirite type iron ore that can be upgraded to a higher iron ore Concentrate or Pellet Feed. That is why SDL's projects are at the fore front of funding for Mines, Rail and Port.
The Congo Republic has Nabeba, Avima and Badondo, all with High Grade DSO, plus huge amounts of Itabirite to convert to Concentrate and Pellet Feed. There are some smaller deposits in The Congo Republic like at Elogo which is just on the edge of SDL's tenement in The Congo.
If there were High Grade closer to Port, the Rail and Port requirements would be built for those deposits. SDL's tenements are just about as far to the East as Cameroon reaches, not far from The Central African Republic.
Regards
Westcott.
SDL Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
