CuFe Ltd (ASX:CUF) executive director Mark Hancock discusses with Proactive a ‘significant’ maiden inferred mineral resource estimate of 12.7 million tonnes at 55.4% iron for its 50%-owned Yarram Iron Ore Project, just 110 kilometres from Darwin Port in the Northern Territory. The resource includes a high-grade core of 5.6 million tonnes at 60.4% iron at the Kraken deposit and, importantly, 66% of the inferred resource is on an existing mining lease.
CuFe welcomes significant maiden resource for Yarram Iron Ore Project
