mamelles deposit 30kms from kribi, page-16

FIRST MINERAL RESOURCE STATEMENT FOR MBALAM PROJECT
190MT INFERRED RESOURCE OF DSO QUALITY HEMATITE
CONFIDENCE INCREASES IN WORLD-SCALE IRON ORE PROJECT

International iron ore company Sundance Resources Limited (ASX: SDL – “Sundance”) is pleased to announce a maiden JORC-Code compliant Inferred Mineral Resource of 190 million tonnes of Direct Shipping Ore (“DSO”) quality hematite mineralisation (average grade of 60% Fe) at its 90%-owned Mbalam Iron Ore Project in Cameroon, West Africa.


Exploration Target of 2.0-2.5 billion tonnes of Itabirite mineralisation for the Mbalam Project.

So:
JORC of 190MT @ 60%
Exploration target of 2.0 to 2.5 BT low grade Itabirite.