GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Capital Raising Update, page-51

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  1. 723 Posts.
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    The Mn ore in the Bligh presentation was the alluvial Mn ore which is mulitple layers of 50mm thick with clay layers in between, and from memory the location that Bligh had its tenements was on the northern side of the island which was a bit remote. There are some large deposits north of Kupang city over the bay which a crowd called Bracken Mining (listed on Frankfurt exchange before they went broke) had which was more massive Mn ore rather than alluvial - from memory they had over 100m tonnes.

    Another crowd Western Mining were on the far north coast and again they had alluvial Mn ore with some massive ore but very remote.

    KPR had a deposit in Belu district - the north eastern area which juts into East Timor - again very remote. They had alluvial deposit at Soe but 122km from Tenau Port.

    The other problem with Mn mining in West Timor is that there is only Tenau port which is capable of accommodating large ships.

    The northern town of Atapupu ( near east Timor border) is one of the other places with a port but can only handle ships about 80m long. But then Mn ore is some 50km away by road - which go through villages etc.

    There is a very small loading facility on the southern coast.

    Otherwise you are stuck with Tenau port, with all the associated problems of truck transport through suburbs.

    So if you want avoid Tenau Port then the best solution is to have a deposit immediately adjacent the coast and set up your own loading facilities.
 
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