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

Newswire
December 07 2017
Newswire
February 13 2017

Related Articles

Vanadium periodic table on yellow cube
November 15 2018
Shares of the miner have more than doubled since April, not on recent results but on future prospects in uranium and vanadium
1544472364_oil-worker-silhoette.jpg
Tue
MGX is focused on mining, water (including mineral extraction from brines, eg, lithium) and battery mass storage
periodic table
September 10 2018
W Resources should be in production from La Parrilla next year

© 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