SDL 0.00% 0.6¢ sundance resources limited

increase in high grade hematite

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    INCREASE IN HIGH‐GRADE HEMATITE RESOURCES TO OVER 500 MILLION TONNES AT
    +60% Fe TOGETHER WITH 2.38BT OF ITABIRITE AT 38% Fe UNDERPINS WORLD‐CLASS
    SCALE AND QUALITY OF MBALAM PROJECT
    HIGHLIGHTS
     Mbalam a truly world‐class iron ore project with High Grade Hematite Resources now totalling
    521.7 Mt grading 60.7% Fe which was compiled in accordance with the JORC Code.
     488.5 Mt is in the Indicated category, which represents 94% of the total resource.
     Project has additional further resources of 2.3 Bt of Itabirite Hematite at 38% Fe.
     Resource estimate now incorporates assay results from over 960 drill holes totalling more than
    140,000m of drilling.
     New Resource figures fed into Definitive Feasibility Study (DFS) enhancement studies as basis
    for a Reserves upgrade.
     Significant potential to grow project further with numerous drilling targets identified.
     Sundance set to enjoy first‐mover advantage in unlocking a new iron ore province.
 
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