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.

Photo Gallery


Diggers and Dealers Conference 2010
Razorback Ridge
Drilling at Razorback
Drilling at Razorback
Drilling at Razorback

Razorback Ridge
MD, Marcus Flis at Razorback Site
Razorback bedded iron formation
Razorback core yard
Razorback core cutting

Razorback Project Manager, Gavin England with core sample
Directors in Razorback adit
Razorback adit entry
Razorback adit
Razorback adit - Interbedded iron formation

Razorback adit
Razorback site visit
Razorback site visit
Adit Razorback Ridge
Razorback Camp

Drilling at Razorback
Razorback - Bedded iron core sample
Drilling at Razorback
Razorback - core samples
Sampling at Razorback

Razorback Ridge
 

Sales of low grade magnetite resources expressed as $ per tonne of 100% Fe in 2011 dollar terms