$10m Market cap should hold up when you have!
Tier one Green steel, $Billions in future market cap value
Iron Bear Project Highlights
1. Asset located in Canada, less than 25km from an open access heavy haul railway connected to an open access iron ore export port
2. World class 100% owned Iron ore mineral resource of 16.6 billion tonnes @ 29.3 Fe% (inferred 14.51 tonnes (billion) and indicated
2.15 tonnes (billion) JORC 2012 compliant) (refer ASX announcement 11 April 2024)
3. Pilot Plant production of high quality DR grade concentrate grading 71,3% Fe and 1.1% SiO2 with high yields due to an exceptional low impurity ore body (refer ASX announcement 23 April 2024)
4. Rapid project development plan with bulk samples of DR and BF concentrates available for steel mill clients in Q3 2024
5. Cyclone’s development plan is focussed on establishing an asset-based JV with a Tier 1 miner or steel producer, in order to bring the Iron Bear project to Decision to Mine and provide the CAPEX
Plus $5m current est value EUR shares
Plus other projects, tenements listed on website DYOR
- Forums
- ASX - By Stock
- Ann: Cyclone Secures Funding to Progress Iron Bear Project
$10m Market cap should hold up when you have! Tier one Green...
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