The probable reserves of Hawsons iron project are estimated to be 755Mt graded at 69.9% Fe. The indicated reserves are estimated to be 840Mt graded at 69.9% Fe, while the inferred reserves are estimated to be 1,660Mt graded at 69.7%.
The project is estimated to have a life of 50 years and will produce ten million tonnes per annum (Mtpa) of Hawsons Supergrades® product.
CAP Price at posting:
17.0¢ Sentiment: None Disclosure: Held
