Iron Ridge Project

The Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region of Western Australia. Access is via the Great Northern Highway to Cue, then along semi-sealed roads to Glen Station, then along approximately 10 km of unsealed tracks from Glen Station to the Project. As part of preparation of a feasibility study in relation to the Iron Ridge project, the Company will evaluate contract mining and trucking to minimise upfront capital requirements.

The Project is a greenfield development and therefore requires all infrastructure, equipment, power, water, communications and other services to be established.

The nearest port is Geraldton, located approximately 350 km to the southwest.

Timeline as indicated in Significant Upgrade to Iron Ridge Mineral Resource” Release on 19/03/2019

 

Milestone

Status

Expected Date

Initial Drill Results

Completed

January 2019

Final Drill Results

Completed

February 2019

Updated JORC Mineral Resource Estimate

Completed

March 2019

Metallurgical Testwork

Well Advanced

April 2019

Commencement of Product Offtake Negotiations

Pending

March/April 2019

Commencement of Statutory Permitting Process

Commenced

March 2019

Preliminary agreements on road ore haulage and Port storage and handling services

Pending

June 2019/September 2019 Quarter

Feasibility Study 

Pending

December 2019

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