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TanzaniteOne Limited

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Tanzanite, the Gem. Overview of the Tanzanite deposit. Geological models ... Tanzanite & Tsavorite Associated Gems. 16. Results Summary ... – PowerPoint PPT presentation

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Title: TanzaniteOne Limited


1
  • TanzaniteOne Limited
  • Cape Town Indaba 2007
  • Bernard Olivier

2
Agenda
  • Tanzanite, the Gem
  • Overview of the Tanzanite deposit
  • Geological models
  • Geological history of the area
  • Stoping Results
  • Official Drilling Results
  • Geophysics Results
  • Possible New Ventures

3
Tanzanite - Characteristics
Zoisite
Ca2Al3Si3O12(OH)
Orthorombic
Trichroic
? - 1.6925 ? - 1.6943 ? - 1.7015
Hardness - 6.5
Dirlam et al., 1992
4
Single Source NE Tanzania
Merelani Tanzanite Deposit
10km
5
Tanzanite Ore Zone Fold Model
6
Tanzanite Ore Zone Fold Model
7
Stoping Trails First Results
8
Stoping Trails First Results
9
New Drill Hole Locations On the Block C Mining
Licence
10
Drilling Results - Official
11
Drilling Results Positive Indicators
12
Unique geochemical signature of the JW-zone
Scatter plots for the discrimination function of
the whole rock geo- chemical data
13
Geophysics Folded Ore zone
14
Geophysics Folded Ore zone
15
Tanzanite Tsavorite Associated Gems
Green Grossular Garnet (Tsavorite)
Picture of tanzanite
Tanzanite Quartz Calcite
16
Results Summary
  • Positive first results from the stoping trails
  • 18250 carats from 918 tonnes 19.88 ct/tonne
  • Calculated cut-off grade 5.5 ct/tonne
  • Drilling Results
  • 2501m of Core drilled
  • All holes intersected the tanzanite ore zone
  • Maximum down dip extent of 1464m
  • Possible thickening of ore zone at depth
  • Geophyiscs
  • Dip shallows out at depth
  • Possible closing of Ore-zone at depth
  • Opportunity to diversify into tsavorite

17
Investment rationale
  • Stoping tested for the first time at TanzaniteOne
  • Optimisation of resource through stoping
  • Re-extraction of old workings
  • Lower grade areas mined profitably
  • Promising preliminary stoping results
  • Latest drilling results at deeper levels indicate
    continuation of ore bearing host rock
  • Extension of life-of-mine
  • Improved geological understanding of deposit
  • Adjacent Tsavorite deposits present acquisition
    opportunities to TanzaniteOne in a quest for
    diversification.
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