JORC Certified Mineral Resource of over 5 Billion tonnes:
The company has drilled over 152 holes (19,000m) resulting in an Independent JORC certified resource of 5 billion tonnes across two areas: Colomi South and Colomi North (GE21, 2024).
Colomi South | Colomi North | Total | ||||
Category | Tonnes (Mt) | Fe (%) | Tonnes (Mt) | Fe (%) | Tonnes (Mt) | Fe (%) |
Indicated | 542 | 29.7 | 427 | 25.1 | 969 | 27.7 |
Inferred | 829 | 31.6 | 3,261 | 25.0 | 4,090 | 26.4 |
Total | 1,371 | 30.9 | 3,688 | 25.0 | 5,059 | 26.6 |