Perth-based explorer Equinox Resources (ASX:EQN) has submitted an exploration licence application for an additional tenement at its Hamersley Iron Ore Project in the Pilbara region of Western Australia.
The company reports tenement E47/4987 covers about 185 hectares of land immediately west of its existing granted mining lease. While waiting for approval, Equinox reports it will undertake a full review of the tenement over the next 6-12 months to ascertain its potential and advance preparations and planning ahead of conducting future works once the tenement is secured.
While waiting for approval, Equinox reports it will undertake a full review of the tenement over the next 6-12 months to ascertain its potential
Additionally, Equinox reports it is progressing with baseline environmental studies with environmental consultancy Umwelt. The company says it has completed desktop assessments for flora and vegetation, terrestrial fauna, and subterranean fauna over key areas at Hamersley in line with environmental impact assessment (EIA) guidelines.
The company also says it will be completing due diligence with respect to traditional landowners before starting its next phase of environmental assessment field surveys. These assessments are expected to be completed in the next 12-18 months and will provide an important understanding of the environmental permit process and key activities required to progress the potential development of Hamersley.
Equinox Resources is an ASX-listed mining company focused on developing its Hamersley Iron Ore Project in the Pilbara region of Western Australia. The project lies about 60km from the town of Tom Price and hosts a mineral resource of 343.2 million tonnes @ 54.5% iron (57.9% Ca-Fe).
Equinox’s strategic plan for the project is to identify, quantify, and execute a processing plant to produce a saleable, quality product that is attractive to customers.
Write to Harry Mulholland at Mining.com.au
Images: Equinox Resources Ltd
