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