Summary

Mine Type	Open Pit
Study Completed	Preliminary Economic Assessment
Study in Progress	Prefeasibility
Stage	Permitting
Commodities	Heavy Minerals Garnet Ilmenite Zircon Rutile
Mining Method	Dry mining
Mine Life	...
Snapshot	On 12 Sep 2022, Heavy Minerals Limited announced the results of the Port Gregory Scoping Study and Preliminary Economic Assessment. Metallurgy results for the Port Gregory Garnet Project highlight that the potential products produced could be marketed as blasting grade products and water jet cutting products. The ilmenite stream has the potential to also add revenue to the project as a valuable by-product. On 10 July 2023, Heavy Minerals updated the Mineral Resource estimate for the Port Gregory Garnet Project, increasing it by 23%. As of the end of 2025, Pre-Feasibility Study (PFS) work for the Port Gregory Garnet Project was ongoing, and the PFS was near completion. On 23 Oct 2023, Heavy Minerals announced the commencement of permitting activities for the Port Gregory project. The Company has received all documentation for the Mining Lease Application for Port Gregory which it intends to lodge in Q1 2026.

Deposit type

• Mineral sands

Summary:

The deposit style is a combination of dunal and fluvial / marine sediments. Heavy mineral accumulations are preserved throughout the stratigraphic sequence.

The local geology is dominated by dunal accumulations of grey to brown to white sand and Limesand. These sediments are thought to be Quaternary in age and overlay Silurian aged Tumblagooda Sandstone which is composed of a Red-bed sequence of sandstone; siltstone; and minor conglomerate. They locally appear to have been deposited in an embayment eroded into the Tumblagooda Sandstone.

The Limesand has been partially indurated with carbonate cementation and sandy limestone is locally developed. The older the formation the more induration appears to be developed.

Dimensions
The Mineral Resource field for the Project is approximately 5 km in length (at the longest point) and approximately 3 km wide (at the widest point). Depth of the Mineral Resource typically ranges from 10 m to 60 m depth dictated by the morphology of the project region and limestone basement.

Mining Methods

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Comminution

Crushers and Mills

Processing

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Commodity Production

Operational metrics

Metrics
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Ore tonnes mined, LOM	....