Mineralised horizon is very high-grade, almost pure ilmenite
Memba Titanium - Iron Project
Acquired in late 2011, Memba is a high grade titanium-iron (Ti-Fe) project located in Nampula Province, Mozambique. Preliminary rock-chip sampling has shown that the mineralisation is very high-grade, being almost pure ilmenite (titanium host mineral).
A joint venture, of which Globe can earn up to 90%, Memba covers approximately 1,110 square kilometres and is a low commitment/high upside project in an attractive mining jurisdiction. In May 2012, Globe was granted an additional exploration licence adjacent the Memba Project Area.
In 2012, Globe completed a number of significant field programs to better understand the mineralised potential of the Memba Project. Memba has remarkable and unique mineralisation, with preliminary rock chip samples averaging 47% titanium dioxide (TiO2).
North eastern Mozambique, where Memba is located, is experiencing a flurry of activity in terms of new mineral projects across a range of commodities, with almost unprecedented infrastructure development for this part of Africa.
North Eastern Mozambique Infrastructure and Activity Map. 2011
Memba Project tenement location map. 2011
Field Camp, Memba. 2011
Ilmenite bearing rock, Memba. 2011
Walking the field, Memba. 2011