Niafarang Project, Senegal

The Niafarang Project is located within an exploration license zone covering an area of 397km² along the Casamance coast of Senegal with known mineral sands deposits. Stage 1 of the project, based on a 6km deposit of heavy minerals (HM), has an estimated life of mine of 3 years with a probable ore resource of 10.91% HM.

Senegal contains rich deposits of mineral sands, gold, phosphate, iron ore and uranium. The country boasts world standard mining laws and the government is committed to establishing a first-class business environment.

In June 2017 the Mining Licence for the Niafarang deposit was officially granted. Astron now advances is efforts toward procurement and mine establishment activities leading towards operational commencement.

Senegal Operations Update - September 2018

Astron Senegal Project Update - June 2017

MEDIA

Astron’s project definition statements are advancing with both the Senegal and Donald projects. Project and Engineering teams are currently advancing the Definitive Feasibility study for the Donald project in the Murray Basin Victoria.

Project milestones are continuing with Environmental, Engineering design, Infrastructure and operational preparedness activities.

ANNOUNCEMENTS

Milestones achieved in the 3rd Quarter of 2016 continue to return cost effective outcomes for the business’s future. Achieved and planned milestones for 2016 include:

Submission of the Donald Site Work Plan Q4 2016
Donald Mineral Sands – Definitive Feasibility Study Q4 2016
Pre-Feasibility Engineering design of the Mineral Separation Plant commenced Q3 2016
Procurement and Engineering Technical reviews in both China and Australia commenced Q3 2016
Feasibility Design of the Donald Site Wet Concentrator Plant (WCP) completed Q3 2016
Logistics, Infrastructure and Civil designs completed Q3 2016
Project Execution and Packaging Plans completed Q3 2016

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