Yandanooka

The Yandanooka HMS deposit is located approximately 35 km to the east of Eneabba, and 140km by road or rail from the port of Geraldton.

The Yandanooka Mineral Resource totals 95.9 million tonnes @ 2.3% HM, for 2.25 million tonnes of contained HM at 0.9% HM cut-off (Measured, Indicated and Inferred. The deposit contains 256,000t of zircon, 85,000t of rutile, 87,000t of leucoxene and 1,549,000t of ilmenite (at 66.5% TiO2) (see ASX release dated 30 January 2013). The deposit has a coherent higher-grade component of 59.8 million tonnes @ 3.1% HM, containing 1.83 million tonnes HM at a1.4% HM cut-off (Measured, Indicated and Inferred).

The deposit is 5km long by 1.7km wide, between 2m and 20m thick, has minimal overburden and lies above the water table.

Results of initial metallurgical testwork have demonstrated potentially saleable products, including high quality zircon, and high-titanium ilmenite suitable for the chloride pigment process.

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