MALDORKY PROJECT
The highest grade (30% Fe) Braemar Iron Formation hosted
iron ore project in northeastern South Australia
SUMMARY
Maldorky is a mixed hematite-magnetite iron ore
deposit that contains 147 million tonnes of 30.1% Fe Indicated JORC Mineral Resources.
​
The soft ore is amenable to upgrading to a high quality
65% Fe fines product that is potentially amenable to pelletising.​
FAVOURABLE MINING PARAMETERS
100 metre thick flat slab of iron ore from surface with minor overburden resulting in an exceptionally low waste:ore ratio of 0.19:1 for the proposed open pit mine
FAVOURABLE FOR UPGRADING
Soft, weakly abrasive and low energy processing due to highly fissile nature and the lack of silica (a carbonate-layered silicate matrix).
HIGH QUALITY PRODUCT
Testwork has confirmed that the iron ore can be upgraded to a low impurity 65% Fe product for an efficient 40% yield and 85-88% overall Fe recovery.
MINING FRIENDLY SA
26km to under-utilised railway line that connects to ports to the west. South Australia is a low sovereign destination that enforces world's best practice ESG standards.
APPROVALS
Mining Leases granted.
No known environmental permitting or development issues.
OWNERSHIP
100% ownership of secure mining tenure and surrounding land in low sovereign risk,
mining friendly,
South Australia.
LOGISTICS
Close to railway line (16km) and regional mining centre of Broken Hill (60km)
REGULATION
World's best mining practice
and environmental protection
are enforced in
South Australia.
AN IRON ORE DEPOSIT WITH FAVOURABLE LOGISITCS IN SOUTH AUSTRALIA
New industry in the northeast of South Australia 2018
Iron ore scoping study update 2019
