Cunderdin Iron Ore Project
The Cunderdin iron exploration project is centered on the township of Cunderdin approximately 150 km east of Perth in Western Australia, and straddles the Great Eastern Highway and the standard gauge railway line that runs from Kalgoorlie to the port of Kwinana south of Perth. The project consists of wholly owned Exploration Licence 70/3756-I and Exploration Licence application 70/3816 covering a total of approximately 713 km2.
Location - Cunderdin and Burracoppin Projects
The Company’s concept is that granites and granitic gneisses within the Cunderdin area contain enclaves of NW striking metamorphosed greenstone belts, which may also contain meta-sedimentary units including quartz-magnetite/ banded iron formation (“BIF”). However, deep weathering has resulted in little outcrop being left at surface, and hence detailed magnetic and radiometric surveys are critical in outlining these “blind” greenstone belts.
The Company recently completed a detailed 200 metre line spaced magnetic and radiometric survey of the Cunderdin Project area. The magnetic imagery displayed a highly folded magnetic unit which was interpreted to be a buried and metamorphosed Archaean greenstone belt possibly containing quartz-magnetite/BIF. Reconnaissance RC drill testing of this magnetic unit was completed along Shire road verges in September 2010. Assay results are awaited.
