Mineral Deposits Limited is developing the world class Grande Côte Mineral Sands Project in Senegal, West Africa. Boasting a large scale orebody that extends for over 100 kilometres and which features high quality zircon, the project is well positioned to take advantage of large supply deficits forecast in the near-to-mid-term future for mineral sands and titanium products.

Located approximately 50 kilometres from the port of Dakar, Grande Côte is within close proximity to the premium markets of Europe and North America and benefits from already established infrastructure such as roads, rail and port loading facilities.

The project is well advanced with all the necessary mining approvals received and a definitive feasibility study completed in June 2010, the results of which formed the basis for proceeding with the project.

Having successfully developed the Sabodala Gold Operation in eastern Senegal, MDL has significant in-country experience and an excellent relationship with the local community and the Government of Senegal.

Senegal is one of Africa’s most successful democracies, having gained independence in 1960. It enjoys a stable and investor friendly political and social environment. The government of the Republic of Senegal is MDL’s valued partner and holds a 10% free carried interest in the project.