Location:
Australia, Western Australia
Nearest Landmark:
PANNAWONICA
Distance from Landmark:
50 km
Direction from Landmark:
SE
Latitude:
N/A
Longitude:
N/A
Aquila Resources announced further drilling success at the Hardey Bedded Iron Deposit within its 50% owned West Pilbara iron ore project in Australia. Better intercepts include 162 m @ 65.01% Fe from 52 m in hole HARC148.
Aquila Resources Limited announce that API Management Pty Ltd which is the manager of Aquila’s 50% owned West Pilbara Iron Ore
Project, Western Australia, has signed a Cooperation Agreement with Fortescue to investigate the potential for shared development of port facilities at Anketell Point. The parties to the Cooperation Agreement will exchange information to enable each party to assess the potential benefits of reduced capital and operating costs from the cooperative development of port facilities that can be used not only by API and Fortescue, but other developers of iron ore resources in the West and Central Pilbara, currently unable to develop their projects due to a lack of suitable port infrastructure.
Provide resource update for two zones of Channel Iron Deposits (CID) at the Kumina Creek and Robe Exit Prospects on the Yalleen Iron Ore JV Project. Total resource is estimated at 84.30 Mt grading 57.19% Fe, 5.29% SiO2, 3.75% Al2O3, 0.060% P, 0.016% S and 0.06% Mn.
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