South Dam, SA, Iron ore, 100% CAP
This project comprises EL 4395, located some 200 km north-northeast of Adelaide, along the highly prospective Braemar Iron Formation, which hosts Carpentaria’s flagship Hawsons Iron Project in New South Wales. The exploration target is magnetite mineralisation. EL 4395 is held 100% by Carpentaria.
- For EL 4395, independent geological consultancy firm H&S Consultants estimated an exploration target in the range of 580 to 960 million tonnes, with an estimated magnetite mass recovery (DTR) of 12% to 27% for between 70 and 260 million tonnes of iron concentrate at 63% to 67% iron
The location of the Braemar Iron Formation in relation to the South Dam Project and Hawsons Iron Project