Fungoni Mineral Sands Project, Tanzania

Strandline controls a dominant mineral sands exploration position along the coast of Tanzania, within a major world class mineral sands corridor. Prospective areas held by Strandline include five projects along the coast where tenure contiguously covers +35-50km of coastline exposure, cumulatively ~ 200 km strike, and all targets are within 20kms of the coast, close to ports and other key infrastructure. Strandline is targeting scalable, high grade, high quality, high value mineral assemblages (Ilmenite, Rutile, Zircon) close to infrastructure that have potential to be rapidly brought into production. Fungoni is located in the Central Region and the initial resource: indicated – 11Mt @ 3.1% heavy minerals (HM) and Inferred 3Mt @ 1.7% HM and a very high value Assemblage – 22% zircon, 4% rutile and 44% ilmenite. Ilmenite contains 62% TiO2. The exact co-ordinates are currently not available however the approximate area of location is lat: -7.016667000000001; long: 39.4166669