Project overview
About this development
The Bunyu (formerly Namangale) Project is located in the central region of exploration licence PL10643 in Tanzania, with the deep-water Mtwara Port only 140km away. Power and sealed roads are available 10km from the deposit location. The existing road connects all the way to the port. There are 48 RC holes completed for 2 517m. Namangale is a major new graphite discovery. Given exciting initial results, the drill program was hugely expanded to a total of 54 RC holes and 4 Diamond holes. A majority of mineralisation was logged as medium or high grade with coarse flake graphite. Estimated capital expenditure : $173 million. The exact co-ordinates are currently not available however the approximate area of location is: lat: -10.4994505; long: 39.0189623.
Project at a glance
Bunyu Graphite Project, Tanzania is located in Tanzania. The project is classified in the Private sector. Its current recorded stage is Procedural. The recorded project value is R 200 Million+.