EXPLORATION & DEVELOPMENT

Royal grows iron inventory

ROYAL Resources has increased the resource at its Ironback Hill prospect by 40%, pushing the total inventory at the Red Dragon Venture to more than 3 billion tonnes and making it the second largest magnetite resource in Australia.

Brooke Showers
Royal grows iron inventory

The inferred resource at Ironback Hill is 1.2 billion tonnes at 23.2% iron. Contained within the Ironback resource is a higher-grade inferred resource of 310Mt at 30.4%, using a 26% cut-off grade....

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