INFRASTRUCTURE ACCESS-PORT & RAILRoyal has MOU with Flinders Port Pty Ltd to investigate port options; And HOA with Genesee and Wyoming Australia Pty Ltd to investigate rail options.
NATIVE TITLE AGREEMENTNative Title Mining Agreement was signed with the Ngadjuri Nation Native Title Claim Group covering the Razorback Iron Project Area..
WHY MAGNETITE AND WHY NOWMagnetite currently attracts a $5/%Fe/t premium over the reference fines price.
LOW GRINDING AND POWER COSTSRazorback will produce a clean, high grade concentrate.
LOW STRIPPING RATIOpotential for stripping ratio of close on zero initially.
RAZORBACK JORC RESOURCEExploration activities within the Red Dragon Project area has defined a JORC Inferred Resource of 568.6 Million tonnes at 25.6%Fe.
HUGE TONNAGE POTENTIALAn exploration target potential of 4 – 8 Billion Tonnes at 18 – 45% Fe.
Royal Resources Ltd has recently been awarded the 2013 Premier’s Community Excellence Awards in Mining and Energy for Excellence in Supporting Community Participation. |
Company Highlights
|
|
Winner 2011 Explorer of the YearAustralian Mining Prospect Awards |
|
2010 Best Emerging CompanyDiggers and Dealers |
|
|
Braemar Iron Alliance
|
|
About Royal Resources
Royal Resources Limited is a mineral exploration company exploring for iron ore in South Australia and Western Australia and for uranium in the Northern Territory.
Our main focus is the Razorback Iron Ore Project, a very large magnetite deposit located 240km NNE of Adelaide, South Australia. It is owned 100% by Royal. The project has an exploration target size of 4,800 to 8,000 Million tonnes at grades of 18 to 45% Fe occurring in an infrastructure rich area that has access to nearby existing open user rail, port, power, gas, heavy engineering and dormitory towns.
