PROJECT WARA SOUTH ASIA
Located in North-Eastern Sri Lanka, the Seruwawila area (also known as Seruwila) was selected as AMECA’s maiden project due to indications that the area could contain a significant amount of gold. Originally discovered by the Geological Survey and Mines Bureau (present GSMB) in 1971, the Seruwila copper-magnetite deposit was the first base metal find in Sri Lanka. Identified as a deposit of particular interest, the French Geological Survey (BRGM) began a drilling program in Seruwila in the early 1980s. Unfortunately for the BRGM, the outbreak of civil war in 1983 forced an end to its exploration activities. AMECA was the first company to return to the area and continued the search for valuable minerals. Upon receiving an exploration licence AMECA commenced field work in August 2018.
A Ground-breaking Ceremony with the Seruwilian Monks
(a) Detailed geological map of the study area showing the northern part of the boundary between Highland and Vijayan Complexes, together with sample localities. (b) Geological map of Seruwila copper-magnetite deposit.
Dominant basement rocks are charnockites (orthopyroxene-bearing anhydrous granulites) and quartzite (HC) and metagranites and amphibole–biotite gneisses to the southeast (VC).
Mineralization at Seruwawila occurs at the eastern boundary between the HC and the VC.
Massive magnetite ore bodies range in thickness from 1–10 m and consist of highly coarse-grained magnetite and apatite in which the magnetite contains diopside inclusions.
The disseminated magnetite ores formed within the calc-silicate veins together with minor sulfides, and are mainly composed of magnetite, chalcopyrite, pyrrhotite, and pyrite together with apatite and scapolite, tremolite, diopside, and minor actinolite and calcite.
The strike rock formation here is unique and early indications show a considerable opportunity for high value minerals
Flat and Unpopulated, Seruwila has ideal mining terrain
A very thorough description and analysis of the geological structures as well as a summary of other exploratory work can be found in Dr. Christian Derosier’s 43-101 document.
Hydro: The region is connected to the main Sri Lankan Power Grid which is supplied by both hydro and thermal sources. A three wires power line (380 volts) follows the paved road linking Selvanagar to Seruwila and crosses the western part of the Seruwila Graphite-Gold Project from south to north.
Roads: Sealed Road Infrastructure A15 can take new capacity heading north from mine to China Bay Port.
Rail Link: The Sri Lanka Railways line passes through the region from Trincomalee Railway Station to Kurunegala and Colombo, at about 33 km west of the property. The railway tracks follow highway A-6, and can be reached at Kantale Station.
Communication Towers: are installed all around. Telephone communications with local or international correspondents are very easy.
Air Transport: There is an International airport to the southwest, at Negombo. The Bandaranaike International Airport, colloquially known as Katunayake Airport and Colombo International Airport, is the main international airport serving Sri Lanka. It is located at 25 km north of the Capital and linked by a new toll expressway. There is a military and domestic airport at Trincomalee with daily services to Colombo.
Deep Water Port: The Trincomalee Harbour is renowned for its large size, depth and security, unlike other in the Indian Ocean. It is accessible in all weather to all crafts.
Conclusion: The region currently has sufficient infrastructure to host medium to large-scale mining operations.
Agreements were concluded with landowner for an initial 8 square kilometres and advance lease payments were made. The agreement is for 33 years (the maximum allowed by Sri Lankan law) and is renewable for 100 years. The company has also acquired another 50 square kilometres of grids with the Geological Survey and Mines Bureau (GSMB) following the graphitic layers to the South-West. Finally, AMECA has obtained the right of first refusal to an additional 100 square kilometres of blocks – including the lands where the BRGM had previously conducted work