“wilcherry hill renaissance”saemc.com.au/archive/2009/09abennet.pdf · 2010. 6. 22. · project...

“WILCHERRY HILL RENAISSANCE”RENAISSANCE

SA Explorers ConferenceSA Explorers Conference17th November 2009

Long History of Explorationo g sto y o p o at o

Uranium

Pancon 1960sPancon 1960s

Pb-ZnGold

Aberfoyle 1990’s Anglogold 1990’s

Asarco 1970’s Murumba 1970’s

Shell 1980’s Anglogold 1990’s Acacia 2000’s Aquila 2000’s

T ff d 2000

S e 980 s

Trafford 2000’sIron Ore

IronClad

ADDRESS: Level 1 307 Pulteney St Adelaide SA 5000 Ph: (08) 8224 0411 Fax: (08) 8227 0411 Website: www.ironcladmining.com ACN: 79124990405

IronClad

Location

Existing iron ore and steel industry– Existing iron ore and steel industry

in the region

– Supportive government and

communities

– Multi-user opportunities

– Excellent Infrastructure

• Ports

• Raila

• Road

• Power


Skarn Magnetite ResourcesSkarn Magnetite Resources

• 60Mt @ 31% Fe (JORC)

5k( )

• >150Mt exploration

5km

exploration potential 11Mt @ 30% Fe

• Very low impurities 17Mt @ 23% Feimpurities

ADDRESS: Level 1 307 Pulteney St Adelaide SA 5000 Ph: (08) 8224 0411 Fax: (08) 8227 0411 Website: www.ironcladmining.com ACN: 7912499040532Mt @ 35% Fe

Recent Drilling Resultsece g esu s

• Weednanna– 400m strike, open to north, p– Outcrops

Hole ID From To Interval Fe% Calcined Fe%

SiO2% Al2O3% MgO CaO P%

09WDRC002 44 62 18 61.0 61.5 8.0 1.7 1.41 0.16 0.00509WDRC005 20 48 28 61.5 62.3 6.5 2.1 1.19 0.02 0.01109WDRC016 26 44 18 62.2 64.1 4.2 1.8 0.86 0.03 0.03598WDRC047 102 112 10 62 4 62 8 2 9 1 1 4 89 0 89 0 00798WDRC047 102 112 10 62.4 62.8 2.9 1.1 4.89 0.89 0.00799WDRC063 4 23 19 62.1 63.6 4.8 3.3 0.52 0.02 0.031


Soil

Surface CalcreteMineralisation

Ultima Dam East Trench1 metre

IronstoneIronstone


Wilcherry Hill Iron Ore

‘ this ore body is superior to most…this ore body is superior to most

f th tit j t tlof the magnetite projects currently

d i ti ti i A t li ’under investigation in Australia.’Promet Report Nov 2006Promet Report Nov 2006


Excellent Metallurgical Testworkg

Bl t fBlast furnace grade achieved at

~400 µm !


Project Progressojec og ess

Mining



Processing



Approvals-environmental



ApprovalsApprovals- Mining Lease g

ApplicationNative Title- Native Title participation


Project ProgressProject Progress

Water:-3 prospective water p p

supply options


Project Progressoject og ess

Transport (Stage 1)( g )


Exploration PotentialExploration Potential

EL4162 EL3190

EL3981

EL3690

EL3272 Iron skarns


Banded Iron Formations

Growth Potential at HerculesGrowth Potential at Hercules

DSO GRADE DISCOVEREDDISCOVERED AT HERCULES


Project Developmentojec e e op e

STAGE 1 STAGE 2 STAGE 3 STAGE 4STAGE 1 STAGE 2 STAGE 3 STAGE 4

Direct Shipping O (DSO)

Near DSO ore Magnetite Hercules D l tOre (DSO) Development

~ 1Mtpa export Small plant to 2-4 Mtpa 5-10Mtpathrough Port Adelaide

upgrade 45%Fe to DSO

Commence Dry magnetic Wet magneticCommence 2010

Dry magnetic separation & screening

Wet magnetic separation

Minimum capital and earliest production

Slurry Pipeline to Port Bonython


p y

WILCHERRY HILL PROJECTC OJ C

• Premium product• Excellent location• Low development costp• Strong growth potential


“wilcherry hill renaissance”saemc.com.au/archive/2009/09abennet.pdf · 2010. 6. 22. · project...

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