Project Overview – Mining overview, location and development plan

Location

The Southdown Magnetite Project is located near the Wellstead community, approximately 90km northeast of the Port of Albany on the south coast of Western Australia. The Southdown deposit extends approximately 12km in length, with the western six kilometres held by the SDJV under three granted mining leases (M70/422, M70/713, and M70/719) covering an area of more than 1700 hectares on freehold farming property. The remaining six kilometres of orebody is covered by an Exploration License E70/2512, also held by the SDJV.

Proven open pit mining methods
It is proposed to mine the Southdown Magnetite deposit using proven open pit mining methods with the magnetite mineralisation being crushed, ground, screened and then magnetically separated to produce a magnetite concentrate. Tailings will be disposed in a tailings storage facility and overburden is to be placed in waste rock dumps.