Overview
Key Information
Location |
Lamba Village, Darazo LGA, Bauchi State |
Deposit |
Hematite and Limonite |
Exploration Status |
Ongoing |
Reserves |
Over 60 million tonnes (inferred) |
Quality |
70% |
Geology:
The deposit is of sedimentary origin occurring in form of boulders of various sizes. Geological and Geophysical maps (1:5000).
Exploration:
- Exploration is ongoing by the National Steel Raw Materials Exploration Agency. Geological and Geophysical maps (1:5000).
Location:
The iron ore deposit is located near Lamba village, Darazo LGA, Bauchi State. It is bounded by longitudes 10’53’E-10’56’E and latitudes 11’22N-11’28’N.
Infrastructure:
- Access to site: Bauchi-Kari-Potiskum road. It is about 200km from Bauchi and 2km off Bauchi- Potiskum road.
- Access to rail line (Bauchi) about 200km.
- Access to Airport (Maiduguri) about 260km.
Medium
Licensing Round
Exploration
Either
No
1. Applying for mineral titles with a view of wholly owning the mining rights.
2. Partnering with existing title holders for detailed exploration as consultants and specialists.
3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of area of interest.
4. Legal transaction in commodities won in quarries and operations for export.
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Listing Information
Bauchi State, Nigeria