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GRANTS PROJECT

A very large iron ore deposit within a few kilometres of the railway line in northeastern South Australia

SUMMARY

Grants is a large hull-shaped iron ore deposit with a JORC Inferred resource of 304 million tonnes of 24% Fe

(at an 18% Fe cutoff).

Grants Basin is one of the largest iron ore discoveries in Australia in recent decades with an Exploration Target

of 3.5-3.8 billion tonnes of 24-28% Fe

(only 25% of the basin area is drilled).

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VERY LARGE IRON ORE RESOURCES

Pilbara scale project with vast potential resources and potentially decades supply of high quality fines suitable for pelletising.

FAVOURABLE MINING PARAMETERS

Iron ore extends from surface with minor overburden resulting in a low stripping ratio for the proposed open pit mine.

DIVERSE METALS PORTFOLIO

Ore mineralogy is similar to the Maldorky iron ore deposit and beneficiation characteristics are expected to be similar.

MINING FRIENDLY SA

8 km to under-utilised railway line that connects to ports in the west.  South Australia is a low sovereign destination that enforces world's best practice ESG standards.

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APPROVALS

Mining Leases granted.

No known environmental permitting or development issues.

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OWNERSHIP

100% ownership of secure mining tenure and surrounding land in low sovereign risk,

mining friendly,

South Australia.

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LOGISTICS

Close to railway line (16km) and regional mining centre of Broken Hill (60km)

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REGULATION

World's best mining practice

and environmental protection

are enforced in 

South Australia.

VAST IRON ORE DEPOSITS IN SOUTH AUSTRALIA WITH GOOD LOGISTICS 

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Grants Basin iron ore Exploration Target  2019
Exploration drilling commenced at Kalkar
Lab assays confirm Grants Basin 488 metre iron ore intersection  2019
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MOU for use of Port Augusta iron ore export terminal 2020   

KALKAROO

MUTOOROO

MALDORKY

PROSPECT HILL

EXPLORATION

RARE EARTH ELEMENTS (REE)