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Fortescue Metals Group

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Summary

Project:

Iron Bridge

Deposit:Iron Bridge
Location:Australia
Commodities:Iron-Silica-Aluminium
Date:4/2/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:2-4-2019: Fortescue Metals Group announces a Resource Estimation report for its Iron Bridge deposit at the Iron Bridge project. JV - updated mineral resources and ore reserves. Fortescue Metal Group (ASX:FMG, Fortescue) presents an update to the Ore Reser
Resources:(Reserve, Prob.): 716Mt @ 67.0% Fe, 5.62% SiO2, 0.29% Al2O3
CP/QP:[Resources]: John Graindorge (Snowden Mining Industry Consultants Pty Ltd.)
ABSTRACT:Fortescue Metal Group (ASX:FMG, Fortescue) presents an update to the Ore Reserves and Mineral Resources statement for its Magnetite properties at 2 April 2019. Ore Reserves and Mineral Resources are reported in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, December 2012 (the JORC Code) as required by the Australian Securities Exchange. This is an update to Fortescue’s annual summary and should be read in conjunction with the supporting technical information (Hematite Ore Reserve and Mineral Resources Report and Magnetite Ore Reserve and Mineral Resources Report) released by Fortescue on 17 August 2018. Fortescue’s Chief Executive Officer, Ms Elizabeth Gaines said “This update supports the development of Stage 2 of our Iron Bridge Magnetite Project announced today which holds Australia’s largest JORC compliant magnetite resource.”

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