Spearhole Project Development StudiesDynasty plans has commenced...

Spearhole Project Development Studies

Dynasty plans has commenced commercial investigations that will cover preliminary mine planning, beneficiation process design, mining and processing costs, transport infrastructure, capital costs, environment and native title clearances, and government approvals. These investigations will form the basis for a pre-feasibility study.

The potential development of Dynasty?s Detrital Iron deposit is likely to benefit from the following economic advantages:
- Economies of scale (>15 million tonne per annum operation);
- Low mining costs due to a low to negligible strip (waste to ore) ratio and a free digging, relatively soft, unconsolidated iron deposit;
- Simple physical processing to achieve marketable grades of iron and silica; and
- Sweet spots, high-grade zones and hematite ores all contribute to uplift average grades.

E.