Ellengail

Ellengail is situated 3km along strike to the north of West Mine North and essentially a continuation of the strand mineralisation at West Mine North and that which was mined to the south at Eneabba West in the 1990’s.  Heavy mineral is associated with the strandline mineralisation which forms the high-grade core, and dunal style mineralisation.  The Project lies wholly within retention license R70/035.

On 01 October 2018 Ellengail Mineral Resource was revised be compliant to JORC 2012 Reporting Code.  Ellengail (at a 2.0% HM cut-off) has a Mineral Resource of 11.8Mt @ 4.8% HM, with an indicated component of 6.5Mt @ 5.3% HM and an inferred component of 4.1% HM.  Strandline deposition formed the high-grade core.

Contained valuable heavy mineral (VHM) at Ellengail totals 519kt composed of 363kt of ilmenite, 56kt of zircon, 46kt of rutile and 54kt of leucoxene.  The indicated component is 325kt of contained VHM comprising 227kt of ilmenite, 34kt of zircon, 28kt of rutile and 36kt of leucoxene, and the inferred component 193kt of contained VHM composed of 136kt of ilmenite, 22kt of zircon, 18kt of rutile and 18kt of leucoxene.

The strike length at Ellengail is 3,200m with mineralisation up to 1,400m width and an average thickness of 7m.  Mineralisation is from surface to 25m depth (see Mineral Resource and Ore Reserve Statement, ASX release 03 October 2018).

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