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 an operations commencement in Q4 2017.
Astron Senegal Project Update - June 2017