At 4.6bt at 65% Fe, Simandou is the world's largest undeveloped high grade iron ore project. High-grade, low-impurity iron ores can support net zero carbon emissions and deliver varieties of Green Steel.
Port, dual-track multi-user rail and mine development spend of
The company is well advanced on a tenement wide drilling programme. 5,069 metres drilling completed and on track for 15,000 metres by the end of July. Approximately 40 km strike of the highly prospective Simandou banded iron formation has been mapped on the Arrow tenure.
Multiple drill holes and mapping has confirmed potential for high grade iron (ie DALDDH003, 12 metres at 60.1% Fe) mineralisation on the Arrow tenure.
There are 6 rigs on site now testing
Our vision is to be a highly profitable and substantial supplier of DSO to global markets and delivering substantial benefit to the communities where we operate.
*To view the full Update Presentation, please visit:
https://abnnewswire.net/lnk/54B98SBJ
About
Contact:
E: info@arrowminerals.com.au
WWW: www.arrowminerals.com.au
Copyright (C) 2024 ABN Newswire. All rights reserved., source