W5 Iron Ore Project

The W5 Iron Ore Project is located in the Midwest region of Western Australia, 5km along strike from Fenix Resources Ltd’s (ASX:FEX) Iron Ridge Mine. The Project consists of an exploration licence application, the majority of which is located within the Wilgie Mia Aboriginal Reserve.

The Project was previously held by Sino Steel Midwest Corporation (“Sino Steel”) for over 23 years. During this period over $3 million was spent on the Licence. Upon the grant of the licence, a full exploration targeting program will be undertaken to determine the potential of hosting DSO hematite mineralisation.

Figure 1: W5 Project Location Plan