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Toliara Sands Project

Map: Toliara Sands

Australia Sands has an option to acquire Madagascar Resources NL's Toliara Sands project. Madagascar Resources NL holds tenements between Toliara and Marombe in the south-west of Madagascar where a large mineral sands resource containing smelter-grade ilmenite has been identified. The pre-feasibility study has confirmed a large reserve, which can provide a long-term supply of ilmenite to the KZN Sands smelter for more than 30 years. The bankable feasibility study began in the second half of 2005 and is expected to be completed in early 2007.

 

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