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Radar Iron Finds a Potential 5.3 Billion Tonnes of Magnetite

By Joel ScanlonJan 31 2011

Radar Iron Ltd (ASX: RAD) listed on the Australian Securities Exchange six weeks ago and it is already looking at a 5.3 billion tonne magnetite prospect.

The exploration of the iron mineralization target was conducted by independent geophysical consultants. The results show great promise for an iron ore project in the explored region.

The Perth based Resource Potentials firm has conducted the review of the company’s Johnston Range project. A total mineralization of 5.8 billion tonnes of iron potential was found in the Radar Iron prospect. The Johnson Range is located in the Yilgarn iron ore province of Western Australia and is spread over 35 km.

The results were obtained by an aero magnetic data survey. There is a 20 to 65% mineralization of iron for 493 million tonnes of iron at 40 to 65%. The company hopes to define a maiden magnetite resource by the end of the year’s exploration. Radar Iron also announced on Friday that RM Research is ready with a research report on the Iron Ore assets of the company located in central Yilgarn in the province of Western Australia.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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Scanlon, Joel. (2019, March 19). Radar Iron Finds a Potential 5.3 Billion Tonnes of Magnetite. AZoMining. Retrieved on November 21, 2024 from https://www.azomining.com/News.aspx?newsID=2862.
MLA
Scanlon, Joel. "Radar Iron Finds a Potential 5.3 Billion Tonnes of Magnetite". AZoMining. 21 November 2024. <https://www.azomining.com/News.aspx?newsID=2862>.
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Scanlon, Joel. "Radar Iron Finds a Potential 5.3 Billion Tonnes of Magnetite". AZoMining. https://www.azomining.com/News.aspx?newsID=2862. (accessed November 21, 2024).
Harvard
Scanlon, Joel. 2019. Radar Iron Finds a Potential 5.3 Billion Tonnes of Magnetite. AZoMining, viewed 21 November 2024, https://www.azomining.com/News.aspx?newsID=2862.