The Nahda Tungsten Project in southern Algeria is located about 80 km south of the city of Tamanrasset, about 40 km west of the trans-Sahara highway. The Project is in a very remote location that provided security and logistical challenges. In 2015, SRK conducted a Scoping Study and, in 2017, was subsequently engaged to undertake a Feasibility Study to determine the viability of the Project. SRK was involved in infill drilling, geotechnical logging and sampling, well testing, geochemical sampling, and the supervision of a metallurgical programme to determine the most suitable process flowsheet. SRK also carried out an Environmental and Social Impact Assessment (ESIA) to international and Algerian standards in cooperation with local consultants. In such an arid environment, the water supply was a particular challenge and SRK was able to find the optimal solution for the client by carrying out a series of option studies. To complete the Feasibility Study, SRK undertook a resource and reserve estimate according with the JORC Code (2012), and developed detailed mine design and scheduling which contributed the financial model used to determine the NPV and IRR of the Project.
