Lifezone Metals Announces Discovery of Additional High-Grade Nickel Mineralization at Safari Link Area at its Kabanga Nickel Project in Tanzania

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Discovery of Additional High-Grade Nickel Mineralization

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Lifezone Metals Announces Significant Mineral Resource Update for its Kabanga Nickel Project in Tanzania

Figure 1: Early Years Blend Composite locked-cycle flotation test work showing concentrate nickel grade versus. nickel recovery. Source: Bureau Veritas Minerals Pty Ltd, Project No. 4668, Locked Cycle Test 2 (LCT2 EYBC). The Locked Cycle Test final product result is based on the average performance of cycles 4 to 6 of the test, at steady state. The Locked Cycle Test curve is derived from the rougher concentrate only and the high-grade concentrate streams of the same test for the same cycles 4 to 6. The curve also reflects and is validated by the open-cycle testing results on the same Early Years Blend Composite sample.

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From left to right: Keith Liddell (Chair, Lifezone), Benedict Busunzu (CEO, Lifezone’s Tanzania subsidiary, Tembo Nickel), K. Danae Pauli (Senior Advisor, PGI), Chris Showalter (CEO, Lifezone), Hon. Anthony Mavunde (Tanzanian Minister of Minerals), Michael Battle (U.S. Ambassador to Tanzania), Helaina Matza (Acting Special Coordinator, PGI), Buberwa Mukurasi (Economics Advisor, U.S. Embassy) and George Karumuna (Tanzanian Ministry of Foreign Affairs) in Dar es Salaam, Tanzania on August 26, 2024. (Photo: Business Wire)

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Simplified flowsheet showing the hydrometallurgical metals extraction process from Kabanga sulfide concentrate through to finished nickel, copper and cobalt metals. (Graphic: Business Wire)

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