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Location: 16 km N from Newman, Western Australia, Australia
Floor 2, 8 BishopsgateLondonUnited KingdomEC2N 4BQ
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Project is held as a joint venture between the Iron Ore Company of Australia (90%) and Windfield Metals Holdings Pty Ltd (previously Windfield Metals Pty Ltd) (10%).
Iron Ore Company of Australia Pty Ltd is the Manager and Operator of the Hancock Project.
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The tenement area consists of a series of low east/west running rocky ridge lines separated by shallow valleys. The area has been structurally deformed with the presence of numerous fold hinges, some isoclinal, but all trending east/west with a shallow (<34°) plunge. Most of the ridge lines consist of Banded Iron which is part of the Weeli Wolli Formation. The Weeli Wolli Formation is described as a thick succession of jaspilite, shale, and dolerite overlying the Brockman Iron Formation. The iron formations stand out as ridges on which there is some exposure, but the intervening shale and dolerite are rarely exposed.At Sirius Extension, a single high-grade BIF domain has been modelled with an overlying low grade cap. The high-grade BIF unit has been split into high and low SiO2 domains based on a statistical review. At Ridge C and Ridge E, the dip of the BIF unit was inferred from the ridge topography and the onsite observations with a shallow dip of 15 to 20 ° used. At Sirius Extension, a steeply dipping BIF unit was created based on the HW / FW contacts with the assumption that the unit forms part of syncline extended from the neighbouring licence and where a resource has previously been reported. An overlying weathered cap has been created at Sirius Extension. This is based on logging and geochemical data where an increase in LOI, AL2O3 is observed along with a decrease in Fe.DimensionsSirius Extension = ~450 m strike by 60 m width by 150 m down dip Ridge C = ~1,200 m strike by up to 12 m width / thickness by 150 m down dip Ridge E = ~1,500 m strike by up to 10 m width / thickness by 80 m down dip
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