Capel Mineral Sands Project
Western Australia
- Brownfield high quality ilmenite exploration and development project
- Previously held by Tronox (NYSE:TROX), a global, vertically integrated producer of titanium dioxide and inorganic chemicals
- Exploration1 conducted by Iluka identified shallow HM mineralisation including:
- 21m at 3.3% HM from surface (RB007)
- 21m at 2.6% HM from surface (RB001)
- 18m at 2.2% HM from surface (RB003)
- Drilling program planned to test continuity of mineralisation
- Potential for high quality ilmenite resource
- Multiple synergies with global mineral sands miners operating in the region
1 – Wamex Report Number – A97325