Iron Ore Exploration

The Company completed a drilling program at four priority iron targets at its Jackson and Johnston Range tenements in 2010, however the results from this program did not support the prospectivity suggested by earlier surface sampling.

Following an independent review the Company sold the majority of its iron assets to Radar Iron Ltd as announced on 16th February 2011. (To view the announcement click here)

The Company still retains some iron rights on several tenements within its portfolio.