Advanced, iron ore project located in Northern Territory

OwnershipFEL operate and hold a 50% interest in the Yarram Iron Ore JV
OverviewYarram has been the subject of significant historical exploration including a 2014 drilling campaign that confirmed the presence of high grade iron ore mineralisation
Location/ Infrastructure~110km from Darwin Port in the Northern Territory and adjacent to existing underutilized mining infrastructure. Yarram is partially located on an existing mining lease on freehold land.
ResourceBased on the 2014 drilling information, FEL has determined an exploration target of 4Mt to 6Mt with a grade range of 60% – 62% Fe
Historical Drill Intercepts
  • 108m @ 65.6% Fe, 2.3% SiO2, 1.8% Al2O3, 0.037% P from 18m in hole RJRC0119
  • 65m @ 66.4% Fe, 2.0% SiO2, 1.5% Al2O3, 0.022% P from 13m in hole RJRC069 (hole finished in 65.9% Fe)
  • 35m @ 62.9% Fe, 4.3% SiO2, 1.6% Al2O3, 0.045% P from 23m in hole RJRC0106