Dwaalkop is a 50:50 joint venture between Northam and Western Platinum (Lonmin) situated in Northern Limpopo.
Northam now owns a 50% interest in the Dwaalkop PGM joint venture along with Lonmin and community groups. Both UG2 and Merensky platinum reefs outcrop on these properties over a strike length of 4,500m and some 9Moz of PGM resource were defined by infill drilling to a depth of 1,000m.
|Ownership||Wholly-owned by Northam Platinum Limited|
|Location||Northern portion of the eastern limb of the Bushveld Complex near Zebediela in the Limpopo Province adjacent to Baobab Platinum Mine (BPM)|
|Access and infrastructure||Existing infrastructure at BPM could be utilised to gain access to the Dwaalkop prospect|
|Reserve||Total: 5.7Moz (3PGE+Au); Attributable*: 8.9Moz (3PGE+Au)|
|Resources||Total: 17.8Moz (3PGE+Au); Attributable*: 2.9Moz (3PGE+Au)|
|Life of mine||Exploration project at present|
|Project status||Pre-feasibility completed in 2007; further feasibility study work being considered|
* Attributable to Northam