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Tech

Radar Iron highly encouraging 69.4% iron concentrate grade from Die Hardy Range

Radar Iron (ASX: RAD) metallurgical test work at the company's Die Hardy Range project is delivering some encouraging results, including a 69.4% iron concentrate grade with 4.1% silica, for a mass recovery of 40.3%.

The results are based on 163 four metre composite samples and confirm preliminary results and most importantly the potential for the mineralisation to be treated to produce a saleable concentrate.

Jon Lea, managing director, added "The relatively coarse grind size and excellent concentrate properties are highly encouraging.”

Radar Iron continues to move exploration forward quickly at the project, with resource drilling over 2 kilometres of strike to continue before a resource estimation is undertaken, with a JORC Resource forecast for later this year.

Based on surface mapping, geophysical interpretation and drilling to date the exploration potential of the Die Hardy mineralisation is estimated to be 700Mt to 1,200Mt at 29% to 33% iron.

The company will also conduct a Scoping Study in the December 2011 quarter to establish the projects viability, along with the required resource size, a preferred infrastructure route and power / water solutions.

Radar Iron's projects are strategically located in the highly prospective Yilgarn iron ore province of Western Australia.

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