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Atlas Iron Ltd.
Summary
| Project: | West Pilbara | |
|---|---|---|
| Deposit: | Pilbara | |
| Location: | Australia | |
| Commodities: | Iron | |
| Date: | 8/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-8-2017: Atlas Iron Ltd. announces a Resource Estimation report for its Pilbara deposit at the West Pilbara project. Mineral resource statement for project, unchanged since last estimate. Atlas Iron Limited (ASX: AGO) advises on its Mineral Resources an | |
| Resources: | (Resource, Inf.): 38Mt @ 53.6% Fe | |
| CP/QP: | [Resources]: Leigh Slomp (Internal) | |
| ABSTRACT: | Atlas Iron Limited (ASX: AGO) advises on its Mineral Resources and Ore Reserves as at 30 June 2017. The reported Mineral Resources and Ore Reserves at Atlas’ operating Abydos and Mt Webber mines as at 30 June 2017 reflect production depletion as a result of 14.4m wmt shipped during FY2017. Atlas ceased mining operations at Wodgina in April 2017 pursuant to an exit plan agreed with Mineral Resources Limited. Atlas no longer reports any Mineral Resource at Wodgina. Atlas reports a modest Ore Reserve at Wodgina, reflecting its right to access stockpiles of crushed material at the site until April 2018. Mineral Resources and Ore Reserves for the Corunna Downs Project have not changed since Atlas updated the market about the results of its Definitive Feasibility Study for the Project (see release dated 21 December 2016). Full details of Atlas’ Mineral Resources and Ore Reserves as at 30 June 2017 are set out in Appendix 1 to this announcement. | |
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