Mineral Resource Statement


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

 

Colomi MRE JORC Table 1