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By Tapp B. A

The minerals industry in Australia is currently regarded as the country's economic saviour; the bastion of economic security. As Fitzgerald (1974) stated, 'Australia's natural endowments in minerals are the envy of most countries of the world'. As a result the proposed new mineral developments are on a scale that hitherto in the sixties would have been completely unenvisaged. It is reported that Australia is poised on the verge'of a sixteen billion dollar mining-based investment boom: a boom that will see Australia dominate the energy export field, the mineral processing field, and create the 'coal dollar'. This growth scenario has many inherent dangers, and it is the authors' contention that these should be carefully considered before further development proceeds. Two of the major problems related to the mineral industry growth scenario are the predictability of the future metal market, and the energy cost of mining. The latter problem is the one discussed here. The mining-mineral processing industries in Australia currently use about 36% of Australia's primary energy

Jan 1, 1980

By A J. Weston

Block or panel caving technology is far removed from that of the top slicing and block caving of the late nineteenth or early twentieth centuries. The rapid mechanisation and expansion of these methods in the late twentieth century was as much a result of the change of the technology of the unit operations of development, ground support, drilling and blasting and transport as it was of the advances in geotechnical understanding and practice. The small footprint gravity and scraper block caving mines with boundary weakening, rail transport and shaft hoisting of the early to mid-twentieth century have been replaced by massive high lift panel caves using preconditioning of the ore, large load-haul-dump units, adjacent crushers and conveyors to surface. The technology changes in the unit operations are described and the drivers for these changes examined.CITATION:Weston, A J, 2016. The evolution of block caving technology, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 265–274 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By M I. Pownceby, S Hapugoda, H Han, V Nunna, L Lu

Charcoal produced from Syzygium Zeylanicum (local name: Yakada Maran = iron killer) trees were widely used in ancient Sri Lankan iron smelting practices. In this study, relict charcoal from Syzygium Zeylanicum tree trunks, branches and leaves were analysed for the first time. Unusually high concentrations of calcium oxalate (CaC2O4.H2O – CaOX) crystals were identified preserved in plant cell structures by optical mineralogy and SEM analysis. Thermogravimetric Analysis (TGA) of CaOX showed that it displayed three decomposition stages, releasing H2O at 177°C, CO at 493°C and CO2 at 750°C. Following the identification of CaOX in Sri Lankan charcoal, a series of reduction tests on a low-grade, high-P iron ore fine sample (high SiO2: 5 wt. per cent; Al2O3 4 wt. per cent; P: 0.135 wt. per cent) doped with CaOX were carried out at various temperatures. Samples were analysed by XRF, SEM and EPMA to determine the degree of reduction and the effect of reduction on the deportment of impurities, in particular P. Reduction tests at 800°C and 900°C with 5 wt. per cent CaOX showed that the reducibility increased to over 65 per cent. At temperatures above 900°C, P was located mainly within a fine, interstitial glass matrix suggesting that the CaOX flux enhanced removal of P from iron-rich pre-cursor phases to form glass. Preliminary magnetic separation tests to remove the P-rich interstitial glass were unsuccessful due to the fine grain size. Further complete reduction tests at temperatures above 1200°C with addition of coke to convert the iron oxides into Fem were conducted with samples doped with 10 wt. per cent CaOX, 10 wt. per cent CaCO3 and equivalent undoped samples. Results confirmed the preferential P-incorporation into a glassy matrix in the CaOX samples although some rare P incorporation into the metallic phase was noted. Experimental results, including comparisons with the CaCO3 fluxed and undoped samples, are discussed in view of the potential for CaOX flux for removing P (and potentially other impurities) from P-rich iron ores.

Nov 8, 2021

By T Purvis, Z Liu

Ernest Henry mine (EHM) is an underground sublevel caving mine located in north-west Queensland with a production rate of 6.4 Mt/a. The mine has sublevels spaced with a 25 m vertical interval. The production process on each level starts with the drilling and firing of a blind uphole rise to start the slot extraction. These rises are fired as a single shot and routinely need to achieve a design height of 22 m to 30 m depending on the local mine geometry. If the rise fails to perform as designed then the production phase of the level is delayed with significant rework required to remedy the situation.This paper describes the process that the EHM team has followed to improve the first time performance of each rise. The improvement process commenced with a review of results from previous rises and resulted in the identification of a number of improvement opportunities. A revised holistic approach was established for the process, which included involvement from operators and engineers. Through continued measurement and review of rise performance, inputs to the process were improved to a point where reliable results can now be expected. The successful performance of subsequent rises has been verified through a comprehensive quality assurance quality control (QA/QC) program. Before quality control processes were implemented, the success rate of blind uphole rises was only 11 per cent (one out of nine rises) at EHM. In comparison, the success rates have been vastly improved to 25 per cent (one out of four) and 75 per cent (three out of four) respectively following two stages of improvements. This paper concludes with the ‘current’ series of best practices used at EHM and recommendations.CITATION:Purvis, T and Liu, Z, 2017. Improving the performance of blind uphole rises at Ernest Henry Mine – a case study, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 335–340 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

During the later part of 2007 I was lucky enough to visit the Atlas Copco facilities in Sweden, and to see first hand what a large and diverse company Atlas Copco is. The reason this paper calls the Atlas Copco experience a bonanza is that it means a source of great and sudden wealth or luck; a spectacular windfall or a rich mass of ore, as found in mining. I think this aptly describes the scholarship as it has greatly increased my wealth of knowledge of the mining industry. This paper intends to encourage all those eligible to apply for this fantastic scholarship opportunity, and seeks to thank all those involved who made this scholarship the amazing experience that it was. Atlas Copco produces most of its Swedish products in the town of +rebro, and it was here that I spent most of my time, visiting the Underground Rock Excavation group, the Surface Mining Equipment group and Rocktec. I also travelled around Sweden and was able to visit one of OricaÆs manufacturing plants, the Secoroc groupÆs manufacturing plant, the Geotechnical Drilling and Exploration group as well as being fortunate enough to visit the LKAB mine in the Arctic Circle in Sweden. The trip was not all information on Atlas Copco products and services however; I was able to go to the Ice Hotel in JukkasjSrvi and drink Absolut Vodka out of ice glasses, go on a reindeer safari (as well as eat them!), sample the fine meat from a moose, drink local schnapps, attend the Atlas Copco Christmas party, wander around the wonderful city of Stockholm and generally immerse myself in the great Swedish culture.

Jan 1, 2008

A new engine family has been developed by Caterpillar Tractor Co. for application in off-highway trucks. This family, the 3500 Series is available in three configurations, covering a 600-1200 kilowatt range. This engine series incorporates the latest in design technology, stringent functional specifications for servicing ease, fuel economy, reliability, optimum performance and parts interchangeability. TECHNICAL INTRODUCTION The 3500 Series Engine has been under development by Caterpillar for over eight years and has undergone extensive testing in the laboratory and in field prototype units. - The engine configuration is a 600 Vee in 8, 12, and 16 cylinder versions. - The intermittent power output per cylinder is 75 kilowatt (100 HP). Net power for off-highway trucks is 600-1200 kilowatt (800-1600 Hp) depending on engine configurations. The 3512 (3500 Series Engine 12 cylinder Vee configuration) was the first model of the 3500 Series released. These engines offer optimum user value in terms of product durability, reliability, fuel consumption, performance and installation flexibility. Additional features of 3500

Jan 1, 1982

By R Mann, R Prasad, S Vink, V Nanjappa

The level of salinity that various aquatic organisms can tolerate without incurring any adverse effects is dependent on several environmental and evolutionary factors. These factors include the relative concentrations of different types of dissolved salts in the water that makes up their habitat, the regimes to which organisms are exposed to waters of differing salinity levels (including naturally derived variations), the degree to which an organismÆs life history stages have adapted to salinity, an organismÆs ability or behaviour to avoid adverse levels of salinity and an organismÆs capacity for osmoregulation.Release of saline water into rivers of the Fitzroy catchment has created concern about the impact on aquatic organisms. Not only is salinity itself a stressor on organisms but different ionic compositions will moderate the effects. Ecotoxicology experiments were conducted using artificial saline water based on mine water chemistry using sensitive macroinvertebrates collected from the catchment, as well as a range of laboratory organisms in accordance with the ANZECC and ARMCANZ (2000) guidelines. The 95 per cent ecosystem protection value calculated from species sensitivity distribution derived from the commercial tests was estimated to be ~2.0 mS/cm. For the protection of 99 per cent of the species the salinity has to be reduced by more than 50 per cent to 0.91 mS/cm. The electrical conductivity (EC) values, derived by commercial testing and species sensitivity distribution in this study suggests that salinity contaminant trigger values previously developed using a referential approach for protection of aquatic ecosystems from saline mine water releases in the Fitzroy may be conservative.CITATION:Vink, S, Mann, R, Nanjappa, V and Prasad, R, 2013. Determining the impacts of salinity on freshwater organisms, in Proceedings Water in Mining 2013 , pp 149-154 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 26, 2013

Blast furnace slags which fall into the quaternary system SiO2 - A1203 - MgO - CaO have latent hydraulic properties which depend on the degree of vitrification. When the oxides com- bine to form Calcium Silicate Hydrates and other products of hydration the bonds between elements are at a lower energy level than those which exist in the glassy state. Transition from the glassy state to the crystalline state is thermo- dynamically favoured and, in the context of this paper, such slags possess internal energy. Manufacture of Portland cement is respon- sible for about 3.6 per cent of total industrial energy consumption in Canada. Pyroprocessing accounts for about 83 per cent of this figure or 3 per cent of the total. The processing of blast furnace slag to a condition in which it can be used as a partial substitute for Portland cement requires no pyroprocessing and, on average, only about 11 per cent of the energy needed for Portland cement. In North America the benefits of slag as a cementitious materials have been obscured by other considerations, the most important being commercial strategy. This situation has under- gone radical change as a result of the rising cost of energy, and government pressures to conserve energy.

Jan 1, 1979

The objectives of mining grade control are presented and examples of the techniques used in various open pit and underground mines are used to define the attributes of good grade control. Reasons are discussed for the success of various improved practices. The progressive development of grade control is presented and the balance between quantitative and qualitative data is analysed. The skills and resources required for grade control on mine sites that are using best practice are also presented. A number of problems in grade control have been solved recently however there are still issues that need to be addressed. Examination of the grade control process frequently stops after sample quality has been examined. There is much more beyond this that can now be optimised using conditional simulation models. Other future directions of mining grade control are also suggested. An extensive bibliography of published papers on grade control is included that will be maintained and updated on a website.

Jan 1, 2000

By S Maryati

Surface mining activities disturb large areas, produce great sediment loads and tend to be a source of water pollution if they are not managed properly. Coal mining in Indonesia has a very high risk of soil erosion because the coal mining areas are generally located in tropical areas with a high average of rainfall (4000 - 6000 mm/year) and use surface mining methods. The main factors affecting erosion risk are climate, soil type, topography, vegetation cover and management factors. Thus, the monitoring of erosion risk in mining areas is very important due to the characteristics of coal mining in Indonesia. The objective of this research is to determine the ability of satellite images (remote sensing data) and geographic information systems (GIS) to provide an accurate and up to date spatial database for the monitoring of erosion risk in surface coal mining areas using the Universal Soil Loss Equation (USLE) method.The erosion risk analysis and spatial data processing are generated by the ArcGIS 9.3 software and need several data, namely: an erosivity map, erodibility map, a slope map, vegetation index map and land management or land cover map. The erosivity map is derived from the rainfall data, whereas the erodibility map is derived from the soil map. The slope map is derived from the SRTM-DEM (Shuttle Radar Topography Mission-Digital Elevation Model) and processed using 3D analyst tools. Furthermore, the vegetation index map and land cover map are derived from a satellite image using digital image processing techniques.This preliminary study produced results that show soil erosion monitoring, which is integrated with remote sensing and GIS technologies, has great potential for producing accurate, advance, and low cost erosion risk maps in coal mining areas. This map is very important for getting spatial distributions of the erosion and useful for developing erosion management plans.

Nov 22, 2011

By C Vejrazka

Northparkes is located 27 km north of the township of Parkes in central New South Wales, Australia. The operations consist of underground block cave mines and an ore processing plant that produces high-grade copper and gold concentrate. Production is currently sourced from the E48 Lift 1 block cave mine and open cut stockpiles. Mining commenced at Northparkes in 1994 as an open cut operation. Underground block cave mining began in 1997. Northparkes was the first mine in Australia to use the highly efficient block cave mining method, which relies on gravity and natural rock stresses to fragment the ore.The occurrence of air blasts is one of the principal mining hazards in block caving operations between the time of first undercutting and breakthrough of the cave to surface. As such, it needs to be managed continuously, and risk assessments need to be reviewed on a regular basis for applicability to changing conditions. Unfortunately, there is little literature on how to practically approach air blast risk assessments in a way that can be incorporated in the day-to-day operation of a mine. Previous methods of assessing air blast risk were tedious and results were often unrepeatable.With the extension of the E48 Lift 1 extraction level, it was necessary to assess the air blast risk for the extension drives and develop operational guidelines for production from the extension. A review of the methodology for assessing air blast risks revealed substantial improvement opportunities.This paper outlines the principles used for air blast risk assessments at Northparkes Mines and the methodology employed to achieve efficient, repeatable and auditable results.CITATION:Vejrazka, C, 2016. Northparkes Mines’ current air blast risk assessment practices for block caving operations, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 257–264 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By G Cao, Y R. Cui, J X. Zhao, H P. Gui, G H. Wang, Z M. Wang, M M. Ren, B Li

Pyro-metallurgy is still the main process for lead production and a lot of lead direct smelting processes have been developed in recent years. All the processes will experience two steps in common. The first is the oxidisation of PbS to PbO and then reduction from PbO to Pb, furthermore, from ZnO to Zn. So, the composition of melts, especially the slag composition at reduction step change continuously. Up to now, there are few systematic results on the slag physical-chemical properties with its composition change. In this work, the typical lead direct smelting processes were analysed from theoretical and practical standpoints. The full-period slag composition and slag melting point change were compared. Especially, to the PbO and ZnO reduction steps, based on the full-period slag composition change, the slag properties were predicted. Based on dust composition and test results, the mechanism of Pb compound evaporation and its effect on practice and measurement of high PbO bearing slag physical-chemical property is discussed. It is suggested that to restrain the evaporation in practice and to obtain more accurate measurement results of physicochemical properties of smelting slag are the key problem not only to set high efficiency, energy saving process, but also to environmental pollution control.

Aug 21, 2024

By H S. Welideniya, K Ekanayake

Carbon rich graphite deposits found in Sri Lanka are of inorganic origin and they occur as narrow steeply dipping veins. The vein width of these deposits varies from a few centimetres to metres, with an average vein thickness of 1 m. It is believed that the carbon rich fluid intruded into fracture zones under high pressure and the temperature has crystallised into graphite. This process has also generated many minuscule graphite veins centred on main mineralisation, which has reduced the host rock overall rock mass rating. These discontinuities could also be considered as joints with graphite infill. Graphite mining at Bogala Mines, Sri Lanka is a unique example of narrow vein mining faced with numerous wall stability issues resulting from weak graphite infilled joints.The Bogala vein type graphite orebody has an average vein width of 1 m. Overhand cut-and-fill mining method is used for stoping. The stope consists of two boundary winzes for material handling, access and ventilation. Mining is done on the strike of the vein and the average mining slice height is 2 m. A void to the height of one mined slice is left below the mining level during mining. Waste rock resulting from vein blasting and mine development is dropped into this void as fill rock. Any void height left greater than a single slice height will increase stresses in the stoping zone. This will increase formation of rock blocks and their effective separation from wall rocks. Split miniscule veins occurring around main mineralisation intensifies rock block formation in an environment of mining induced stress release. Consequently, any rock blocks sliding into stopes on graphite infilled joints will behave under constant normal stiffness (CNS) conditions and their shear strength will converge rapidly towards remoulded shear strength of graphite alone. Unlike with general infill deposited in joints, graphite has a very low friction angle and with its slippery nature, a small thickness may affect in great deal to reduce joint shear strength.In addition to immediate filling of excavated voids, controlled vein blasting and spot bolting have improved mine safety. Furthermore, rock bolts connected to each other through iron plates and anchored to anchor bolts installed in non-fractured solid rock are practiced to stabilise rock falls and wedge failures in narrow vein graphite mining. These practices have significantly contributed to safe mining without any rock bursts and catastrophic failures.CITATION:Welideniya, H S and Ekanayake, K, 2012. Challenges faced by narrow vein graphite mining and influence of graphite infill on wall stability, in Proceedings Narrow Vein Mining 2012 , pp 71-76 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Mar 26, 2012

By S Raval

The estimation of greenhouse gas emissions from coalmines is increasingly becoming a priority for both operators and regulators. At the same time, involved scientific challenges in the methane measurements is generating significant interest from global research community. Various technology providers are also actively engaged in improving their sensors and platforms to address the measurement challenges and capitalise the market opportunities. This presentation highlights rapidly evolving multifaceted landscape of coalmine greenhouse gas emissions. It covers the advances in sensors for the detections, including ground-based, airborne, and satellite-based systems as well as models for the emission estimations, including attempts to reduce the involved uncertainties.

Sep 1, 2024

By G Stovpchenko, G Jianjun, L Medovar

Electroslag remelting (ESR) today and into the future, will still be the main process for producing high-quality ingots by suppressing segregation, not just refining chemical composition from impurities. This paper analyses state-of-the-art electroslag refining with a focus on ESR with consumable electrodes, and recent technology with liquid metal supply (ESR LM) in view of their refining abilities and development trends, taking into consideration that the size of the ingots required by industry continues to grow, and the composition of new materials sophisticates to withstand increasingly higher mechanical and temperature loads . The yield of suitable metal in large ingots produced by conventional casting is low due to problems of element segregation by height and crosssection. For example, conventional ingots for nuclear powerplant rotors today reach nearly 700 t in weight. Attempts to directly replace such giant ingots with big-diameter ESR ingots weighing approximately 400 t were also unsuccessful because of growing segregation. Modern ESR equipment and technologies produce 200–250 t of ingots of satisfactory quality, reaching 2.5 m in diameter, implementing the change of consumable electrodes during remelting to increase ingot length. Another way to mitigate segregation is to enlarge the smaller diameter ESR ingot by a 500– 800 mm coaxial layer to the desirable diameter by ESR in the current-supplying mould (CSM). Modelling and experiments prove that refining from impurities and non-metallic inclusions at ESR most effectively occurs at the slag bath and liquid metal pool interface because the ESR LM has provided the same desulfurisation. ESR’s special refining capabilities in CSM come from the much longer time of LM residence shown at titanium purification from hard-melting nitride inclusions that are unremovable in vacuum arc remelting (VAR) and electron beam melting (EBM). Implementation of ESR technologies in CSM, especially with LM supply, is prospective to produce heavy enlarged and hollow forging ingots with prevented development of segregation due to dividing cross-section and reducing overheat of solidifying metal.

Jun 19, 2024

By M L. Cramer, N P. Wines

"On 9 February 2014, bushfire embers landing on exposed coal in a disused pit at the Hazelwood mine in Victoria’s Latrobe Valley ignited a coal fire that burned for 45 days. The fire was the largest and longest burning mine fire to occur in the Latrobe Valley (Hazelwood Mine Fire Board of Inquiry, 2016). Two Victorian Government Boards of Inquiry have been held into the Hazelwood mine fire. The most recent, in 2015, included consideration of the regulation and implementation of rehabilitation practice at Hazelwood and the other two brown coalmines of the Latrobe Valley (Loy Yang and Yallourn; Government Gazette, 2015).The 2015 Hazelwood Mine Fire Board of Inquiry commissioned Accent Environmental Pty Ltd (Accent) to undertake a review of the financial mechanisms for mine rehabilitation and closure adopted in Australia and overseas (Accent, 2015). Specifically, Accent was engaged to identify ‘any practical, sustainable, efficient and effective alternative mechanisms to ensure rehabilitation of the mines as required by the [Victorian] Mineral Resources (Sustainable Development) Act 1990’ in accordance with Terms of Reference 10 (c) (Government Gazette, 2015).The review by Accent included consideration of a range of financial instruments such as bank guarantees, trust funds and insurance. It considered a number of financial assurance systems in operation in Australia, New Zealand, the European Union, Canada and the United States. These systems included: full and discount financial assurance systems predefined liability proportion systems pooled fund systems the use of post-closure financial mechanisms such as trust funds (Accent, 2015).What lessons can be learnt from other jurisdictions? Are there financial mechanisms already in place that could allow the Victorian Government and the mine operators to manage the risk of rehabilitation default3, lower rehabilitation liability, attain site rehabilitation objectives and allow eventual site relinquishment?CITATION:Cramer, M L and Wines, N P, 2016. Global lessons for a local problem – rehabilitation bonds and Victoria’s Latrobe Valley coalmines, in Proceedings Life-of-Mine 2016 Conference , pp 24–27 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 28, 2016

By J Walshe, G Duclaux, L A. Fisher, R Hough, J S. Cleverley, M F. Gazley

Characterisation of hydrothermal gold systems across multiple scales is increasingly important for our understanding of ore deposit genesis and for targeting new mineralisation. Published work on multiscale mineral system exploration focuses either on applying a single technique across scales or on incorporating a series of techniques across a limited scale range. Typically, these studiesÆ spatial scales vary from crustal to deposit-scale and have successfully linked the distribution and shape of major orebodies to fault systems or varying lithostratigraphy. But, is this scale small enough to answer fundamental questions about the relative timing, processes interactions and mechanisms involved in the formation of ore deposits? We illustrate the potential of a deposit to microscale study, using the Plutonic Gold Mine in Western Australia as an example, to better understand hydrothermal gold systems. Using an integrated approach combining lithological and alteration logs, various geochemical data set, meso- to microscale structural and textural observations and spatial data assimilation, we have revisited the fundamental processes involved in the formation of this significant gold deposit.CITATION:Duclaux, G, Hough, R, Gazley, M F, Fisher, L A, Walshe, J and Cleverley, J S, 2013. A multiscale approach to hydrothermal gold systems - unravelling mineralisation processes at the Plutonic Gold Mine, in Proceedings World Gold 2013 , pp 95-98 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By R Morrison, R Dunn

In many mineral processing operations, the reported production figures for an accounting period may not make the best use of available data. While most of the mathematical approaches, such as check-in/check-out, mass balancing, used in effective metallurgical accounting strategies are well understood, the sources and magnitude of measurement errors generally are not. As part of the æAMIRA P754-Metal Accounting and ReconciliationÆ project, a study was undertaken at the Northparkes copper/gold concentrator near Parkes, New South Wales to examine the data used in their concentrator metallurgical accounting system. This paper summarises the results of a detailed examination of the mass measurement systems around the concentrator as well as the primary sampling system used for grade estimation. The goal of this work was to develop practical techniques to quantify the error (ie both accuracy and precision) of the measured metal accounting information. With this information, statistical confidence levels for this data can then be calculated. If the errors are small, the effect of error in each piece of measured data can then be propagated to other calculated production figures such as recovery and feed grade using a statistical technique called æthe propagation of errorÆ.

Jan 1, 2007

By Y Gu, R Fandrich

Traditionally, characterisation of the mineralogy and textures of ore and rock samples were based on observations of hand specimens and thin sections using an optical microscope. The extent of the data collection was limited by the available tools and thus variations in mineralogy and texture were generally not described by quantitative data. These qualitative to semi-quantitative approaches, even though well established over the years, resulted in variable observations and data sets. The data were unlikely to be representative of a sample and limited statistical validity meant the results could not be reliably used in modern digital mining design and planning. With recently developed SEM based quantitative mineralogy tools and the corresponding methodologies, ore textures can be quantified and compared numerically. The numerical data can not only enhance the understanding of an orebody in geological terms, but can also be used in the creation of metallurgical models for mine and mineral processing design and simulation. These capabilities provide valuable inputs to risk assessment studies and the evaluation of mineral projects.

Jan 1, 2007

By J Lea, D C. Kettlewell

The Carina iron ore deposit lies 105 km northeast of Southern Cross, WA. The area designated the Yilgarn Iron Ore Project (YIOP) is comprised of five prospects along an east-southeast trending greenstone belt that extends from the Helena-Aurora Ranges in the northwest to the Yendilberrin Hills in the southeast, over a strike length of approximately 40 km. The YIOP project encompasses the previously identified iron deposits of Bungalbin, Bungalbin East and Mt Walton. The Carina deposit was discovered by Polaris Metals NL in May 2007. The Carina deposit is located within and parallel to the structurally complex northwest trending Mount Dimer shear zone. The volcanosedimentary Archaean-aged greenstone sequence consists of ultramafic and mafic lavas and flows with interbedded sediments dominated by chert and banded iron formation (BIF). Supergene enrichment processes formed a goethite orebody replacement of BIF sequences within a doubly plunging synclinal fold structure. Mineralised outcrops dominated by goethite form a low ridge 1500 m long, up to 90 m wide and drilled to over 200 m in depth. In the vicinity of the Carina deposit, iron occurrences have been identified over at least a 12 km strike length and the exploration potential of the area is identified as 30 - 40 Mt. Polaris Metals began exploration in the area in 2006. Target generation in the area used existing state geological survey maps and regional magnetic survey data to focus on BIF occurrences associated with major structures. Early field investigations resulted in the identification of a large outcrop of predominantly goethite mineralisation at Carina. Detailed geological and structural mapping was completed, followed by close-spaced reverse circulation and diamond drilling. The mineralisation is predominantly goethite with specular and coarse platy haematite localised along structures that cut the goethite mineralisation. Mineralised zones are moderately vuggy and larger cavities occur in proximity to fault zones that transect the orebody. A capping by a thin veneer up to 9 m thick of canga or ferricrete occurs in places. By December 2008, 178 reverse circulation and 11 diamond drill holes (seven surface holes, four tails) were completed. The current JORC-compliant resource estimate is based on assays from 72 RC drill holes and using a 55 per cent Fe cut-off stands as an Inferred Resource of 27.9 Mt at 58.6 per cent Fe, 1.3 per cent Al2O3, 3.7 per cent SiO2, 0.09 per cent P, and 10.1 per cent LOI. Assaying has recently been completed and will be incorporated into a new updated resource later in 2009.

Jan 1, 2009