Radar Iron (ASX: RAD) has established a clear path towards feasibility for the Muldoon Prospect at the Johnston Range Iron Ore Project in Perth, with the recent delivery of a maiden JORC Resource, and will discuss this at the upcoming One2One Forum in Sydney on 6 June.
The company is also focused on expanding and defining its hematite resource inventory through drilling at several targets.
Importantly, Radar’s success so far is already attracting attention, with parties expressing interest in both magnetite and hematite mineralisation. Discussions are underway with regard to fast tracking the exploration and development of the company’s projects.
Managing director Jonathan Lea told Proactive Investors that the delivery of the maiden resource for Muldoon was the first in a series of increased resource steps Radar Iron plans to take. “The aim is to get up to 5 to 10 million tonnes by the end of the year and at that level we then start looking at Feasibility Studies with an aim to mining in 2014,” Lea said.
THE EVENT:
The One2One Forum brings you five presenting companies with presentations starting at 5:30pm.
The event is FREE, but registration IS A MUST.
DETAILS: The event will be held on Wednesday 6th June at the Radisson Blu Hotel, corner of Pitt and O'Connell Street, Sydney from 5.30pm.
The event will be followed by a wine and canapé reception where you can interact with the presenting MD's & CEOs.
SPECIAL EARLY BIRD DOOR PRIZE: If you arrive by 5:15pm and register for the event - you qualify for the draw for the special door prize of a HD James Bond Spy Pen Digital Video Recorder & Camera.
LUCKY DOOR PRIZE: All attendees instantly go into the draw to win 1 of 3 lucky door prizes drawn on the night: a $100 voucher for Radisson Blu Hotel, a $100 travel voucher, and a bottle of Veuve Clicquot Champagne.
FULL PRESENTER LIST
Radar Iron (ASX:RAD)
Radar Iron (ASX: RAD) Radar Iron's key assets include iron ore rights to tenements in the highly prospective central Yilgarn region of Western Australia, with the province rapidly being recognised as having distinct infrastructure advantages over the Mid West and Pilbara regions.
Norwest Energy (ASX: NEW) Norwest Energy is focused on shale gas exploration in the Perth Basin, Western Australia, where it is poised to fracture stimulate and test the key Arrowsmith-2 well. It is also carrying out exploration work in southern UK near the giant Wytch Farm oil field.
ZYL Limited (ASX: ZYL) ZYL Limited is focused on developing anthracite coal projects in South Africa, and has the potential to transition to producer in 2013. The company has already received non-binding expressions of interest for up to 4Mtpa of saleable product.
Latin Resources (ASX: LRS) Latin Resources is focused on exploration and development in the mineral rich country of Peru, with projects including the strategically located Guadalupito Iron & Mineral Sands Project, which has JORC Resource of 119MT at 5.7% Heavy Minerals.
Northwest Resources (ASX: NWR) Northwest Resources is an emerging Australian mining company with a focus on developing its core Blue Spec Shear high grade gold-antimony deposits, which are hosted within the company's flagship Nullagine project in Western Australia.
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