Ferrum Crescent Limited
Exploration complete – viable for development
NEW STRATEGY. NEW START.
JORC resource (2012 compliant) 300Mt+
with significant upside
30 year mining licence granted
High quality product will attract a premium;
high in grade (beneficiates to 67-70% Fe) and
low in impurities (Si, Al, P, etc).
Domestic and international steel producers
and traders with signed MOUs for offtake
Low stripping ratio, 30 year Mining Licence Granted, EIAApproved
Total mineral resource:
307Mt at 26.9% Fe: including 172.1Mt Inferred at 25.3% Fe; 52. 83.0Mt Indicated at 27.4% Fe;
52.6Mt Measured at 31.3% Fe
Beneficiates to 67-70% Fe, < 2% silica with v. low alumina and phosphorus (suitable for pellets)