Iron Ore
MINES & PROVEN PROSPECTIVITY IN AN EXTENSIVE TENEMENT POSITION
Goldzone has DSO and Magnetite rights in 53 tenements covering over 1,580 sq km, with third parties responsible for meeting the holding costs for 41 of these tenements, materially reducing Goldzone’s financial exposure.
- Up to 66% Fe in 45 km trend within GZI tenements
- Extensive deposits within GZI tenements
- DSO rights in multiple tenements farmed out to Minres / Yilgarn Iron Investments
- Magnetic anomalies suggest extensive Hematite/Magnetite deposits
- Extensive drilling / surface samples indicate potentially commercial iron ore
- Tenement covers unexplored edge of greenstone belt – close to infrastructure and key gold and iron ore deposits
- Close to Koolyanobbing mine and infrastructure
