FerrAus Limited announced that the iron ore reserve estimate has increased to 163 million tonnes, at 57.4 per cent Fe, for the Pilbara Projects in Western Australia, including Davidson Creek, Robertson Rance and Mirrin Mirrin.
Ferraus announced assay results of the reverse circulation infill drilling program at Mirrin Mirrin prospect within Davidson Creek project located in Western Australia. Also the company reported a 75% increase in conversion of inferred resources to indicated resources, up to 85 Million Tonnes.