Bevter, I Agree that a rail line will be a valuable to Hawthorn and other players in the Yilgarn region. Here is the announcement from Mindax (MDX).
I also found a map from one of HAW previous announcements which shows the other miners and their location relative to each other.
Cheers
Commy
Mindax Proposes Rail Corridors to Link Iron Project to Export Port Rail to Port Study for Mindaxs iron project Potential for other Yilgarn Iron Province mines to share link DSO ores plus potentially 5 billion tonnes magnetite Shared infrastructure best for WA Mindax proposes Open Infrastructure the key to unlocking the regions wealth The Directors of Mindax Limited are pleased to announce that the Company has commenced an infrastructure study to determine alternatives for rail and road connections between its Mt Forrest Iron Project and a deepwater port. Mindax is now a significant new player in the emerging Yilgarn Iron Province (YIP) with an extensive drill program testing its DSO iron Conceptual Exploration Targets. The Company is moving towards an upgraded DSO resource position. The Directors of Mindax have initiated a study which will examine infrastructure development options for the Yilgarn Iron Province (YIP). In order to fast track product to a port, the study will assess four potential transport corridors from Mt Forrest to: 1. Esperance Port via Menzies - 160 km new rail track 2. Esperance Port via Leonora - 135 km new rail track 3. Oakajee Port via Mullewa - 440 km new rail track 4. Esperance or Fremantle via Koolyanobbing 240 km new rail track The Study will lead into further infrastructure planning for the provision of power and water. Managing Director Greg Bromley said: With an existing railway only 160 km away at Menzies, DSO resources at Mt Forrest can be fast tracked to market making Mindax a major mover in the emerging Yilgarn Iron Province. A rail link would provide an important lead in to future magnetite production from the area. The magnetite endowment within 50 km of Mt Forrest already includes in excess of five billion tonnes and presents a significant new long term economic potential for the Goldfields Region. Any consideration of rail infrastructure will have to include the common interests of other players in the area. An important element of the study will be to establish the rail requirements that optimise the interests of Mindax, the other miners in the YIP, and the people of Western Australia, Mr Bromley said. To be ready in time for mining, our railway study needs to be kick-started now, he said. To unlock the areas immense wealth and build jobs for WAs people, Mindax is keen to pursue an Open Infrastructure policy with other stakeholders in the area. Mindax has initiated discussions with a number of government agencies and some of the other potential producers in the Yilgarn Iron Province. About Mt Forrest Iron Project Located in the Richardson Ranges, Mindax's 100 percent-owned YilgIron Pty Ltds promising Mt Forrest Iron Ore project lies 150 km north-west of the railway line at Menzies which connects with the Port of Esperance iron ore export shipping facility. The project covers seven mining leases over 50 sq km and includes extensive iron formation as multiple bands within a folded package varying from 200 to 700 metres width, over 17 km of strike. The iron formation includes both magnetite rich zones and hematite-goethite zones. Mindaxs Mt Forrest Project is now developing the Mt Forrest Projects DSO iron opportunity in the emerging Central Yilgarn Iron Province, and Mindax anticipates a new resource report at the end of September. MINDAX LTD Page 3 A parallel study of potentially beneficial magnetite resources is also in progress. Yours sincerely Gregory J Bromley Managing Director For more information: Media: Greg Bromley David Utting Managing Director David Utting Communications Mindax Limited +61 (0) 416 187 462 +61 (0) 8 9485 2600 [email protected] [email protected] www.davidutting.com www.mindax.com.au
Mindax Proposes Rail Corridors to Link Iron Project to Export Port Rail to Port Study for Mindaxs iron project Potential for other Yilgarn Iron Province mines to share link DSO ores plus potentially 5 billion tonnes magnetite Shared infrastructure best for WA Mindax proposes Open Infrastructure the key to unlocking the regions wealth The Directors of Mindax Limited are pleased to announce that the Company has commenced an infrastructure study to determine alternatives for rail and road connections between its Mt Forrest Iron Project and a deepwater port. Mindax is now a significant new player in the emerging Yilgarn Iron Province (YIP) with an extensive drill program testing its DSO iron Conceptual Exploration Targets. The Company is moving towards an upgraded DSO resource position. The Directors of Mindax have initiated a study which will examine infrastructure development options for the Yilgarn Iron Province (YIP). In order to fast track product to a port, the study will assess four potential transport corridors from Mt Forrest to: 1. Esperance Port via Menzies - 160 km new rail track 2. Esperance Port via Leonora - 135 km new rail track 3. Oakajee Port via Mullewa - 440 km new rail track 4. Esperance or Fremantle via Koolyanobbing 240 km new rail track The Study will lead into further infrastructure planning for the provision of power and water. Managing Director Greg Bromley said: With an existing railway only 160 km away at Menzies, DSO resources at Mt Forrest can be fast tracked to market making Mindax a major mover in the emerging Yilgarn Iron Province. A rail link would provide an important lead in to future magnetite production from the area. The magnetite endowment within 50 km of Mt Forrest already includes in excess of five billion tonnes and presents a significant new long term economic potential for the Goldfields Region. Any consideration of rail infrastructure will have to include the common interests of other players in the area. An important element of the study will be to establish the rail requirements that optimise the interests of Mindax, the other miners in the YIP, and the people of Western Australia, Mr Bromley said. To be ready in time for mining, our railway study needs to be kick-started now, he said. To unlock the areas immense wealth and build jobs for WAs people, Mindax is keen to pursue an Open Infrastructure policy with other stakeholders in the area. Mindax has initiated discussions with a number of government agencies and some of the other potential producers in the Yilgarn Iron Province. About Mt Forrest Iron Project Located in the Richardson Ranges, Mindax's 100 percent-owned YilgIron Pty Ltds promising Mt Forrest Iron Ore project lies 150 km north-west of the railway line at Menzies which connects with the Port of Esperance iron ore export shipping facility. The project covers seven mining leases over 50 sq km and includes extensive iron formation as multiple bands within a folded package varying from 200 to 700 metres width, over 17 km of strike. The iron formation includes both magnetite rich zones and hematite-goethite zones. Mindaxs Mt Forrest Project is now developing the Mt Forrest Projects DSO iron opportunity in the emerging Central Yilgarn Iron Province, and Mindax anticipates a new resource report at the end of September. MINDAX LTD Page 3 A parallel study of potentially beneficial magnetite resources is also in progress. Yours sincerely Gregory J Bromley Managing Director For more information: Media: Greg Bromley David Utting Managing Director David Utting Communications Mindax Limited +61 (0) 416 187 462 +61 (0) 8 9485 2600 [email protected] [email protected] www.davidutting.com www.mindax.com.au
HAW Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held