Perenjori iron-ore project, Australia
Name of the Project
Perenjori iron-ore project.
Location
Western Australia.
Project Owner/s
Surefire Resources.
Project Description
A scoping study has proven Perenjori to be a low-cost, economically viable operation, producing premium high-grade magnetite concentrate. The study is based on an inferred mineral resource of 191.7-million tonnes grading 36.6% iron.
Ore will be beneficiated using standard crushing and two-pass grinding and magnetic separation.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The scoping study has shown a clear pathway to meeting the company’s 30% internal rate of return hurdle for development.
Capital Expenditure
Not stated.
Planned Start/End Date
No timeframe for development has been set at this stage.
Latest Developments
Sandfire plans to undertake additional resource definition work, in particular ensuring that the stated inferred resource is converted to Joint Ore Reserves Committee-compliant standards.
Key Contracts, Suppliers and Consultants
MinRizon Projects (scoping study), Mintrex (metallurgical work) and CSA Global (mineral resource estimate).
Contact Details for Project Information
Sandfire Resources, tel +61 8 9429 8846 or email info@surefireresources.com.au.
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