Company Overview
ASX-listed Iron Ore Holdings Ltd (IOH) owns and manages a diverse portfolio of iron ore projects within the established Pilbara iron ore region of Western Australia.
Since listing on the ASX in May 2005, IOH has progressed a successful strategy of proving up hematite, channel iron deposit (CID) and magnetite resources in its Pilbara tenements.
IOH announced a maiden Mineral Resource at the Dragon Project (within the Western
Hub) of 21.5Mt @ 55.4% Fe on 19 September 2011 increasing IOH's
total JORC Mineral Resource to 1,040Mt. Following settlement of the Koodaideri South
transaction with Rio Tinto the total IOH JORC Mineral Resource totals 934Mt. A number of new discoveries remain untested, and further exploration drilling is planned by the Company in 2011/12 with the aim of increasing the hematite and magnetite mineral inventory.
In addition to ongoing drilling, IOH is fast tracking project feasibility studies and infrastructure access options at the Iron Valley, Bungaroo South and Maitland River Projects with the aim of establishing technical and commercial development solutions for the projects.
IOH has a respected and experienced Board and management team and is well positioned to capitalise on increasing
commercialisation opportunities arising in the Pilbara.
IOH – Pilbara Tenement locations
IOH - Exploration Tenement and Project Details |
||||
Hub | Tenement No | Projects | Exploration Target | Primary Type |
| Central Pilbara | E47/1385 |
Iron Valley |
BID | |
E47/1238 |
Boundary |
Wedge |
BID |
|
E47/1237 |
Phil's Creek |
CID |
||
E47/1239 |
Extension |
Breakaway |
CID |
|
E47/1236 |
|
Coogina |
CID |
|
Western Pilbara |
MLA47/1464 |
Bungaroo South |
|
BID |
MLA47/1464 | Dragon |
| BIF | |
E08/1554 |
Snake |
CID |
||
Coastal Pilbara | E47/1537 | Maitland River | Maitland River | Magnetic BIF |
E08/1849-I | Mardie | Magnetic BIF | ||
BID - Bedded Iron Ore Deposit
CID - Channel Iron Ore Deposit
DID - Detrital Iron Ore Deposit
BIF - Banded Iron Formation