South Boulder Mines Ltd is a 50% shareholder of the Colluli Mining Share Company (CMSC), a joint venture between South Boulder Mines Ltd and the Eritrean National Mining Company (ENAMCO).
CMSC owns exploration tenements spanning over 400km2 within the Danakil Depression in South East Eritrea.
Since 2010, 97 holes have been drilled identifying a resource containing more than one billion tonnes of potassium bearing salts suitable for the production of potash fertilisers.
South Boulder Mines Ltd is currently working on the Feasibility Study to support the development of the project.
South Boulder Mines and AMC Consultants to Present at Asmara Mining Conference
South Boulder Mines is pleased to advise that it will be presenting an update on the Colluli potash project at the 2014 Asmara Mining Conference to be held in Asmara, Eritrea, in October 2014. The conference is held annually. South Boulder Mines will be presenting on behalf of the Colluli Mining Share Company. Key presentations will include the Bisha Mining Share Company, Eritrea’s first modern mine, the Koka gold mine which is currently under construction, the Asmara gold project which has recently completed a bankable feasibility project. Technical presentations will take place on the 1st and 2nd of October.
Keynote presentations will include the following speakers:
Dr. Clifford R. Stanley – Geology
Bruce Shapiro (President, Mine Africa Inc.) – Striking the Right Balance
Dr Graeme D Cambell – Mine-Waste and Tailings Geochemistry
Mark Chesher (AMC Consultants) – Marrying Resource and Processing
South Boulder Mines is pleased to have been able to work collaboratively with the Eritrean Ministry of Energy and Mines and AMC Consultants on the keynote topic of “Marrying Resource and Processing” which is based on the revised development strategy for Colluli and the importance of getting foundational work for mining projects right. AMC Consultants are currently conducting the mine planning and resource work for the Colluli project.
Colluli Project Information Brochure
South Boulder Mines (ASX: STB) (“South Boulder” or “the Company”) is pleased to present a summary overview of the Colluli Resource and the development strategy to produce potassium sulphate. For the information brochure, please go to:
Africa Downunder Presentation September 2014