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OPERATIONS

Korab operates several projects in Western Australia, the Northern Territory and Ukraine.

Bobrikovo gold and silver mine (Ukraine)
This 3.3 million ounce gold and 16.3 million ounce silver project is being managed and operated by a team of mining engineers, metallurgists, and geologists with long term experience in bringing to production and running similar projects in Eastern Europe, Russia and Asia. Bobrikovo mine is located in the Donbas region of eastern Ukraine within Nagolny Ridge structure. Nagolny Ridge is part of a large intra-continental Phanerozoic structure that extends from southern Europe east to Central Asia. This structure hosts several world-class gold mining operations including Muruntau, Vysokovoltnoe, and Bakirchic. The tenor and style of mineralisation at Bobrikovo is similar to 170 million ounce gold deposit at Muruntau in Uzbekistan and to 57 million ounce Sukhoi Log deposit in Russia.

Geolsec Phosphate (NT)
Geolsec phosphate deposit is located on a granted mining lease ML27362 just 70 km south from Darwin. Geolsec is accessible all year round by sealed Batchelor Road. Geolsec is situated in close proximity (10km by sealed road) from Stuart Highway and the transcontinental railway line connecting Darwin with Adelaide (capital of South Australia) and with the national road and rail transport network which links Adelaide with Western Australia, Victoria, New South Wales and Queensland.

Winchester Magnesium (NT)
Winchester magnesium deposit is located next to Geolsec just 30 minutes drive from suburbs of Darwin. Winchester is one of the highest grade magnesite deposits globally averaging 91% of MgCO3 and grading up to 99% MgCO3. Winchester passed the feasibility study and pilot plant testing stage and is ready to move into development stage. The project has an estimated mineral resource of 16.6 million tones MgCO3..

Rum Jungle Project - NT
Batchelor And Green Alligator projects contain several large cobalt, nickel, copper, gold, zinc, lead and other metals anomalies.

Mt Elephant/Ashburton Downs Project - WA
Mt Elephant is an early stage exploration project with focus on copper and gold located south of Paraburdoo in Western Australia.

Rum Jungle Project
(Click on picture to enlarge)


Geolsec
Phosphate rock deposit cross section
(Click on picture to enlarge)
CLICK ON PICTURE TO ENLARGE

 

Winchester
Magnesite deposit at Batchelor 75 km from Darwin


 
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