Zafindravoay
The Zafindravoay Chrome Project, located approximately 400 kilometers north from Antananarivo,
the capital of Madagascar, occurs in the northwest province of Mahajanga. The project comprises
fourteen contiguous squares and the area under tenure totals 87.50 square kilometers. PAMM has
acquired 100% ownership rights to the project under a purchase agreement. Official transfer of
permits by the BCMM is pending. Access and general project infrastructure are considered very good.
The project occurs within the north-northwest to south-southeast trending Befandriana
Chrome Belt. This belt extends over two hundred kilometers and varies to thirty-five kilometers
in width. Domanant rock types are granite, granite migmatite and potassic gneiss. The belt is
characterised by numerous ultramafic pods and such pods contain chrome and nickel mineralisation
(data from the archival database, Madagascar Dept. of Geology, Antananarivo). The Zafindravoay
Chrome Project is within the largest of these ultramafic pods. At Zafindravoay, the ultramafic
pod is approximately one kilometre long and varies to six hundred metres.
In 1985, BRGM estimated remaining mineable reserves for the project of approximately four
hundred and forty thousand tonnes of chrome ore. This estimate was from a total of five chrome
prospects within the Zafindravoay project area. The BRGM "mineable reserves" are
considered to be measured historical mineral resources in accordance with CIM guidelines as
required by NI43-101. Such measured resources are not current and have not as of this date
been verified by the Company through independent study.
The Beriana Chrome Project is located approximately thirty kilometers southeast from
the Zafindravoay Chrome Project (above). It comprises 12 squares under permit 100% owned by
PAMM, covering an area of approximately 75 sq. km. It occurs within the Befandriana Chrome Belt
and is located within an ultramafic pod of unknown dimensions, which is not exposed at surface.
Access and general project infrastructure are considered reasonably good.
In 1962, BRGM presented an eluvial mineable reserve of 4,000 tonnes of chrome ore
(Donnet, 1962). This ore had both an exceptionally high grade of 55% Cr203 and a Cr: Fe ratio
in excess of 3.0. The estimated c hrome grade for the Beriana ore is the highest chrome
grade recorded in Madagascar. The BRGM reserve estimate was based on trench data and only
included the identified outcropping and very shallow, buried eluvial chromite ore. The primary
source of the eluvial chromite ore was not identified (Donnet, 1962). The BRGM "mineable
reserves" are considered to be measured historical resources to comply with CIM guidelines
as required by NI43-101. They are not current and have not been verified by the Company.
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