Investor Presentaiton
பட
For personal use only
RESOURCES AND ORE RESERVES
Mineral Resource Summary as at 1 February 2013
(at 15% Fe total cut-off grade)
Deposit
Indicated (Mt)
Fe
Fe
(Total%) (Mag%)
Fe
Inferred (Mt)
Fe
(Mag%)
Fe
Total (Mt)
(Total
Fe
(Mag%)
(Total %)
%)
Bjørnevatn
144.3
32
29
137.3
30
27
281.5
31
28
Kjellmannsåsen
11.8
33
27
4.2
30
24
17.4
32
27
Fisketind Øst
29.4
31
NA
22.0
30
Na
51.4
31
Na
Tverrdalen
20.4
32
23
26.4
31
20
46.8
31
21
Bjornfell
17.5
30
NA
4.1
31
Na
21.6
30
Na
Söstervann
4.7
37
31
4.7
37
31
Grundtjern
2.9
34
32
2.9
34
32
Oskarsmalm
18.1
33
NA
14.0
31
Na
32.1
32
Na
Jerntoppen
17.0
31
24
17.0
31
24
Total
241.5
32
28
232.6
30
26
475.4
31
27
Current reserves provide for a 20+year mine life.
The Company is currently reviewing its life of mine
development strategy and pit optimisations and expects to
complete this work in due course.
Ore Reserve Summary as at 1 February 2013
(at 15% Fe total cut-off grade)
Deposit
Probable
Reserve (Mt)
Fe
(Total%)
Kjellmannsåsen
10.5
33
Bjørnevatn
Tverdalen
134.4
30
11.2
31
Fisketind Øst
6.7
30
Total
162.8
30
6
NORTHERN IRONView entire presentation