Fenix Resources intersects high-grade iron ore in Iron Ridge resource definition drilling
The company expects results from metallurgical work to be available in February and a new mineral resource to be completed in March.
Company
ASX:FEX
Fenix Resources is a fully integrated mining, logistics and port services business targeting to achieve an annual production rate of 4 million tonnes of iron ore during 2025 from its assets in the Mid-West region of Western Australia. High quality iron ore products are transported by road to Geraldton using the company’s 100% owned Road Logistics business.
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The company expects results from metallurgical work to be available in February and a new mineral resource to be completed in March.