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Iluka Resources Ltd.
Summary
| Project: | Murray Basin | |
|---|---|---|
| Deposit: | Murray Basin | |
| Location: | Australia | |
| Commodities: | Ilmenite-Zircon-Rutile | |
| Date: | 2/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-2-2017: Iluka Resources Ltd. announces a Resource Estimation report for its Murray Basin deposit at the Murray Basin project. Updated Mineral Resources at Murray Basin. Following the acquisition of Sierra Rutile Limited on 7 December 2016, Iluka Resour | |
| Resources: | (Resource, Total): 189Mt @ 17.5% HM for 33.0Mt HM contained in situ at project | |
| CP/QP: | [Resources]: Brett Gibson (Internal) | |
| ABSTRACT: | Following the acquisition of Sierra Rutile Limited on 7 December 2016, Iluka Resources Limited is required to report the Ore Reserves and Mineral Resources for this material project. Iluka has also updated the Ore Reserves for all its other material projects, being Jacinth-Ambrosia, Cataby and Tutunup South and its inventory of Mineral Resources as at 31 December 2016. Iluka Resources Limited (Iluka) is the holder of numerous tenements in the Murray Basin covering an aggregate area of ~2,300 square kilometres in Victoria and New South Wales (Figure 1.1). The Murray Basin HM deposits are spread over a large area straddling the New South Wales – Victoria border, stretching about 375 km north-south and 200 km east west. Iluka has been actively exploring in the Murray Basin since 1996 and successfully mined HM deposits in the Douglas and Ouyen regions. The tenements and HM resources contained within the Murray Basin mostly cover privately held land where native title has either been extinguished or excluded from the grant. The HM deposits lie within the Murray Basin which has been described as a shallow, intracratonic Cainozoic basin covering an area of 300,000 km2 in south eastern South Australia, south western New South Wales and north western Victoria. The Murray Basin is flanked by low mountain ranges of Proterozoic and Palaeozoic rocks to the south, east and west. | |
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