The Anglo Saxon gold JV at Pinjin (Hawthorn 70% ,Gel Resources 30%) has begun trucking low grade stockpiled ore to the Paddington Mill in Kalgoorlie.
Also looking at an expansion of pit or JV or sale
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• Draft Magnetite Pre Feasibility Study (PFS) completed by Hancock Magnetite Projects Pty Ltd.
• Mt Bevan magnetite resource can achieve a Direct Reduction grade of 70%Fe, post beneficiation.
Draft PFS confirms exceptional grade ,quantum of resource and positive metallurgical test results of the Mt Bevan magnetite which will produce a beneficiated, premium product of 70%Fe .
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• Drilling underway on the Mt Bevan lithium and other minerals JV with a 6000-8000m program planned.
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Other Stuff
The company’s other assets include the small Edjudina Mining Lease (HAW 100%) (mm how much??) and
a 10.6% interest in the unlisted explorer, Black Raven Mining Limited. Given the focus on the Mt Bevan JV assets with Hancock and Legacy, both of these assets remain under review and potential disposal
