Welcome to Polaris Metals NL
“Polaris on the path to iron ore production by 2010”
Polaris Metals NL is an aspiring Australian iron ore producer, listed on ASX and dedicated to developing its quality portfolio of iron ore assets.
The company holds iron ore tenements spanning over 4,700 km² across Western Australia’s premier iron regions of the Pilbara and the Yilgarn. In addition, Polaris has an experienced management team with the expertise to develop these assets through to production.
In the near term, Polaris is focused on bringing its two most advanced projects on stream:
- the Poondano Project, a channel iron deposit, located 30 km from Port Hedland with target resource potential in excess of 10Mt, and;
- the Yilgarn Project, which currently holds 60-65MT direct shipping grade iron ore mineralisation established by drilling, new discoveries with target potential of 40-60Mt, and additional exploration upside, all in close proximity to an established rail link to Kwinana port.
With a strategic alliance with Malaysian steel producer The Lion Group in place, Polaris provides investors with direct exposure to iron ore as a near term producer.