The Lomati Gold Project is located in the northern Hhohho region of the Kingdom of Eswatini
(formerly Swaziland). The port city of Maputo (the capital of Mozambique) is located 120km due
east of the project and Johannesburg in South Africa is 320km due west. Lomati is the only gold
mine in the Kingdom and was originally commissioned in January 2015 and formally launched by His
Majesty King Mswati III in February 2016. The Lomati Gold Project is situated in the Barberton
Greenstone Belt – an area responsible for producing an estimated 11Moz Au in the past (South
Africa’s well-known Sheba & Jubilee mines are located c.25km to the NW of the project).
The mineral resources associated with the project comprise three separate deposits within the mining licence: Wyldsdale, Lomati and Lomati-Extension. These deposits had been previously identified by drilling conducted by Rio Tinto, JCI and Tan Range in the 1990’s. Production at the mine since 2016 has been at a pilot-scale (c.15Koz pa). Sycamore Mining plans to comprehensively redevelop operations at Lomati by up-scaling gold production. Following a successful exploration drilling programme during 2019 - drilling to twin old holes and in-fill resource definition, re-logging old core and surveying - the firm has moved into a design phase for the newly envisaged operation and is working towards producing Lomati’s first compliant mining schedule.