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Takeover Update

Carina Public Environmental Review

“On the path to iron ore production by 2011”

WA Projects

Polaris Metals Pty Ltd is an aspiring Australian iron ore producer dedicated to developing its quality portfolio of iron ore assets.

The company holds iron ore tenements spanning over 6,000 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 most advanced project on stream:

  • the Yilgarn Project, which has a target resource potential of over 100Mt of direct shipping grade iron ore mineralisation, all in close proximity to an established rail link to Kwinana and Esperance Ports.

Significant iron ore mineralisation potential has also been identified at the Weelumurra Project (350Mt target potential) and the Mayfield Prospect (100Mt target potential).  Evaluation of these projects will continue as a priority in the coming year.

Mineral Resources Limited is a diversified Australian mining services and contracting company which Polaris Metals is apart of: