Presentation to Mines & Money Beijing Conference
Sydney, June 21, 2012 AEST (ABN Newswire) - Dynasty Metals Australia Limited (
ASX:DMA) Presentation to Mines & Money Beijing Conference. The following summary outline is expanded in the presentation available on the link below.
Dynasty Metals owns 100% of its prospective iron ore and base metal tenements in the Pilbara:
Granted = 3,543 km2 | Application Pending = 372 km2
- Only 10% of these areas have been intensively explored
- The flagship Spearhole Iron Project will produce 120-170 million tonnes of iron ore concentrates
according to the current beneficiation study
- Northeastern University (China) commissioned to further improve the Fe grade and production yield,
aiming to produce more than 200 Mt @ 60%+ Fe concentrates
- Drilling is underway to test new areas, targeting more iron discovery including direct shipping grade
deposits (> 58% Fe)
- A Scoping Study by MPS confirms Spearhole Project is economically viable, producing 5 million
tonnes per year over 25 years of mine life
- Favourable infrastructure development in Pilbara as announced by QR to construct a 4th rail line
connecting from Port Hedland to East Pilbara
- Dynasty Metals aims to commence iron ore production by 2015
View the presentation here:
http://media.abnnewswire.net/media/en/docs/ASX-DMA-593807.pdf
Contact
Dynasty Metals Australia Limited
T: +61-8-9426-8999
F: +61-8-9426-8900
WWW: www.dynastymetals.com.au/
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