Admiralty Res.A0B9TU

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Admiralty Resources Project and Mineral Portfolio
Project Mineral Deposits
Rincon Salar Lithium, Potash, Sodium
Cia Minera Santa Barbara Iron Ore
Pyke Hill Cobalt, Nickel
Bulman Zinc, Lead

Iron Ore Project, Chile
Admiralty Resources NL acquired a 50% interest in the Sociedad Contractual Minera Santa Barbara iron ore mines.
10,876 hectares of tenements.
JORC measured and indicated resource of 41 million tones of iron ore with an iron content averaging 13.7%.
Stockpiles of 3 million tones of iron ore fines grading 14% iron.
Production of 100,000 tones per month of magnetite iron ore averaging 63.5% iron with phosphorous at 0.06%, silicon at 4% and sulphur at 0.01%.
Iron ore is shipped out of Caleta, Caldera in handymax ships.
A number of distribution partnerships have been formed including ITOCHU Japan acting as agents for Japan and China.
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