Gindalbie begins feasibility study of Shine iron ore deposit
Gindalbie Metals has commenced a feasibility study on development options of its Shine iron ore deposit following positive mineral resource estimates.
The Shine deposit is part of Gindalbie’s 100 per cent owned Warriedar project in the Mid West region, and is located 40km north-east of its flagship Karara iron ore project.
The feasibility study will analyze all options to develop the Shine deposit with the objective of moving it into production as rapidly as possible, and is expected to be finished around mid-2012.
The company recently consolidated its 100 per cent ownership of the Warriedar project by completing the acquisition of Royal Resources’ 40 per cent interest.
Gindalbie managing director Tim Netscher stated the Shine project resource estimate and feasibility study was a good example of the high quality business development opportunities being pursued by the company outside the Karara project.
source : www.wabusinessnews.com.au
Related News:
- New look at prolonged radiation exposure: At low dose-rate, radiation poses tiny risk to DNA, study suggests
- Toronto study links breakfast with school success
- Losing weight when obese can prevent or cure diabetes, whatever the initial BMI, study suggests
- Study links genes to common forms of glaucoma
- For Paul’s Believers, a Study in American Optimism
- Anxiety increases cancer severity in mice, study shows
- Study points to potential treatment for stroke
- Memory loss with aging not necessarily permanent, animal study suggests
- Prolonged fructose intake not linked to rise in blood pressure, study suggests
- Inherited risk factors for childhood leukemia are more common in Hispanic patients, study finds
Details :
Submited at Wednesday, December 14th, 2011 at 10:00 pm on Business by arrisa
Comment RSS 2.0 - leave a comment - trackback