This is Flinders PIOP (pre 2014)
The PIOP is an impressive proposition, with 917Mt of JORC-compliant resource and plenty of upside potential.
At an exceptional grade of 60% Fe over a significant portion of the resource.
"We know there is enough ore at PIOP to be attractive to anyone in terms of shipping it."
capital expenditure commitments that are modest in comparison with many other iron ore mines.
The mineralisation is predominantly DSO-quality and at a lower strip ratio than other parts of the PIOP resource, resulting in low processing and mining costs.
with capital expenditure commitments that are modest in comparison with many other iron ore mines.
“These results highlight good grades, thicknesses and close proximity to surface,”
“We think ours is probably the best project of all the juniors in the Pilbara – we are well placed, with a high-quality iron ore deposit that is eminently blendable. So we’ll keep looking for solutions until we find one.”
http://www.internationalresourcejournal.com/flinders_mines/
