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Sierra Leone: More Iron Ore Discoveries at Marampa

Freetown — London Mining’s extended drilling programme at its flagship Marampa project in northern Sierra Leone has uncovered two structures with an estimated inferred resource of 111 million tonnes grading 33% iron.

Consequently, the company is now targeting a steady-state 9 million tonnes per annum mining operation, with more than a 20 year mine life. The newly discovered Campbell Town ridge and Hospital ridge structures are connected to Marampa’s Masaboin Hill and Ghafal Hill zones. London Mining chief executive, Graeme Hossie, said he was excited by the new discovery, noting that a “higher grade fraction … has the potential to significantly enhance the economics of the project”.

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