Fenix’s 100% owned Iron Ridge Project hosts a JORC-compliant total Mineral Resource of 10.5Mt at 64.2% Fe, 3.26% SiO2, 2.57% Al2O3 an 0.046% P. Of this resource, more than 95% is in the indicated category. 

Classification
Tonnes
Fe
Al2O3
LOI
P
SiO2
TiO2
 
Mt
%
%
%
%
%
%
Indicated
10.0
64.3
2.56
1.90
0.046
3.21
0.09
Inferred
0.5
63.2
2.80
3.13
0.046
4.41
0.12
Total
10.5
64.2
2.57
1.96
0.046
3.26
0.09

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