WA Heavy Mineral Sands

Ambergate Heavy Mineral Sands

In 2018, SER defined a JORC 2012 Inferred Mineral Resource of 11.2.Mt grading 5.1% Heavy Minerals for a total Heavy Mineral content of 569,000t at our Ambergate Heavy Mineral Sands project. In 2019 SER completed an internal techno-economic analysis of the project and has since decided to advance the project. The next stage of work is to upgrade the resource from Inferred to Indicated category, which requires landholder consent which is being actively negotiated.

Ambergate Heavy Mineral Resource with surrounding operating HMS minesHeavy Mineral cut-off 3%; Slimes cut-off <22%; Assemblage: 73% ilmenite (average TiO2 58.7%), 12% leucoxene, 12% zircon, 0.6% monazite, 2% other see SER ASX Announcement of 17 April 2018

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