Name of the Project
Uis tin project.

Location
The Uis project consists of three project areas in the Erongo region of Namibia.

Client
AfriTin Mining.

Project Description
Uis has a non-Joint Ore Reserves Committee-compliant resource of 73-million tonnes grading 0.136% tin, and an additional 2.7-million tonnes at 0.015% tantalum pentoxide. AfriTin has undertaken a detailed mine design for the V1 and V2 pegmatite bodies, previously identified as priority targets, to supply feed to the new intermediary processing plant.

The design of the proposed Uis tin mine includes an initial five-year mine production schedule to start operations on the outcropping pegmatite bodies and existing excavations of the historical V1/V2 pits.

This in-house mine plan supports an overburden stripping ratio of less than one (overburden-to-ore ratio) and a fast ramp-up profile using conventional openpit mining methods.

Material will be liberated through drill-and-blast methods, while excavators and articulated dump trucks will be used to load and haul the ore.

The run-of-mine (RoM) feed to the processing plant, for this phase of development, is planned at 500 000 t/y, with expected production of 800 t/y of saleable tin concentrate. The target for the following phase is 5 000 t/y of tin concentrate.

The processing plant will be located close to the V1 and V2 pegmatite orebodies.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
Not stated.

Duration
Production is scheduled for the second half of 2018.

Latest Developments
AfriTin Mining remains focused on producing the first tin concentrate at its Uis mine in the second half of this year.

CEO Anthony Viljoen has noted in a statement that there are many initiatives the company plans to complete at the mine in the short to medium term.

“We will continue the upgrading of the current pilot plant operation into a producer of 65 t/m of tin concentrate. The directors believe that the cash flows and testwork conducted over the course of this development will enable the company to construct a significant knowledge base to advance towards a bankable feasibility study.

“From there, we will look to expand the plant production of up to 5 000 t/y of tin concentrate.

“In addition to this, once initial production at the Uis pilot plant commences, the board's intention is to gain a more detailed understanding of the Uis orebody through a detailed exploration programme and, thereafter, map out a long-term mine plan,” he has added.

AfriTin’s board believes the Uis mine has the resources to be a long-life operation.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Afritin Mining, tel +27 11 268 6555.