SHARE PRICE: A$0.190

Gawler Iron Project

 

The Gawler Iron Project has the potential for a small 1-2 Mtpa development that may provide early sustaining cash flows.  Following successful completion of an earn-in, Iron Road now holds 90% of this project.  A scoping study is now underway and is expected to be completed in mid-2013.


Preliminary test work indicates excellent beneficiation characteristics, with of results of 67-71% Fe recorded at a grind of -106 micron (p80).  Overall, a high quality iron concentrate is expected, with similar characteristics to CEIP product specifications.


Conceptually, Iron Road is considering a modular plant layout, with the majority of the modules and equipment designed for rail transport.  The Gawler Iron project is approximately 25 km from the Trans Australian rail network, which links to multiple bulk ports.


A dry process flow sheet will be considered, minimising the project water requirements and costs associated with water supply.


Prior to Iron Road, the area had not been systematically explored for iron ore despite reconnaissance drilling of surface outcrops by the South Australian government in the 1960’s that identified several BIF-hosted iron deposits.

Read more: Gawler Iron Project

Latest ASX announcements

More Announcements

Project News

Latest tweets

Join the conversation