West Pilbara Iron Ore Project

The West Pilbara Project is located 120km west-north-west of Paraburdoo, proximal to the sealed Nanutarra Road and is comprised of exploration licence 08/1997. Onslow Port is approximately 260km via sealed roads from the West Pilbara Project. The West Pilbara Project area is dominated by Wyloo Group of the Ashburton Basin. Palaeo drainage formed coarse clastic and Robe pisolite deposits that, due to topographic inversion, now meander across the undulating Wyloo Group plain as a series of disconnected mesas.

In 2010 Midas Resources Ltd completed an RC drilling program on top of the main mesa. The program involved drilling 40 vertical RC holes (WPRC 001-040) for 2010m on a nominal 50m East by 100m North grid. Holes were drilled to between 42 m and 60 m depth, designed to delineate CID mineralisation for resource estimation.

An Indicated Mineral Resource has been estimated for the West Pilbara Project and was first announced to the ASX by Midas Resources Limited in 2010. The Mineral Resource was updated to conform with the 2012 JORC Guidelines by CSA Global for Hammer Metals Limited in 2014 (Table 5).