Speewah Metals Limited has compiled 100% owned mineral exploration tenements in the East Kimberley region of Western Australia covering approximately 575 square kilometres.
The Company’s principal objective is to create shareholder wealth through the discovery and development of mineral deposits.
The focus of the Company is the Titanium / Vanadium / Hematite Project that represents the major asset of the Company.
This project is based on:
- Development of one of the largest JORC Resources in the world of its kind, totalling 4.7 Billion tonnes at 0.30% V2O5 and 2% Ti that provides the opportunity for +100 year mine life;
- Process flowsheet that uses a mixed chloride acid leach on the magnetite concentrate, to recover +90% of each Titanium (Ti), Vanadium (V) and Iron (Fe) as three seperate high value end products (Indicative +99% purity).
- Scoping model that suggests annual revenue > US$550 million with project valuation of US$1.4 billion.