Regional Exploration & Development

Sundance’s Mbalam-Nabeba Iron Ore Project, which covers a total area of 1,740 square kilometres is part of an emerging iron ore province which extends through Cameroon and the Republic of Congo. Sundance is well placed with its first-mover advantage in this exciting new area and the development of its integrated mine, rail and port project is expected to be the key to unlocking its potential.

The Project is expected to generate strong cash margins and significant returns for Sundance shareholders and the Governments of the Republics of Cameroon and Congo once in production.

 

The Company envisages that the Mbalam-Nabeba Project, with its integrated Rail and Port infrastructure, will become a regional mining production hub which can help unlock value at other regional assets which may not be economic on a ‘stand-alone’ basis, but which could be progressed due to their proximity to the Mbalam-Nabeba deposits and related rail and port infrastructure.

Once in place, planned rail and port infrastructure could be upgraded to support regional production of up to 100 million tonnes per annum in the longer term. Sundance is confident that the region has the right geology to deliver sufficient iron ore resources to sustain production at this level. Sundance will continue to target increasing its own resources through both further exploration success and or partnering with other projects in the region.