West Pilbara Iron Ore Project

Exploring for High Grade Lithium  

Project Location & Area:​

• Located in the Pilbara, one of the world’s premier iron ore producing regions

• Situated 13km north of Rio Tinto’s Mesa A Mine, and near CZR’s Robe Mesa and Macro’s Deepdale

• ~150km southwest of Ashburton Port (Onslow), and 380km northeast of Port Hedland via sealed roads

• Excellent proximity to existing infrastructure including highways and export routes

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Project History:​

• Internally generated project targeting Channel Iron Deposit (CID) mineralisation

• Two phases of rock chip sampling completed, defining mineralisation over 2.4km of strike

• Grades consistently exceed 50% Fe, with low impurity profiles and strong calcined iron results

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Value Drivers:​

• Multiple rock chip assays exceeding 50% Fe, with low Al₂O₃, SiO₂ and P

• High-grade assays include:

  • 55.27% Fe, 62.4% CaFe, 6.74% SiO₂, 2.27% Al₂O₃, 0.02% P

  • 54.94% Fe, 62.22% CaFe, 7.10% SiO₂, 2.10% Al₂O₃, 0.015% P

  • 54.66% Fe, 61.48% CaFe, 8.12% SiO₂, 2.01% Al₂O₃, 0.01% P

  • 54.19% Fe, 60.78% CaFe, 7.65% SiO₂, 2.66% Al₂O₃, 0.20% P

  • 53.73% Fe, 60.27% CaFe, 8.88% SiO₂, 2.65% Al₂O₃, 0.012% P

  • 53.05% Fe, 59.35% CaFe, 11.62% SiO₂, 1.90% Al₂O₃, 0.02% P

  • 52.14% Fe, 57.98% CaFe, 12.50% SiO₂, 2.57% Al₂O₃, 0.02% P

  • 51.66% Fe, 58.05% CaFe, 9.96% SiO₂, 4.09% Al₂O₃, 0.12% P

  • 50.41% Fe, 56.39% CaFe, 12.61% SiO₂, 3.83% Al₂O₃, 0.02% P

• Mineralisation confirmed as goethite-rich pisolitic CID, similar to major nearby deposits

• Next steps: detailed mapping, geophysical targeting, and first-pass drilling upon grant of tenure

• Strong strategic positioning alongside Tier-1 operators in a world-class iron-producing region