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Atlas Iron Resources Summary Table
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Project Area
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Resource Classification
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Kt
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SiO2
(%)
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Al2O3
(%)
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P
(%)
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S
(%)
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LOI
(%)
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CaFe
(%)
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Pardoo
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Measured
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2,150
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56.6
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6.7
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2.5
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0.17
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0.02
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9.1
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62.3
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Indicated
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14,693
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56.5
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8.3
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1.7
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0.11
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0.03
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8.0
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61.5
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Inferred
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11,222
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55.5
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8.7
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2.2
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0.08
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0.04
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8.3
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60.5
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Abydos
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Indicated
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10,080
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57.8
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5.7
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1.7
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0.05
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0.01
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9.5
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63.9
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Inferred
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12,240
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56.6
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6.8
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2.2
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0.06
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0.02
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9.4
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62.5
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Wodgina
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Indicated
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12,050
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57.5
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6.0
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1.8
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0.09
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0.03
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9.1
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63.3
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Inferred
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30,020
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55.8
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7.3
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2.4
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0.06
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0.07
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9.1
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61.4
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Mt Webber
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Inferred
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43,690
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57.4
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6.3
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2.0
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0.09
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0.03
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8.7
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62.8
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Turner River
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Inferred
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2,470
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58.5
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6.1
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1.8
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0.11
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0.03
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7.9
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63.5
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Western Creek
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Inferred
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19,100
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55.1
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6.6
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4.1
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0.06
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0.00
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9.3
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60.7
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Jimblebar Range
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Inferred
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12,600
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57.5
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7.0
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2.0
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0.06
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0.04
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7.9
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62.4
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Caramulla South
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Inferred
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13,800
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53.9
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8.6
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5.4
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0.04
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0.03
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8.1
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58.7
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Total
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Measured
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2,150
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56.6
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6.7
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2.5
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0.17
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0.02
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9.1
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62.3
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Indicated
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36,823
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57.2
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6.8
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1.7
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0.09
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0.02
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8.8
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62.7
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Inferred
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145,142
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56.2
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7.1
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2.7
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0.07
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0.03
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8.8
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61.6
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Grand Total
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184,115
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56.4
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7.0
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2.5
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0.07
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0.03
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8.8
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61.8
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Note:
Pardoo, Wodgina & Mt Webber resources quoted at >53% cut off grade.
Abydos, Turner River, Western Creek, Jimblebar, Caramulla South resources and Connie Deposit quoted at >50% cut off grade.
CaFe% is calcined Fe calculated by Atlas using the following formula (Fe%/(100-LOI%))*100.
Statements on Exploration Targets
Atlas Iron Limited – Statement on Global Exploration Target
Atlas has reported a total resource inventory of 184 million tonnes at 56.4% Fe consisting of resources at Pardoo, Abydos, Turner River, Mt Webber, Wodgina, Jimblebar Range, Western Creek and Caramulla South. While the Company intends to do further exploration on its tenements and remains optimistic it will report additional resources and reserves in the future, any discussion in relation to targets, resources, reserves or ‘ore’ over and above the resource of 184 million tonnes at 56.4% Fe is only conceptual in nature. There has been insufficient exploration to define a Mineral Resource over and above the resource of 184 million tonnes at 56.4% Fe, and it is uncertain if further exploration will result in the determination of a Mineral Resource over and above the resource of 184 million tonnes at 56.4% Fe.
Atlas Iron Limited – References to Individual Project Exploration Targets
The exploration target stated for individual projects are based on outcrop mapping of surface iron enrichment, rock chip sample grades and any applicable drill results >50% Fe, average drill intersection widths and grades, and typical ranges of values for iron ore bulk densities for the geological region in which the project is located. All exploration targets are conceptual in nature and should not be misunderstood or misconstrued as an estimate of Mineral Resources or Ore Reserves as defined by the JORC Code (2004). Atlas Iron Limited has not yet reported Mineral Resources for Jigalong, Woggaginna, Hickman, Weld Range or Mt Gould. There has been insufficient exploration to define a Mineral Resource within these project areas and it is uncertain if further exploration will result in determination of a Mineral Resource.
Exploration Results – Wodgina, Mt Webber, Turner River, Weld Range, Mt Gould and Hickman
The information on this website that relates to exploration results at Wodgina, Mt Webber, Turner River, Weld Range, Mt Gould and Hickman is based on information compiled by Mr. Andrew Paterson who is a member of the Australian Institute of Mining and Metallurgy and is an employee of Atlas Iron Limited. Andrew Paterson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results. Andrew Paterson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Exploration Results – Woggaginna, Jigalong, Jimblebar Range, Western Creek, Caramulla South, McCamey’s North, McCamey’s South and Ten Mile
The information on this website that relates to exploration results at Woggaginna, Jigalong, Jimblebar Range, Western Creek, Caramulla South, McCamey’s North, McCamey’s South and Ten Mile is based on information compiled by Mr. Bruce McQuitty who is a member of the Australian Institute of Mining and Metallurgy and is an employee of Atlas Iron Limited. Bruce McQuitty has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results. Bruce McQuity consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Competent Persons and JORC Compliance Statements
Geological Data, Interpretation and Resource Estimation – Mt Webber
The information on this website that relates to mineral resource results is based on information compiled by Mr Shane Tomlinson & Mr Chris Allen who are members of the Australasian Institute of Mining and Metallurgy. Shane Tomlinson is a full time employee of Atlas Iron Limited and Chris Allen is a full time employee of CSA Global Pty Ltd. Shane Tomlinson & Chris Allen have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Shane Tomlinson and Chris Allen consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Geological Data, Interpretation and Resource Estimation – Alice, Clare, Hubert, Glenda, and Connie Resources
The information on this website that relates to mineral resource results is based on information compiled by Mr Tony Cormack & Mr Richard Gaze who are members of the Australasian Institute of Mining and Metallurgy. Tony Cormack is a full time employee of Atlas Iron Limited and Richard Gaze is a full time employee of Golder Associates Pty Ltd. Tony Cormack & Richard Gaze have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Tony Cormack and Richard Gaze consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Geological Data, Interpretation and Resource Estimation – Bobby, Floyd, Emma, Olivia, Avalon Point, Mettams, Mullaloo, and Trigg Resources
The information on this website that relates to mineral resource results is based on information compiled by Mr Tony Cormack & Mr David Williams who are members of the Australasian Institute of Mining and Metallurgy. Tony Cormack is a full time employee of Atlas Iron Limited and David Williams is a full time employee of CSA Global Pty Ltd. Tony Cormack & David Williams have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Tony Cormack and David Williams consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Geological Data, Interpretation and Resource Estimation – South Limb and Dean Resources
The information on this website that relates to mineral resource results is based on information compiled by Mr Tony Cormack & Mr Malcolm Titley who are members of the Australasian Institute of Mining and Metallurgy. Tony Cormack is a full time employee of Atlas Iron Limited and Malcolm Titley is a full time employee of CSA Global Pty Ltd. Tony Cormack & Malcolm Titley have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Tony Cormack and Malcolm Titley consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Geological Data, Interpretation and Resource Estimation – Turner River and Wodgina
The information on this website that relates to mineral resource results is based on information compiled by Mr Tony Cormack who is a member of the Australasian Institute of Mining and Metallurgy. Tony Cormack is a full time employee of Atlas Iron Limited. Tony Cormack has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Tony Cormack consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Geological Data, Interpretation and Resource Estimation – Alice Extension
The information on this website that relates to mineral resource results is based on information compiled by Mr Simon Gobbett who is a member of the Australasian Institute of Mining and Metallurgy. Simon Gobbett is a full time employee of Atlas Iron Limited. Simon Gobbett has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Simon Gobbett consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Geological Data, Interpretation and Resource Estimation – Western Creek, Jimblebar Range and Caramulla South
The information in this website that relates to mineral resource results for Western Creek, Jimblebar Range and Caramulla South is based on information compiled by Mr Bruce McQuitty and Mr Chris De-Vitry, who are both members of the Australasian Institute of Geoscientists. Mr McQuitty is a full time employee of Warwick Resources Ltd and Mr De-Vitry is a full-time employee of Quantitative Group. Mr McQuitty and Mr De-Vitry have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken to qualify as Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr McQuitty and Mr De-Vitry consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Ore Reserve Estimation Ridley Deposit
The sections in this website that relate to the Ridley Ore Reserves are based on information compiled under the direction of Mr Bruce Gregory. Mr Gregory is a Member of the Australasian Institute of Mining and Metallurgy and is a full time employee of AMC Consultants Pty Ltd. Mr Gregory has sufficient experience relevant to the style of mineralization and type of deposit under consideration to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’. Mr Gregory consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Dollars means Australian dollars
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