Peak Hill Iron Project

Project Overview

Aust-Sino's highly prospective Peak Hill Iron Joint Venture is within Aust-Sino's 568 square kilometres of tenements in Western Australia's Mid West region and is part of the Robinson Range Banded Iron Formation (BIF). The project incorporates the Telecom Hill and Mt Padbury deposits.

Project Information

Telecom Hill has an maiden (inferred) JORC Code 2012 compliant resource of 700Mt @ 27.5% Fe, defined from only 4km of a known 10km strike length. Davis Tube Recovery test work has shown the magnetite bearing BIFs can produce high-grade, export quality concentrates.

The company also has a DSO JORC compliant resource of 11.5Mt @ 58.6% Fe within its tenements. The Company has a DSO target of 10Mt to 55 Mt at 55-58% Fe.

As well as the highly prospective Telecom Hill asset, geological mapping at the Mt Padbury prospect has delineated several new iron ore targets with potentially significant platy hematite-goethite mineralisation, with grades of up to 63.2% Fe from rock chip samples.

Drilling is planned at this site once approval is received by the Department of Environment and Conservation.

Achievements to date

  • Maiden Inferred JORC resource delineated at Telecom Hill.
  • JORC 2012 Complaint Resource of 700Mt @ 27.5% Fe. (Indicted Resource of 192 Mt @ 30.0% Fe and Inferred Resource of 508 Mt @ 26.5% Fe).
  • DSO JORC 2012 Compliant Resource of 11.5Mt @ 58.6% Fe. (Inferred Resource).
  • Geological mapping at Peak Hill identified: Magnetite mineralisation, exploration target of 3.5-5Bt at between 25-35% Fe; and hemetite-goethite mineralisation, exploration target of 10Mt to 55Mt at between 55-58% Fe. (DISCLAIMER NOTE: This potential quantity and grades are conceptual in nature. There has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a mineral resource).
  • Conceptual mining study completed to assess the viability and cost of project development; scale of mine and plant production and mining methods.
  • Environmental baseline studies completed with the first flora and fauna studies undertaken at Mt Padbury and Telecom Hill.

Project Map