Shaw – Iron Ore and Gold
Located adjacent to Hancock’s Iron Abydos Mine, the Shaw Project displays Direct Shipping Ore Potential with BIF assay exceeding maximum detection limit of 50% Fe.
With over 5km of BIF and CID exploration targets, plans for a drilling program is underway.
Shaw Project sits among established gold miners and new discoveries including De Grey, Novo, Calidus and Kairos. Systematic and modern exploration program targeting multiple stacked gold-bearing conglomerate reefs in the Archean Lalla Rookh Sandstone Formation may be undertaken in the future.
Cooletha – Iron Ore
In addition to its lithium prospects, the Cooletha Project also holds 200km2 of potential iron ore prospectivity. Extensive sampling of rocks from topographic ridges within the project area has identified approximately 20 kilometres of CID ridges, returning an average grade of around 56% Fe.
Situated near FMG’s East Pilbara Complex and Hancocks Roy Hill Mine, the location of the Cooletha Project is favourable for iron ore mining operations.