High Grade and Simple Logistics
These licenses, the Gibi mountain license and the Nimba South license strategically position us, offering opportunities and options for inland transportation. The Gibi deposit is approximately 70 kilometeres from the coast, while the Nimba South property lies along an established railway corridor from Nimba Hills to the Buchanan Port.
Unlocking Value Through Experience and Expertise
In recent years, SMPL, through West26 Pte. Ltd., has assembled a highly experienced management and technical team to spearhead this initiative. We've also enlisted the support of reputable global exploration consultant firms. Together, we conducted an extensive assessment of the Gibi exploration license, resulting in the identification of five high-grade DSO potential targets.
The Nimba South License
Nimba South is strategically situated in Liberia, specifically to the east of Ganta city in Nimba County, approximately 240 kilometers northeast of Monrovia, the capital city. Access to Nimba South from Monrovia primarily involves a five-hour and thirty-minute vehicle journey along the Monrovia-Ganta Highway, followed by a route onto the Ganta–Gbahn road. Notably, Nimba South is intersected by the former LAMCO Yekepa-Buchanan rail line, with some of the highest-grade targets positioned in proximity to the rail track. This geographical positioning enhances the logistical advantage of Nimba South, facilitating efficient transportation and access to key resources.
The Gibi Mountain License
The Gibi location, positioned approximately 50 kilometres as the crow flies, enjoys a strategic proximity to the coast and to Liberia's two major export ports, Buchanan and Monrovia offering multiple optionality for ore inland transportation. Buchanan, in particular, is a vital export hub for iron ore, with well established mining companies utilizing it extensively for their iron ore export operations.
The proximity of Gibi to these key export ports presents a significant logistical advantage for mining and exporting operations in the area. Relatively short distance offers efficient transportation options reducing inland transportation costs and turnaround times. This strategic location not only facilitates the movement of high-quality iron ore from Gibi but also enhances Liberia's position as a prominent iron ore exporter in the region. It underscores the region's importance in the global iron ore market, thanks to its accessibility to these crucial export facilities.