The Merensky Reef is the upper portion of a pyroxenite layer, with a chromitite stringer close to the contact with the hanging wall and mineralisation decreasing from the chromitite stringer into the hanging wall and footwall.
Impala holds a prospecting right over a total of 8 524ha on a large portion of the farms Tweefontein and Kalkfontein, as well as the farm Buffelshoek; this constitutes the Tamboti Project. No Merensky Reef is present on Tweefontein and the UG2 Reef occurs only on a small portion of this farm. The total mineral rights holding at Kalkfonteinincreased by some 34% due to the DMR awarding the section 102 application for the historic undivided shareholding on certain portions of the farm Kalkfontien . This clarified the ambiguity regarding ownership. The agreements with junior resource company, Kameni and African Rainbow Minerals were recorded in the 2009 annual report.
The full Mineral Resource and Mineral Reserve statement
Download here (60KB)  |