RESTART OF A HIGH GRADE IRON ORE MINE

Peak iron mines

Southern Iron hematite

ABOUT

Peak Iron Mines

In July 2019 Peak Iron Mines finalised a transaction to acquire the Peculiar Knob and Hawks Nest iron ore properties from the administrators of Arrium Limited

Peculiar Knob is a mothballed DSO hematite mine situated on an active mining lease which hosts a remaining 6.8 Mt @ 62.85% Fe, 8.97% Silica, 0.25% Alumina and 0.016% Phosphorous. The project contains a full infrastructure solution, including a 96km sealed haul road and private rail siding linking the project to the Whyalla export port.

The Hawks Nest exploration project, located ~50km south-west of Peculiar Knob hosts a number of DSO hematite deposits as well as a magnetite resource with exploration potential up to ~500Mt

 
 
Contact

Level 11, 28 The Esplanade

Perth, WA 6000

marnus@peakiron.com