📋 Tender Overview
The company holds a 75% interest in 13 granted graphite licenses for the Nyorinyori graphite mine, as well as 14 granted licenses comprising the Nyorigreen graphite project. These mines are located in the Simanjiro District of the Manyara Region in Tanzania. Licences are contiguous and extend over a combined area of approx. 86 hectares and are valid for a 7-year period.
Region is considered highly prospective for graphite, with shallow mineralization present and small-scale mining activities already underway.
• A focus on advancing the Nyorinyori Project through completion of a feasibility study through an accelerated exploration and development timetable.
• Exploration has commenced targeting the high- grade jumbo and large flake graphite mineralisation already seen on site.
The Projects have exposed graphite mineralisation extending for over 1.20 km in strike length and which remains open and has been mapped with widths of up to 120m where field observations have also indicated large graphite flakes.
• The results suggest the presence of a strong and graphite mineralised system - open-ended along strike, that has the potential to support a medium-sized mining operation.
These licenses are covered by the current commercial and technical services agreements, under which Marula has secured a 75% commercial interest by funding exploration, mining, and development endeavors.
