The highest grade (30% Fe) Braemar Iron Formation hosted
iron ore project in northeastern South Australia
FAVOURABLE MINING PARAMETERS
100 metre thick flat slab of iron ore from surface with minor overburden resulting in an exceptionally low waste:ore ratio of 0.19:1 for the proposed open pit mine
FAVOURABLE FOR UPGRADING
Soft, weakly abrasive and low energy processing due to highly fissile nature and the lack of silica (a carbonate-layered silicate matrix).
HIGH QUALITY PRODUCT
Testwork has confirmed that the iron ore can be upgraded to a low impurity 65% Fe product for an efficient 40% yield and 85-88% overall Fe recovery.
MINING FRIENDLY SA
26km to under-utilised railway line that connects to ports to the west. South Australia is a low sovereign destination that enforces world's best practice ESG standards.
Mining Leases granted.
No known environmental permitting or development issues.
100% ownership of secure mining tenure and surrounding land in low sovereign risk,
Close to railway line (16km) and regional mining centre of Broken Hill (60km)
World's best mining practice
and environmental protection
are enforced in