DY6 Acquires Previous Rutile Mining Site Expanding Project
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Announcement summary
DY6 Acquires Previous Rutile Mining Site Expanding Project
HIGHLIGHTS
Binding acquisition secured: DY6 to acquire 100% of 7 contiguous exploration licence applications comprising the Yaoundé West Project in central Cameroon.
Proven production history: Yaoundé West was a major rutile producing area between 1935 and 1955, contributing to Cameroon’s position as the world’s 3rd largest rutile producer at the time.
Unique in Cameroon: Yaoundé West is the only recorded site of historical residual rutile mining in the country.
Proven high-grade potential: BRGM mapping delineated a 70km x 15km high-grade residual rutile mineralisation zone, with adjacent DY6 licences already demonstrating coarse rutile up to 97.5% TiO₂.
District-scale landholding: Acquisition significantly increases DY6’s 100%-owned tenure in central Cameroon to 8,782km2, cementing its position as the dominant player in a globally emerging rutile province.
Strategic Location: Close proximity to key infrastructure including rail, port, power, and the capital Yaoundé, offering exceptional development and logistical advantages.
Exploration momentum: Ongoing systematic soil-sampling programme to be expanded across Yaoundé West licences, ahead of maiden auger drilling.
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