Sheffield's Thunderbird project brings real opportunities
Written on the 27 July 2016
Sheffield Resources' Thunderbird mineral sands project will promote the co-existence of the melting pot of Kimberley values, said Bruce McFadzean, the Company's Managing Director.
Taking local stakeholders to the Dampier Peninsula project site this week, Mr McFadzean told them that Thunderbird presents a real opportunity for the region.
"It's a mineral sands project offering up around 140 permanent local jobs, and that means at least`140 families living in the region would directly benefit," Mr McFadzean.
"Long term job prospects underpin regional sustainability which then underpins the retention of regional lifestyle values.
"It is a perfect project to demonstrate we can move forward together. We can co-exist respectfully -tourism, conservation, development, culture and employment.
"Mineral sands are used by you everyday, in your toothpaste and artificial joints, your crockery and porcelain, paint, food colouring, medicines and sunscreen.
"And the project is intergenerational, with our studies showing a life of mine of more than 40 years, meaning this is a project for our children's children," Mr McFadzean.
Successful development of the Thunderbird Mineral Sands Project will see ASX-listed Sheffield Resources Limited mine and process zircon and titanium minerals (ilmenite, leucoxene) at its remotely located site on the Dampier Peninsula.
It is a large-scale, long life, mineral sands mining and mineral processing project with low environmental impacts and long term employment and economic benefits.
Sheffield commenced drilling for mineral sands on its Thunderbird tenement in the Canning Basin geological province mid-2012, announced its Maiden Mineral Resource by
December the same year, completed a pre-feasibility study in 2015 and declared a Maiden Ore Reserve for the Project in early 2016.
Sheffield is undertaking a Bankable Feasibility Study and Public Environmental Review of Thunderbird, both scheduled for completion in 2017. Sheffield has a vigorous community engagement program and welcomes the support of stakeholders.
Sheffield envisages a financial investment decision (FID) and commencement of construction in 2017, and subsequently first exports through the ports of Derby and Broome are notionally planned for 2019.
For further information please contact: Kim Pervan, Government & Community Relations Consultant
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