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Rocksteady iron project, Australia

4th October 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Rocksteady iron project, Australia.

Client
Mutiny Gold.

Project Description
The Rocksteady project is located in Mutiny’s wholly owned Gullewa multimineral project licences, in the Murchison region of Western Australia. The project has an initial Joint Ore Reserves Committee-compliant inferred resource of 650 000 t at 54% iron.

A scoping study completed on the project calls for the Rocksteady hematite pit to be mined using the deposit’s old gold pit for ramp access. The plan includes the use of an 8:6 single-panel roster, allowing for maintenance and grade control.

The run-of-mine material will be crushed and screened on site using a crushing contractor, which will potentially produce four products, being a lump fines, and fines of 52% iron and 56% iron.

Value
Not stated.

Duration
Not stated.

Latest Developments
Mutiny is proceeding with the permitting process and the drilling campaign to target an additional 500 000 t to 1.5-million tonnes and to continue with detailed planning and commercial discussions, including offtake negotiations, to rapidly bring Rocksteady into production.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Mutiny Gold, tel +61 8 9368 2722, fax +61 8 9474 3011 or email mgl@mutinygold.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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