Key Projects Readying for Mining via Strategic Partnership

Mindax controls two advanced exploration projects in iron and uranium, the iron project which is transitioning from exploration to mining.

• Mt Forrest Iron Project:  Mindax is pleased with its DSO and excellent quality Potentially Beneficiable Magnetite (PBM) which  marks out  Mt Forrest as a significant location in the emerging Yilgarn Iron Province.

   

  The JORC stands  at 1.01 billion tonnes @ 31.4% Fe.  An initial DSO operation can exploit the  JORC of 4.5 m tonnes @ 54% with just under 2/3 in already in the indicated category. In addition there is very significant material with grades lying between magnetite and DSO in purity.  Leases for transport corridors to the Menzies railhead are in place and negotiations with rail, port and other infrastructure partners are well advanced.

 

• Uranium Project at Mukinbudin in Wheat Belt Paleochannels:  Uranium at 0.63% U₃O₈ (5368 ppm U) and 0.24% U₃O₈ (2000 ppm U) encountered at Mindax controlled YAJV at Yandegin Prospect, Mukinbudin WA

  
  This deposit is well suited for the (ISR) insitu recovery process used by Heathgate Resources Pty Ltd at the Beverley uranium mine in South Australia.  The YAJV is a Mindax managed co-operation between Mindax and Heathgate's Quasar Resources Pty Ltd.

   

  Encouraging uranium prospectivity marks this area as a new uranium province which has been proven by Mindax's successful greenfields exploration.  Mindax now controls almost all of the paeleochannel.

Other Projects Well Advanced

• Mortlock JV (Mindax Energy Pty Ltd - Copper-Gold.  This project is looking for large copper-gold systems close to Perth
• Meekatharra North Gold
• Sandstone Wide Gold
• Bulga Wide Iron

Mr Gilbert George BSc (Hons) MEc
Non-executive Chair

With a Masters Degree in Economics from a prestigious Japanese university, Gilbert has a wide range of experience in international business development and management.   In addition to exceptional business credentials he has worked hard for the charities sector and also has his hand in script and film development in the Indie sector that fosters up-and-coming new talent.

Formerly a senior bilingual Australian embassy official in Tokyo, he established his own business development consultancy in 1988.  He is the principal of Gilbert George & Associates Pty Ltd which has provided strategic advice to companies in Australia, Africa, Japan, the US and Europe and been involved in over $950 million of new investment in Australia, in the resource, IT, food processing and service sectors. Resource experience includes Iron, Gold, Manganese, oil and heavy mineral sands.

He holds directorships in the following unlisted companies: Bedley Holdings Pty Ltd, Ocean Power Technologies (Australasia) Pty Ltd and Governor Holdings Pty Ltd. Gilbert has also been a member of a number of charities and government and international advisory committees, including Anglicare and the Asian Round Table.

In October 2009 he was appointed as an independent member on Japan’s most innovative wave energy body, the Tokyo Wave Power Initiative, a committee including the city of Tokyo, regional governments and national agencies involved in the promotion of Japan’s new energy sources.

Gilbert joined the board in 2004 in a non-executive capacity and is a member of the Remuneration and Audit Committees of Mindax Limited.

Mr Gregory J Bromley  ARMIT, FAusIMM, CPGeo
Managing Director

Before launching into the clever exploration of the Yilgarn Craton’s mineral wealth, Greg was a senior exploration geologist, a consultant and top company executive in some of the big hitters in Australia’s exploration and mining development.  He has brought this expertise to bear on the Yilgarn Craton being one of world’s foremost experts in its mineral rich geology.

Greg brings together formidable exploration experience in conjunction with cutting edge geophysical and geochemical computation and modelling which assists in identifying and quantifying potential ore bodies, new or passed over by less advanced technologies.

His early career was with the CRA Group (now Rio Tinto) where he undertook exploration project assignments Australia-wide and identified gold in the Labouchere area, diamonds in the West Kimberley and Nickel at Honeymoon Well.

In 1987 he joined the Normandy Mining group and through the next decade filled a number of senior roles including Exploration Manager WA, Exploration Technical Manager for the Normandy group throughout Australia and Group Consultant for Europe, Africa and the Americas.

Since 1996 he has been the principal of Bromley & Co, Consulting Geologists operating locally and in Africa, Asia and Latin America. This has included management of the Agbaou gold project in Cote d’Ivoire, assignments at the Chirano gold project in Ghana and the Kroondal platinum project in South Africa. He contributed to the Barra Resources IPO and has consulted to Sipa Resources on their local exploration and business development programs.

Gregory joined the Board of Mindax Limited in 2003 as founding Managing Director.

Greg is also chairman of the Yilgarn Iron Producers Association (YIPA Inc), the peak industry body representing the interests of iron companies in the central Yilgarn Iron Province (YIP).
In the YIP, all billion tonne plus iron projects are represented on YIPA and most smaller companies are members.

Mr Andrew Tsang
Non-executive Director

An Australian citizen who was born and educated in China, Andrew is a self made, dynamic business entrepreneur, who has successfully established and run construction, engineering and property development businesses both in China and Australia as well as establishing successful import agencies for Australian manufactured goods into China.

Andrew has a keen understanding of the international trade environment and is perfectly suited to his position with Mindax.  Given his expertise in the vertical integration of business units within China and Australia, the company gains significant benefits from his input.

Andrew joined the board on 28 March 2008 in a non-executive capacity and on 20 August 2008 was appointed a member of the Remuneration Committee of Mindax Limited.

Mr Benjamin Chow AO BE

Mr Chow is a distinguished Australian, who has a business background in engineering, property development and leadership in the Chinese and Australian financial sectors.

Benjamin has worked continuously in the land development industry both in Australia and South East Asia.

He chaired the Council for Multicultural Australia which assists the Australian Government implement its multicultural policies.  He has previously served as President of Australian Chinese Community Association of NSW, President of Chinese Australian Forum of NSW and Vice-President of the Ethnic Communities Council of NSW.

He is a former member of the Council of the National Museum of Australia where he served two terms of three years, a member of the Bond University Council, President of Sydney University Nerve Research Foundation, a Trustee and current Chairman of Australian Chinese Charity Foundation and a Director of Chain Reaction Foundation Ltd. Mr Chow is also a Director of Invocare Limited, an ASX listed company.

Benjamin joined the board in October, 2009.

Mr Angelo Francesca B. Bus (Curtin University); CPA; FTIA
Company Secretary

Angelo is Certified Practising Accountant, with16 years experience in public practice providing corporate, taxation and advisory services in the dynamic WA mining and exploration industries.

Angelo holds a Bachelor of  Business from Curtin University and is a CPA and FTIA.

He is on the Board of a private charitable foundation involved in philanthropy.

He is a director and equity holder of a medium sized accounting practice, FJH Solutions. He has provided, and continues to provide, client support across a wide range of industries including mining and exploration to private and public companies.

No info available.