PILBARA IRON ORE PROJECTS
(CAZ 100%)
The Company has five distinct project areas, within the Pilbara region, that are all prospective for iron ore mineralisation.
Hamersley Project
The Hamersley Project covers approximately 85km2 and lies approximately 50km NE of the Tom Price township in the Pilbara Region of Western Australia. The Hamersley Project is strategically placed amongst existing infrastructure and emerging new projects. Existing infrastructure includes major roads and third party railway lines crossing through the Hamersley tenement.
The Company has discovered a large zone of channel iron hosted iron ore mineralisation following excellent assay results from drilling at the Hamersley Project. The Company completed a first pass program of reverse circulation (RC) drilling comprising 18 holes for 1,795m. Results have proven to be highly encouraging and potential exists for the delineation of a substantial resource of iron ore.
Significant Intersections from RC drilling Hamersley Project
Hole ID | East | North | From | Length | Fe% | CaFe1000 | SiO2% | Al2O3% | P% | S% | LOI1000 |
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PLRC0001 | 604174 | 7529174 | 24 | 18 | 51.93 | 53.19 | 17.46 | 5.05 | 0.03 | 0.03 | 2.37 |
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| 48 | 10 | 52.20 | 53.65 | 14.84 | 6.95 | 0.03 | 0.02 | 2.70 |
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| 60 | 10 | 55.15 | 56.61 | 11.20 | 6.39 | 0.04 | 0.02 | 2.58 |
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| 84 | 2 | 54.33 | 57.27 | 12.09 | 4.41 | 0.05 | 0.01 | 5.13 |
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| 98 | 38 | 56.19 | 59.01 | 8.51 | 5.62 | 0.05 | 0.02 | 4.78 |
PLRC0002 | 604347 | 7529352 | 36 | 22 | 51.94 | 53.53 | 17.32 | 4.61 | 0.04 | 0.04 | 2.98 |
PLRC0003 | 604539 | 7529532 | 78 | 24 | 56.00 | 58.58 | 11.17 | 3.58 | 0.04 | 0.01 | 4.40 |
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| 104 | 8 | 51.23 | 54.33 | 12.03 | 7.33 | 0.04 | 0.01 | 5.70 |
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| 114 | 6 | 53.42 | 57.14 | 10.33 | 5.53 | 0.06 | 0.01 | 6.51 |
PLRC0004 | 604712 | 7529704 | 14 | 2 | 50.74 | 53.84 | 11.79 | 7.94 | 0.04 | 0.01 | 5.75 |
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| 80 | 44 | 53.99 | 58.15 | 11.29 | 3.74 | 0.05 | 0.01 | 7.16 |
PLRC0005 | 604908 | 7529900 | 88 | 20 | 54.86 | 58.45 | 9.81 | 4.80 | 0.04 | 0.01 | 6.15 |
PLRC0006 | 605109 | 7530110 | 116 | 4 | 52.60 | 55.45 | 9.97 | 8.42 | 0.02 | 0.02 | 5.15 |
PLRC0010 | 604349 | 7530068 | 96 | 40 | 56.56 | 60.33 | 8.62 | 3.85 | 0.04 | 0.01 | 6.26 |
PLRC0011 | 604523 | 7530253 | 102 | 41 | 55.83 | 59.95 | 9.02 | 3.72 | 0.05 | 0.01 | 6.86 |
PLRC0017 | 604253 | 7530678 | 106 | 4 | 51.98 | 53.52 | 16.21 | 5.46 | 0.02 | 0.00 | 2.87 |
Coordinates refer to WGS84 Zone50 |
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2m composite samples, riffle split |
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Analyses conducted by Kalassay Laboratories in Perth using XRF spectrometry on fused bead with Loss on Ignition (LOI) |
determined by Thermo-Gravimetric Analysers at 1000ºC. |
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Calcined Fe (CaFe) calculated by the formula CaFe% = (Fe%)/(100-LOI1000))*100 |
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Intervals using 50% Fe cut off with internal dilution > 45% Fe |
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