Other Projects
Polaris' primary focus on resource delineation and development at the YIOP, presently limits activity on other projects.
A number are considered to have significant potential however and work will continue subject to exploration approvals and funding. A summary of key targets is:
Poondano
The Poondano project, 30km southeast of Port Hedland, comprises a series of channel iron deposits (“CID”) that extend discontinuously over more than 20km. In the east and central sectors of the palaeochannel, the CID remnants are mesas elevated up to 30m above the plain level (“Poondano East” and “Poondano Central”). In the west the CID has expression as a low hill 10-15m above surrounding sand plain (“Poondano West”). This deposit crops out relatively poorly over a 2km strike length. Further to the west the projection of the palaeochannel is covered by sand and iron-rich gravels, but the presence of CID has been confirmed by Polaris RC drilling to extend over more than 7.5km to the west.
RC drill testing at the Poondano West buried CID channel revealed a channel with widths of 50-80m with down-hole intercepts up to 18m in thickness, averaging around 6m in thickness. Depth to the top of channel ranged from 1 to 34m with depths typically increasing to the west. Assay results averaged 50-52% Fe.
The metallurgical test work to date suggests this material cannot be upgraded by dry screening and that other processes are required to produce an economic product. Further test work is required to establish the economic viability of this mineralisation.
The Central Poondano Mesas are still considered to have potential to host 1-2
Mt of direct shipping CID ores. Potential remains elsewhere in the project area for both CID and magnetite mineralisation.
Windarling East
Magnetite and DSO target, 50 km north of the YIOP. A flora survey has been completed in anticipation of possible drill testing of previously identified geophysical anomalies later in the year.
Mt Elvire
DSO and magnetite target located 100km north of the YIOP.