Mount Philp

  • 54km SE of Mount Isa and 50km SW of Cloncurry
  • Within 25km of Mount Isa – Townsville railway
  • Total > 30Mt Indicated and Inferred Resources
  • Flotation testwork indicates high grade (68% iron) product can be produced
  • Application for Mineral Development License submitted
19.11 Mt at 41.42% Indicated
  11.40 Mt at 33.82% Inferred

(pls refer to 2013 september acquisition proposal announcement and 2013 annual report)