Sign up Australia
Proactive Investors - Run By Investors For Investors

Winmar Resources outlines direct shipping iron ore potential at Hamersley

Winmar Resources outlines direct shipping iron ore potential at Hamersley

Winmar Resources (ASX: WFE) together with Cazaly Resources (ASX: CAZ) have revealed positive results of metallurgical test work conducted by the Winmar Exploration Joint Venture (WEJV) at the Hamersley iron project in the Pilbara, Western Australia.

This metallurgical test work provides confidence that the material can be marketed and sold as direct shipping ore after dry crushing and screening the material, or additional de-sliming to further upgrade the product.

The test work used rock chip samples from the October 2012 Reverse Circulation drill program which resulted in an upgraded mineral resource of 343.2 million tonnes at 54.5% iron.

The aim of the test work was to further define product specifications of the shallow ore body in the southwest corner of the deposit, and for use in scoping studies to further understand project economics.

Head assay results from independent mineral processing consultant, Nagrom, indicate that the channel iron deposit grade is significantly higher and more consistent than material previously tested.

The simple dry crushing and screening of chip samples produced an average grade of 58.5% iron, with combined silica and alumina 13% and low levels of other impurities.

WEJV is planning a similar test work program using diamond core samples sourced from future pre-feasibility drilling to confirm these results and for a possible resource upgrade.


View full WFE profile View Profile

Winmar Resources Ltd Timeline

December 07 2017
February 13 2017

Related Articles

cobalt on the periodic table
March 06 2018
Avondale is 13km from the company’s Fifield Project in New South Wales and previous exploration work focused on whether the deposit was rich in platinum group metals.
Cash is about to start flowing into Red Rock's coffers on a significant scale
November 02 2017
Pan Asia Metals is building strength in depth in South East Asia

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use