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Location: 131 km N from Derby, Western Australia, Australia
Level 1, 2 Kings Park RdPO Box 55West PerthWestern Australia, Australia6005
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Total Koolan Island Mineral Resources and Ore Reserves comprising the Main, Acacia East and Mangrove Deposits.Koolan Island, Main Deposit The mineralised zone is an overturned enriched haematitic sandstone horizon within the Yampi Sandstone Member unconformably overlying the Elgee Siltstone. It is between 12 and 30 metres thick, and dips 55 to 80o to the south.The Main deposit mineralisation is approximately 2,000 m in length and is currently modelled to approximately 215 m in depth below mean sea level. Mineralisation continues and extends beyond this depth however further infill drilling is required to define this area with confidence. The resource is open at depth.Koolan Island, Acacia East DepositThe mineralised zone is an enriched haematitic sandstone horizon within the Yampi Sandstone member unconformably overlying the Elgee Siltstone. It is between 8 and 20 metres thick, and dips 45 to 60o to the south.The Acacia East mineralisation is approximately 1,500m in length and is modelled to approximately 300 m in depth.Koolan Island, Mangrove DepositThe mineralised zone is an enriched haematitic sandstone horizon within the Yampi Sandstone Member unconformably overlying the Elgee Siltstone. It is between 12 and 30 metres thick. The mineralised unit is overturned and dips from 80o to the south in the west, twisting to right way up and 80o to the North in the east.The Mangrove mineralisation is approximately 1,000m in length and is modelled to approximately 250 m in depth.
