The Jack Hills iron ore project in Western Australia is estimated to have a resource of over one billion tonnes of iron ore. This came in announcement by Murchison Metals, who have an equal stake in the project with the Japanese company, Mitsubishi.
The confirmation of the scale and high quality of the resource represents a significant boost for the proposed Stage 2 expansion of the Jack Hills Project to make it the premier large-scale, long-life iron ore producer in the mid-west region of Western Australia.
The Jack Hills Resource now stands at:
· 96 Mt @ 58.7% Fe Direct Ship Ore (DSO)
· 991 Mt @ 34.1% Fe Beneficiation Feed (BFO.
A comprehensive metallurgical bulk testing program by ProMet Engineers has demonstrated that the BFO will produce a high quality, high value iron concentrate using conventional crushing and grinding followed by wet low-intensity magnetic separation.
ProMet principal metallurgist Brian Povey said the metallurgical characteristics of the BFO mineralisation made the Jack Hills resource "one of the best magnetite orebodies currently under development in Australia."
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