Watch Royal Resources webcast live from the Basement at: Monday 5th September Sydney Time Royal Resources (ASX:ROY) - Magnetite at Razorback Time: 19:00 - 19:20 The Razorback Iron Ore Project is a very large magnetite deposit located 240km NNE of Adelaide, South Australia. It is owned 100% by Royal. The project has an exploration target size of 4,800 to 8,000 Million tonnes at grades of 18 to 45% Fe occurring in an infrastructure rich area that has access to nearby existing open user rail, port, power, gas, heavy engineering and dormitory towns.