Atlas Iron Limited Stock Market Press Releases and Company Profile

View in Other Languages Atlas Iron Limited (ASX:AGO) Discovers More Direct Shipping Ore At Hercules Deposit Atlas Iron Limited (ASX:AGO)在Hercules矿藏发现更多直运铁矿石 Atlas Iron Limited (ASX:AGO)在Hercules礦藏發現更多直運鐵礦石 
Atlas Iron Limited (ASX:AGO) Discovers More Direct Shipping Ore At Hercules Deposit
Atlas Iron Limited (ASX:AGO) Discovers More Direct Shipping Ore At Hercules Deposit

Perth, July 6, 2010 AEST (ABN Newswire) - Atlas Iron Limited (googlechartASX:AGO) is pleased to announce additional exploration success at the recently discovered Hercules deposit, adjacent to existing mining operations at the Wodgina project, 100 kilometres south of Port Hedland in the Pilbara of Western Australia. Better results include:

- 24 metres at 60.4% Fe from 36 metres in WDRC1507

- 32 metres at 58.5% Fe from surface in WDRC1537

- 22 metres at 58.2% Fe from 14 metres in WDRC1535

- 36 metres at 57.3% Fe from surface in WDRC1513

- 28 metres at 57.4% Fe from surface in WDRC1512

Exploration is ongoing at Hercules, with infilling drilling to a nominal 40 metre spacing to be completed across key areas in the next few months ahead of resource estimation for reporting later in the year.

Mining operations are well underway at Anson, with crushing plant commissioning due to commence in late July ahead of ore haulage to port starting in early August.

"It's one thing to find an iron ore deposit but clearly something special for it to be 100 kilometres from one of the world's great iron ore ports, adjacent to existing operations where we have installed all the required capital, resolved transport and port solutions and started mining" commented David Flanagan, Atlas' Managing Director. "The team are to be commended for a great job all round."

About Atlas Iron Limited

Atlas Iron ASX:AGOAtlas Iron Limited (ASX:AGO) is an independent Australian iron ore company, mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Since listing on the ASX in late 2004, Atlas has grown rapidly and is now a member of the ASX100 index.

abnnewswire.com 


Contact

David Flanagan
Managing Director

Andrew Paterson
General Manager Geology

Atlas Iron Limited
Tel: +61-8-9476-7900
Fax: +61-8-9476-7988
www.atlasiron.com.au



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 8) (Last 30 Days: 43) (Since Published: 4993) 

View in Other Languages 499345274012 (13532)

googlechart